SBA loans, and commercial bank loans, are often the first place small business owners look for working capital. What they don’t realize is that banks aren’t doing much small business lending, even for customers without bad credit. And SBA loans require extensive forms and business plans, and lenders often require up-front commitment fees in order to consider business loan applications. Some merchants and small businesses prefer working capital loans as approvals are much faster, and much less documentation is required. Approval rates are much higher as well. Many small business owners only seek working capital loans after they’ve exhausted more traditional commercial loans. Some miss the boat entirely due to spinning their wheels for so long seeking commercial bank and/or SBA loans. Working Capital loans should be SIMPLE and QUICK, with much higher chances for approval.