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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/