Many businesses think that bank or SBA loans are readily available to finance expansion… especially if they are growing and profitable. Banks don’t just decline loans for bad credit, they decline most loans… many for clients with good to excellent credit. 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.