Term Loan
A lump sum and a fixed schedule, for the purchase you have already priced.
- Amount
- $25,000 – $500,000
- Rate
- Set in the lender's offer
Working capital loan
Working Capital Loan
Money for the running of the business — wages, rent, suppliers — without pledging what it owns.
- Amount
- $15,000 – $300,000
- Term
- 6 months – 3 years
- Collateral
- None required
- Approval
- 24 – 48 hours
Working capital loan
What it is, and who it suits
Working capital pays for keeping the doors open rather than for one purchase: payroll and benefits, rent and utilities, suppliers, and the weeks between doing the work and being paid for it. Titan writes it without collateral, on the strength of the business's cash flow.
Terms run from six months to three years, and approval typically takes 24 to 48 hours. It asks six months trading, a credit score of 600, $75,000 a year in revenue and a cash flow that is consistent — the thing it is lent against.
What it is for
Six things working capital loan pays for
- Payroll and benefits
- Paying people on time through an uneven month.
- Stock
- Buying for the peak, or at the bulk price.
- Receivables
- Bridging the wait for customers to pay.
- Overheads
- Rent, utilities and insurance.
- Suppliers
- Paying on time and keeping the terms.
- Growth
- Marketing and business development.
The bar
What a lender will look for
- At least 6 months in business
- Personal credit score of 600 or higher
- At least $75,000 in annual revenue
- A consistent cash flow
- The business actively trading
A minimum is where an assessment starts, not a promise of an offer.
And what it will ask to see
- Three to six months of bank statements
- The business's financial statements
- Tax returns, business and personal
- Business registration documents
- Government-issued ID
The application
Get a free quote
About fifteen minutes, a soft inquiry rather than a hard pull, and no obligation to take what comes back.
Rather talk to somebody first? (213) 204-5628.
The six programs
All six, this one marked
Business Line of Credit
A limit to draw on when it is needed, and interest only on what is drawn.
- Limit
- $10,000 – $250,000
- Interest
- On the amount drawn only
Short-Term Business Loan
A smaller sum repaid within months, for a need that cannot wait for a bank.
- Amount
- $5,000 – $100,000
- Rate
- Set in the lender's offer
Working Capital Loan
Money for the running of the business — wages, rent, suppliers — without pledging what it owns.
- Amount
- $15,000 – $300,000
- Term
- 6 months – 3 years
Equipment Financing
Buy or lease what the business runs on, and let the equipment secure it.
- Amount
- $20,000 – $1,000,000
- Term
- 2 – 7 years
Merchant Cash Advance
Cash now against future card sales, repaid as a share of each day's takings.
- Advance
- $5,000 – $200,000
- Repayment
- A share of daily card sales