Loan programs / Cash flow
Working Capital & Lines of Credit
Term loans and revolving credit lines to cover payroll, inventory, seasonal swings and growth, from banks and alternative lenders.
Products
Revolving lines of credit, short-term loans and asset-based lines
Terms
Lines usually renew annually; term loans often run 1 to 5 years
Speed
Bank lines take longer; alternative lenders can move faster at higher cost
Collateral
Usually business assets; sometimes receivables and inventory
Who it’s for
A good fit if you are…
- Businesses with seasonal or uneven cash flow
- Companies growing faster than their cash
- Owners who want a safety net before they need it
Common uses
What the funds can cover
- Payroll and operating expenses
- Inventory and materials
- Bridging slow-paying receivables
- Taking on larger contracts
Figures above are typical ranges, not quotes. Your actual terms depend on the lender and your business.
What to expect
How it works with Benchmark
- Needs review. We look at how your cash moves through the year to decide between a line and a term loan.
- Lender match. We present your file to banks and alternative lenders that fit your size and timing.
- Approval. We review offers with you, comparing total cost as well as the payment.
- Funding. Term loans fund in a lump sum. Lines of credit let you draw as needed and pay interest only on what you use.
Documents
What you’ll typically need
Your advisor will send a checklist tailored to your request and a secure upload link. Please don’t email tax returns or IDs.
- Business bank statements, last 6 months
- Business tax returns, last 2–3 years
- Year-to-date profit and loss statement and balance sheet
- Accounts receivable and payable aging reports
- Inventory report, for asset-based lines
- Business debt schedule
Questions
Common questions
Line of credit or term loan?
A line of credit suits recurring, short-term needs, because you borrow and repay as you go. A term loan suits a one-time need with a clear payback, such as a large inventory purchase.
What is an asset-based line?
A line of credit secured by your receivables and inventory. The amount you can borrow rises and falls with those balances.
Why compare offers?
Payment size alone can be misleading. We compare the total cost and terms so you can see what each option really costs.
Next step
See if Working Capital & Lines of Credit is the right fit
One short application. An advisor will review it, recommend the best program, even if it isn’t this one, and walk you through what comes next.
Benchmark Commercial Lending arranges commercial financing through a network of third-party lenders and funders and may also lend directly. All financing is subject to approval. Rates, terms, amounts and requirements vary by program, provider and borrower qualifications and can change. Program details on this page are general information, not an offer or commitment to lend. Financing is for business purposes only.