SBA Programs to Provide Working Capital: Some options to consider when local (private) financing is not available

摘要

Landscape and lawn care business owners who survived 2012's summer drought and heat may be suffering cash flow problems. If money and cash flow are uneven, the Small Business Administration (SBA) may have a program to augment working capital and helpfinance seasonal operating expenses to even out monthly receivables and payments. Utilizing tools that finance managers and bankers understand, the SBA has developed methods that lawn care entrepreneurs can employ. They should investigate the newly constructed loan programs. The SBA CAPLines program is designed for small businesses to meet their short-term and cyclical working capital needs and can be used to consolidate short-term debt; provide operating capital; finance costs of performing certain construction, service and supply contracts; and finance the cost associated with commercial construction.