Working capital finance is business finance designed to boost the working capital available to a business. It’s often used for specific growth projects, such as taking on a bigger contract or investing in a new market.

Different businesses use working capital finance for a variety of purposes, but the general idea is that using working capital finance frees up cash for growing the business which will be recouped in the short- to medium-term.

There are many different types of lending that could be considered working capital finance. Some are explicitly designed to help working capital (whatever industry you’re in), while others are useful for specific sectors or requirements.