Working Capital Loans

Working Capital Loans

Our Working Capital Loans provide funding to keep your small business moving forward. Working Capital Loans can provide your business funding for daily operations, such as, payroll, maintaining or repairing equipment, hiring more employees, purchasing equipment and paying rent. Reach out to our experienced team to learn about how your business can benefit from a Working Capital Loan from Shoreham Bank. 
 
 
Our Program
Shoreham Bank offers the SBA 7(a) Small Lending Program with loans up to $100,000 and terms of 10 years. We are a Nationwide Lender and a member of the Preferred Lender Program with the SBA. This means we can use a streamlined process with delegated authority to approve loans, which expedites the loan approval process.

Working Capital Lock Clock Cash Graphic


Benefits of a Working Capital Loan


As a small business owner, managing cash flow can be a constant challenge. A working capital loan can be a valuable tool for businesses looking to seize new opportunities or bridge a financial gap. With fixed rates and more flexible repayment terms than traditional business loans, a working capital loan is an accessible and affordable financing solution for small businesses. By leveraging a working capital loan, you can free up more time to focus on what matters most - growing your business.


Benefits

  • Expand your Business.
  • Cover Unexpected Expenses.
  • Improve Cash Flow 
  • Take Advantage of New Opportunities.
  • Replenish Inventory.

Why Shoreham?

  • Fast Turnaround times on Applications. 
  • Knowledgeable and Experienced Team.
  • Member of the Preferred Lender Program with the SBA










































  • Must be a U.S. based business located in the U.S.
  • Entity must be at least 51% owned and controlled by a U.S. Citizen or Legal Permanent Resident. All other owners must at least have a U.S. SSN.
  • FICO of 620 or higher
  • Minimum of $50,000 in annual revenue. 
  • Current on all government related loans
  • Must be organized for profit
  • Covering Payroll
  • Restocking Inventory
  • Utility Payments
  • Staying Current on Rent
  • Day-to-Day Operations
  • Vendor Payments
  • Emergency Expenses
  • And More










Subject to credit approval.