Core Ascent App  /  Financing Options  /  Working Capital

Provider Financing · Working Capital

Flexible capital with no restriction on use.

Working capital financing is the most flexible option in the portfolio. No restriction on how you deploy the funds. Cover payroll during a growth phase, invest in marketing, hire staff, bridge cash flow, or fund operations. When the need does not fit neatly into equipment or inventory, working capital does.

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Overview

General-purpose capital for general-purpose needs.

Funded as a lump sum like a term loan, but with no requirement to use it for a specific asset or purchase. Repaid over a set term with fixed or variable payments depending on the lender structure. SBA-backed options are available for qualifying businesses, typically offering longer terms and lower rates.

Why This Structure

Why working capital fits open-ended needs.

01

No use restriction

The lender funds the loan into your business account. From there, you deploy it wherever the business needs it. Payroll, marketing spend, hiring, rent, tech stack, anything operational. The structure does not dictate the use.

02

Bridge cash flow gaps

Service businesses often have accounts receivable collections that lag 30, 60, or 90 days behind delivered work. Working capital bridges that gap so operations continue without borrowing from payroll or stretching vendor terms.

03

Fund growth without dilution

Unlike equity financing, working capital does not dilute ownership. The capital is a liability repaid over time from business revenue. Growth stays in your hands, and investor negotiations become optional, not required.

04

SBA options available

For businesses that qualify, SBA-guaranteed working capital programs offer longer repayment terms (often 10 years) and lower rates than conventional structures. Our network includes SBA-preferred lenders for qualifying applicants.

Common Use Cases

When providers use this structure.

  • Payroll during a growth phase or seasonal staffing ramp
  • Marketing and customer acquisition investments
  • Hiring costs including recruiting, training, and onboarding
  • Bridging accounts receivable collections
  • Operating expenses during a slow season or market transition
  • Insurance premiums or tax obligations paid annually
  • Professional service engagements (legal, consulting, accounting)

At a Glance

Range
$25,000 to $5,000,000 typical
Term
12 to 120 months depending on structure
SBA Option
Available for qualifying businesses
Rate
Set by funding lender based on credit and program
Use Restriction
None; general operating purposes
Payments
Fixed monthly (or daily/weekly for some programs)
Personal Guarantee
Typically required
Collateral
Varies; may be unsecured or require a blanket lien

Other Options

Explore related financing structures.

Next Step

Need capital without a specific purpose?

Apply to see working capital offers from our network of lenders, including SBA-preferred partners for qualifying businesses.

Start your application

Trust & Disclosures

Core Ascent L.L.C. is a financing facilitator, not a lender or broker. Capital is provided by vetted third-party lending partners. Credit decisions are made by those partners and subject to underwriting. Not all applicants will qualify. Rates and terms vary based on creditworthiness and lender criteria.
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