Breakthrough Coaching

NCMIC is proud to help Breakthrough Coaching Members protect and grow their practices.

Ways to Use Working Capital

Working capital loans are a versatile way to add cash flow to your business for a variety of reasons, including inventory, marketing, human resources and unexpected expenses. 

Typical Uses of Working Capital Cash

Bridge Delays in Collecting Account ReceivablesDepending how you bill, delays are common in receiving cash for your product or service. This can be due to insurance reimbursements or past-due payments from your customers.  Working capital cash can help in these instances.
Purchase InventoryRestock existing inventory or purchase new products to sell in your business.
Marketing CampaignsLocal advertising, event sponsorship, direct marketing campaigns, signage and other return-on-investment opportunities are common uses of working capital.
Hiring & EmployeesCash from working capital loans can be used for human resource expenses such as hiring  bonuses, employee events, career fairs and more.
Office or Business Growth If it's time for a physical expansion of your office or a remodel, a working capital loan can help fund your growth.
TaxesWhether your taxes are due on a quarterly or annual basis, working capital is an option to bridge cash flow during tax season or fund property tax payments.
Unexpected Expenses & MoreAs a business owner, any number of expenses can creep up from time to time. Because a working capital loan can be used for any business expense, it can keep you up and running without interruption.

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Equipment Loan     Working Capital Loan

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