21 Jan CAPLines Working Capital Loan Program
Program Name: CAPLines Working Capital Loan Program
Resource Type: Federal
Agency: Program Source: Loan
Description: Help small businesses meet their short-term and cyclical working capital needs. Finances seasonal working capital needs; the direct costs of performing certain construction, service and supply contracts; the direct cost associated with commercial and residential construction; operating capital by obtaining advances against existing inventory and accounts receivable; and consolidation of short-term debt. SBA provides up to an 85 percent guarantee. There are five distinct loan programs under the CAPLine umbrella: Contract Loan, Seasonal Line of Credit, Builder’s Line of Credit, Small Asset-Based Line of Credit, and Standard Asset-Based Line of Credit.