• Everlasting Capital

6 Uses for Working Capital

Updated: Feb 24


Now that you have started a business, all of a sudden you’re seeing ads and offers for business financing. You’re probably thinking “I don’t need that, I refuse to put myself into more debt.” Hey, we get it. Finances are tight and you don’t want to take up more than you can chew.


Working Capital can be used in a lot of different ways. Once funded, you can use that money for whatever you see fit. You don’t have to use it all for one specific thing. It can be dispersed all around. When used correctly, you can utilize the money to the advantage of your business! We’re here to tell you all the different ways working capital can be used to help you make a decision.


  1. Purchase inventory - if you own a retail store odds are you have to buy inventory in bulk to get a cheaper rate on the purchase. Don’t have the money? You can use your capital towards it! You will save money and be able to make a profit for your business.

  2. Payroll - when business has been slower than expected and you can’t afford to pay your employees. Capital can cover costs so you won't fall behind!

  3. Renovations - does your business space need a makeover? Maybe you’ve been delaying that new toilet you desperately needed. Use capital to revamp your business.

  4. Marketing - as a business owner you don’t have time to do it all yourself. With capital you can hire freelancers and/or marketing companies to boost your business. Give your business a professional look or make others aware of what you have to offer.

  5. Expansion - whatever you need to grow! Whether it be hiring more employees (back to #2 which is payroll) or moving to a bigger space.

  6. Expenses - use capital to cover business expenses such as taxes. Maybe something came up that you didn't expect. This way you won’t have to break the bank to make ends meet.

As you can see, there are multiple uses for working capital. It is meant to benefit your business. If you’re still on the fence or if you're not sure if you're qualified, talk to one of our finance managers and they’ll be able to help you determine what direction you should take. Our goal is to help your business succeed not fail. Have you taken out a capital loan? If so what for? Let us know in the comments!