How to calculate eligibility for Working Capital?

Question

Accepted Answer

Eligibility for Working Capital is calculated based on various factors such as credit score, cash flow, collateral, and industry type.

Credit score is an important factor in determining eligibility for working capital loans.
Cash flow is also considered as it shows the ability to repay the loan.
Collateral can increase the chances of approval and may also affect the interest rate.
Industry type can also play a role in eligibility as some industries are considered riskier than others.
Lenders may also consider the length of time the business has been operating and its revenue.
For example, a business with a strong credit score, consistent cash flow, and valuable collateral may have a higher eligibility for working capital.

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