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Do working capital loans allow me to borrow higher amounts in the future?

Do working capital loans allow me to borrow higher amounts in the future?

Yes. Available credit is often as much as doubled or tripled within 2-4 months of the initial loan. This is usually accomplished in two different ways. First, some lending companies have multiple programs, and can (with performance) move business owners from a business starter loan at first, up to a preferred or premier commercial loan program after a few months. As well, payment history in any program, along with consistent or even growing bank deposits and/or balances, usually result in both higher loan amounts… but also often in longer payment terms.

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