The #1 reason funding gets delayed (and how to avoid it)
When business owners say “I need funding,” what they usually mean is one of two things:
- I need lower-cost capital with longer terms
or - I need speed + flexibility right now
That’s the difference between a Term Loan and Working Capital.
Option A: Term Loan (best for bigger plans + longer runway)
Best for: larger projects, expansions, major purchases, refinancing, big growth moves.
Typical experience: more documentation, more underwriting, longer timeline...but often better structure.
A term loan tends to make sense if you:
- Have solid revenue and clean financials
- Want higher amounts and more time to pay it back
- Can wait a bit longer for the right structure
Timeline: usually 1–3 weeks (sometimes faster if docs are ready)
Option B: Working Capital (best for speed + day-to-day growth needs)
Best for: inventory, payroll, marketing, hiring, covering a gap between receivables, or jumping on a time-sensitive opportunity.
A working capital option tends to make sense if you:
- Need funds quickly
- Want minimal paperwork
- Are solving a near-term cash flow need to create a near-term return
Timeline: often 24–72 hours once we have the basics
The “right answer” depends on one thing:
What are you using the money for and how fast do you need it?
