Businesses need working capital to cover their day-to-day operational costs ... Salaries and benefits that have been paid ...

It's considered a current asset if the value exchange for a prepaid expense is expected to occur within a year and it can be counted as such when determining working capital. Prepaid Expense Example ...

How long is the term for a working capital loan? Working capital loan terms vary by lender, but because these loans are considered short-term loans, they generally must be repaid within two years ...

Our opinions are our own. Here is a list of our partners and here's how we make money. Working capital loans can be used to finance short-term expenses and help keep your business afloat when you ...