The New Year is the Perfect Time for a Working Capital Loan

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At Direct Capital, we happen to think working capital loans are pretty great any time of year – after all, they can be used for a variety of small business needs, but a working capital loan can come in especially handy for those small businesses looking to start 2013 off with a bang.

Here are three big reasons why you should kick the New Year off with a working capital loan* for your small business:

Tackle that big project you’ve been dreaming of. The New Year is a great time to set small business goals and to finally get around to doing those things you’ve been dreaming of doing for your small business all year long.  Want to finally add more seating in your booming restaurant?  Repave the parking lot? Or get a new POS system for your shop?  A working capital loan can help you tackle some of those much needed projects and there’s really no better time to get started than the New Year.

Restock your inventory. We hope the Holidays were good to your small business, but if you saw a massive holiday rush at your store then you’re likely going to be spending January restocking your shelves.  Taking advantage of a working capital loan is a great way to quickly build your inventory back up.  The best part?  With a working capital loan, you’ll have the means to buy in bulk and take advantage of some major quantity discounts!

Ramp up your advertising campaigns. You’ve likely set some lofty sales goals for your business in 2013, and the only way you’ll meet them is by getting new faces into your small business location.  Advertising is the best way to quickly get your business out in front of thousands of new potential customers, but we know it can get pricey.  If you’ve been skimping on your advertising budget in 2012, take advantage of a working capital loan to ramp up your ad spending in the New Year.   The business it brings in will likely pay your loan back in no time.

What goals have you set for your small business for 2013?  How are you planning to accomplish them?  We would love to hear about it!

*Working capital not available in the following states: AK, DE, ND, VT