Working Capital Loan


Also found in: Acronyms.

Working Capital Loan

A short-term loan to finance day-to-day operations of a business. It is normally a loan for a comparably small amount, and is not used for long-term investment purposes. Rather, it funds immediate needs, such as payroll and accounts payable.
References in periodicals archive ?
The court stated that even if the loans from INI were ordinary working capital loan, INI would still be liable because it "had actual knowledge at the time the funds were advanced that a portion of the funds would be used for the specific purpose of paying net wages.
For example, a medical doctor may be a candidate for a $50,000 working capital loan even though the credit report shows a score of only 645 and an outstanding tax lien.
Xiande Li, Chairman of JinkoSolar, commented We are pleased to extend our relationship with CDB from project finance to corporate finance with this working capital loan agreement.
Xiande Li stated, "We are pleased to extend our relationship with CBD from project finance to corporate finance with this working capital loan agreement.
Commercial working capital loans, like all financing solutions from BHG, are offered exclusively to healthcare professionals: physicians, dentists, nurses, veterinarians, physical and occupational therapists, pharmacists, physician assistants and other healthcare specialties.
25 million working capital loan to Chivas USA Soccer ("Chivas USA").
Zhejiang JinkoSolar"), has entered into a US$90 million working capital loan agreement with China Development Bank ("CDB").
1,800 crore as working capital loan and a further Rs.
Contract notice: Provision of working capital loan in the form of an overdraft with a credit limit of up to 20 million lev" - ref.
SAN DIEGO -- KFx Medical Corporation, a developer of minimally invasive percutaneous repair systems for rotator cuff repair, has completed a $2M working capital loan facility with Lighthouse Capital Partners.
314 billion HUF, that is thirty-six billion three hundred and fourteen million HUF, in the form of loan agreement" First Working capital loan replacement 5,000,000,000 HUF, ie five billion forints, Second Working capital loan replacement 5,614,000,000 HUF, ie five billion, six hundred and fourteen million HUF, Third Working capital loan replacement 5,700,000,000 HUF, that is five billion seven hundred million forints, 4th Working capital loan replacement 6.