Customized financing to consolidate high-interest debt or fund major purchases or expenses.
Tailored commercial financing that supports all your business needs to help you grow quickly.
Tailored for entrepreneurs that want to establish additional active and passive income streams.
Tailored for entrepreneurs that want to establish additional active and passive income streams.
Customized financing to consolidate high-interest debt or fund major purchases or expenses.
December 12, 2023
For instance, if a manufacturer's assets total $200,000 and liabilities amount to $130,000, the net working capital is $70,000.
For additional insight into the short-term health of a business, you can also use these figures to calculate its working capital ratio.
Efficient working capital management may ensure that a company has the resources to maintain the seamless execution of operations and capitalize on growth opportunities. Failure to manage working capital effectively could lead to cash shortages, an inability to meet financial obligations, and, in a worst-case scenario, bankruptcy.
Therefore, the management of working capital is indispensable for any business aspiring to sustain financial stability and secure long-term success. Strategies for such effective management may consist of the following.
Working capital management represents a pivotal facet of business operations. Taking the time to understand and optimize your working capital management may help guarantee that your business runs smoothly and efficiently.
Should the need arise, financing options, including loans, may provide invaluable support in meeting working capital requisites.
BHG Financial’s flexible financing solutions offer access to up to $500,0001,2 in working capital, with terms extending up to 12 years1 for affordable monthly payments. You can learn more about BHG Financial's working capital loans here, and view your personalized loan estimate today.
¹ Terms subject to credit approval upon completion of an application. Loan sizes, interest rates, and loan terms vary based on the applicant's credit profile. Finance amount may vary depending on the applicant's state of residence.
² BHG Financial business loans typically range from $20,000 to $250,000; however, well-qualified borrowers may be eligible for business loans up to $500,000.
No application fees, commitment, or impact on personal credit to estimate your payment.
For California Residents: BHG Financial loans made or arranged pursuant to a California Financing Law license - Number 603G493.