The CAPLines working line of credit program is a range of financial products designed to assist small businesses with their short-term and cyclical capital needs. In most cases, these products are only available to companies which already have a traditional SBA 7(a) or CDC/SBA 504 loan. In rare cases, qualified borrowers or well-connected businesses with the potential to bring other borrowers to a bank, may find a lender willing to provide a stand-alone CAPLines LOC.
Examples:
- Converting invoices to cash
- Covering seasonal costs
- Covering costs of materials and labor for a building project
