What working capital can support
Working capital is commonly used for short-term operating needs rather than a single consumer purchase. Depending on the business and the specific offer, it may support inventory purchases, seasonal expenses, renovations, supplies or other business costs.
The provider, structure, payment schedule, pricing and availability are not the same for every applicant. The final written documents from the applicable funding provider control.
How the review works
An application gives Sutton Funding and potential funding partners information needed to evaluate the business. Review may include business and personal information, bank statements, credit reports, identity verification, public records and other supporting documentation.
Submitting information does not guarantee approval or create a commitment to fund. Calculator results, pre-qualification messages and prospective terms are illustrative or indicative until final closing documents are approved and executed.
Before accepting an offer
- Confirm the total amount provided to the business and the total repayment obligation.
- Review the payment amount, payment frequency, term and every fee shown in the written agreement.
- Identify the funding provider named in the closing documents.
- Ask questions before signing if any term is unclear.
Other funding structures
A different structure may be a better match for a specific use. Compare term financing and a business line of credit, then review the exact terms of any offer you receive.
For a decision framework, read working capital vs. a line of credit. You can also review common business funding requirements and use the application document checklist.