Working Capital Loans are short-term financing options that help businesses cover their day-to-day operational expenses. These loans provide the necessary funds to manage cash flow, purchase inventory, or pay employees, ensuring that the business runs smoothly without interruptions. Typically, working capital loans are easier to obtain than long-term loans and can be secured or unsecured. They usually have a quick approval process, allowing businesses to access funds rapidly when needed. However, it's important for borrowers to understand the terms and interest rates associated with these loans to avoid potential financial strain.