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Key Factors Shaping Your Working Capital Loan Needs

 


A working capital is crucial for every business as every business has different working capital needs. It’s important to find a loan that aligns with your specific cash flow requirements. 

Factors affecting working capital loan needs:

1. Business type: Product vs Service

2. Payment cycles

3. Overhead costs

4. Seasonal demand

Think of your working capital loan as a smart financial tool to help your business thrive rather than a safety net for poor cash management.

Original Resource: https://www.sgpcredit.com.sg/how-much-working-capital-loan-does-a-small-business-in-singapore-need/

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