Working capital is about keeping the operating cycle moving. A business with healthy sales can still face a cash gap when stock is held for weeks or customers pay later than suppliers.
Separate recurring and one-time needs
Recurring operating requirements may call for revolving or transaction-linked facilities, while machinery or expansion should usually be assessed separately.
Broad eligibility considerations
Assessment commonly considers the operating cycle, turnover, stock and debtor levels, banking, profitability, existing limits and credit profile.
Documents commonly requested
- Bank statements
- GST and financial statements
- Stock/debtor/creditor data where relevant
- Existing working-capital sanction details
Final approval, pricing, security, scheme coverage and terms are decided by the relevant lender or institution after assessment.