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Funding glossary

Working Capital

The cash a business uses to cover day-to-day operations — payroll, inventory, and the timing gaps in between.

Working capital is the money that keeps daily operations moving: payroll, inventory, supplies, rent, and the timing gaps between spending and getting paid. In accounting terms it is current assets minus current liabilities, but for most operators the practical meaning is simpler — the cash on hand to run this week and next.

A working-capital advance is short-cycle capital used to bridge those gaps: buy inventory before a busy season, cover payroll while invoices sit on net-30, or repair equipment that is holding up production. The defining discipline is matching the tool to the use — fund a gap that closes soon, not a long-term project that belongs on equipment financing or an SBA loan.

Sizing is where operators win or lose. Take what a conservative slow week can repay, not the maximum offered, and confirm the total payback and remittance in writing. Used well, working capital buys time for a gap that should close; used to paper over a structural loss, it just adds a bill.

Frequently asked

What is working capital used for?

Short-cycle operating needs: payroll timing, inventory, supplies, repairs, and bridging the gap while receivables clear. It is best for gaps that close soon.

How much working capital should I take?

Size to what a conservative slow week can comfortably repay, plus a modest buffer — not the maximum offered. Right-sizing the first deal also sets up a better renewal.

Is a working-capital advance a loan?

It depends on the structure. Quickie’s working capital is a purchase of future receivables, not a consumer loan. Always review the agreement and disclosures.

See a real offer for your business

Connect your business bank, get a decision in minutes for qualified files, and review transparent total payback before you sign. Quickie funding is a purchase of future receivables — not a consumer loan.