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Small business loans for non profit organizations

Alternative Funding Options for Nonprofit Organizations | Excel Capital Management

Unlike businesses that strive to make a profit for their owners, nonprofit organizations pride themselves in serving their respective communities and putting all money back into their cause. Although, the end goal may be a little different from regular businesses, nonprofit organizations still face the same financial issues. Like traditional businesses, nonprofit organizations must deal with tracking revenue, expenses, hiring and training personnel, equipment and supply purchases, and ultimately, need some working capital here and there.

While applying for a traditional bank loan may be the obvious solution, it may not be the most feasible one. Traditional bank loans require a hefty amount of paperwork, a tedious application process, and a lengthy wait period when it comes to receiving an approval or unfortunate decline. Alternative lenders offer a faster and easier solution. Typically, all that is needed to receive an offer in as little as three business days is a simple, one-page application, four months of recent business bank statements, and four months of recent credit card processing statements (if applicable). That’s it! Let’s take a look at a few alternative funding solutions for nonprofit organizations and how they can be used to grow and expand your organization.

The beautiful part about acquiring working capital as a source of funding for your nonprofit organization is that the money can virtually be used for anything – as long as it pertains to the business. Here are a few examples:

Hiring & Training Personnel:   As with any business, hiring and training the right personnel is essential to running a successful nonprofit organization. Maybe you need to hire a receptionist or accountant to help out with the books. Maybe you need to train existing personnel on new procedures.
Purchases & Expansion: Whether you need to purchase new inventory and supplies, repair equipment, open an additional office or location, or simply take care of a few bills and expenses, working capital acquired through one of the many alternative funding solutions available to nonprofit organizations can make all of these things happen easily.
Cash Flow Issues: Juggling bills, payroll, and unforeseen expenses for a nonprofit organization can cause some cash flow issues. Grants may flow in via uneven lump sums, contracts might not be renewed, and reimbursements for services rendered may take weeks to hit your nonprofit’s business bank account. Additional capital may be the solution needed to get everything back in sync.

Working Capital can cover the costs of all of the above and much more! For more information on funding options for your nonprofit organization, you can also call (877)880-8086 to speak directly to one of our funding specialists or APPLY NOW!

7 Money Saving Tips for Small Businesses

Money Saving Tips for Small Businesses | Excel Capital Management

Everyone loves saving money and small business owners are no different.  Although having a tight budget can make saving money tough, here are some money saving tips that can help your business budget.

7 Small changes that can help you save big in the long run.

1. Save Some Paper by Going Paperless

Reduce the amount your business uses paper and postage by working electronically. Going paperless is a great way to increase efficiency and reduce waste and clutter. These changes help lower costs while helping the environment.

2. Don’t Be Afraid to Shop

In addition to loyalty programs and selling in bulk, many retailers and vendors you work with may offer discounts for small businesses. Even if they don’t advertise it, take the initiative to ask. You’d be surprised how much money you save simply by inquiring.

Comparing vendor rates also ensures that you get the most for your dollar.

3. Create a Budget and Track of Expenses

Seemingly small charges add up quickly. Keeping track of your finances by creating a budget allows you to identify the best areas to allocate money. Another helpful tip is to create a log with all of your bills and due dates. Setting a “pay date” several days before the bill is due is an easy way to ensure your payment is received on time and avoid late fees.

4. Upgrade Your Tech

Nothing is worse than coming into work with the drive to get things done only to have your momentum halted because equipment doesn’t work. When troubleshooting becomes a large part of your day, it can severely cut into productivity and progress. Avoid this by replacing outdated or broken equipment.

5. Balance Transfer on a High-Interest Credit Card 

Many business owners have a business credit card that has a high APR attached to it. For some its comfortable to use the same card since its already opened and is linked to many recurring business expenses. However, there are many cards that offer a 0% interest introductory rate for up-to 18 months. CreditCards.com has put together a comprehensive guide with the best offers for balance transfers. To check it out you can view it here.

6. Adopt a Four-Day Work Week

It may seem counter-intuitive, but 4-day work week can help motivate employees to work with focus and more efficiently. Reducing the number of workdays forces you to cut back on time-wasting tasks. Instead of employees having to take days off for doctor’s appointments and other responsibilities,  a 4-day workweek provides the flexibility needed by everyone.

7. Allow Employees to Work from Home

If you aren’t fully convinced by the idea of a 4-day workweek, a good alternative is to let your employees work remotely. Today’s technology allows us to stay connected and work on-the-go. As long as your employees are motivated, engaged, and enjoying their job, they will want to do great work.”

If you find yourself in need of extra funds, Excel Capital Management can help fill in the gaps. Our consultants are available to guide you towards the best options for your business’ needs.

Working Capital Loans: Top Uses and How to Get One For Your Business

Top 5 Uses of Working Capital | Excel Capital Management

What are Working Capital Loans?

There’s nothing more stressful for a business owner than not having enough cash to cover working expenses or other operational costs. Working capital loans are the perfect solution to the slow rigorous bureaucracy we call banks.

Most business owners find themselves in need of extra cash at some point in the company’s lifetime. Slow sales, new competition, a seasonal business model, unforeseen circumstances and unexpected opportunities are all factors that can cause cash flow problems.

Worst of all, these kinds of issues usually crop up when we least expect them to.

Everything is smooth sailing until it isn’t, and when these financial crunches occur in most businesses there’s little opportunity to correct course fast enough to avoid some pretty sticky financial situations.

Fortunately, there are working capital loans – just the thing your business needs when you’re in need of an immediate injection of capital. Financial packages like these can get you out of those sticky situations and actually position you for success at the same time.

Do I need working Capital Funding?

Whether you are having trouble paying your operating expenses, have an equipment breakdown or just a slow month, working capital loans are at your disposal (usually with just a click of a few buttons). These are the kinds of loans that can save your bacon before it hits the frying pan.

Working capital loans give you the ability to pay those working expenses and continue daily operations while generating the revenue necessary to run your business smoothly without sweating a temporary crunch. You’ll be able to keep rocking and rolling, striving for that positive cash flow you need as a business, without having to wonder where the next big financial crunch in your operation is going to come from with the help of working capital loans.

With the evolution of Fin-Tech, you’re not limited to a single type of business loan product. Excel now offers a variety of Working capital loan options all catered to your specific business needs.


Complete our online application and discover how much you can be approved for: Apply Now


In short working capital loans is any cash or credit usually delivered via a business line of credit or an unsecured business loan or any other type of financing which offers a solution to a business’ day-to-day operations and financial needs. The beautiful thing about acquiring working capital for your business is the fact that it can be used for virtually anything (as long as it pertains to the business itself). Here are the top five ways in which many business owners choose to use their working capital.

What is Working Capital

Working capital is any form of cash or funding that is used to operate a business. Most business owners look at working capital as the lifeblood of operations. It helps keep things running smoothly and efficiently. Without working capital, expenses can’t get paid and can be harmful to your business existence.  Working capital can be acquired or saved but it is the cash available to use on a day to day business to operate a business.

What Are the top 5 Uses of Working Capital?

We have helped deliver capital to thousands of business owners nationwide and have seen it all. We have put together what we see the most often.

Inventory and Equipment Purchases

Many business owners choose to use working capital to take advantage of bulk pricing on inventory and equipment. Similarly, equipment such as machines, computers, vehicles, and more can reach well into the thousands of dollars. Because many vendors require a large upfront payment for this type of pricing on inventory and equipment, working capital gives business owners the funds they need to purchase the items they need before it’s too late.


Once your business gets through the startup stage and figures out a regular routine, the best time is when there is just too much business to keep up with!

Many business owners find themselves needing to expand and grow to keep up with the demand. Working capital can be put to use to open a new location, build onto an existing location, add on additional parking, and much more!

The Net Working Capital Formula can also provide you with a chance to take advantage of hot opportunities that may not present themselves ever again, even if your cash and capital reserves on hand right now aren’t quite as viable as have like them to be.

These are the kinds of opportunities that can explode your business capacity, take you to the next level professionally, and open up a world of financial opportunity that simply wouldn’t have existed otherwise.

Unfortunately, no one really knows when these financial opportunities are going to start knocking at your door – but luckily, with the help of working capital loan packages and the Net Working Capita Formula you will be able to jump on board the chances for growth whenever and however they present themselves.

New Hires and Employee Training

Another form of expansion can be hiring new employees. Once your business starts to boom, you may need some extra help. Maybe you want to hire additional cashiers for your store. Maybe your restaurant needs additional wait staff. Maybe your doctor’s office needs another receptionist. Maybe you even need to hire a few accountants to help take care of your finances. Additionally, many of these employees will need adequate training. Working capital can be used for all of these things!

Unforeseen Problems

Unfortunately, with every business, problems do arise. Equipment fails, vehicles breakdown, natural disasters occur, employees, leave. The headaches are unforeseeable and can be expensive, but working capital can help to cover the costs in a matter of a few days.

Business Expenses

By acquiring working capital loans for your business, you will be able to pay for things that may have been unaffordable in the past. You may need office supplies, new computer software, or you may have a few bills to pay. These payments can all be made possible with working capital.

At the end of the day, the right working capital loans have the potential to help you build and grow the kind of business you’ve always dreamed of owning and running.

Before acquiring a working capital loan it is very important to understand the cash flow of your business and how a business capital loan can affect the bottom line. 

The working capital formula is crucial in understanding this.


What is the Net Working Capital Formula?

Before you jump into the Net Working Capital Formula you have to understand what is net working capital. Net working  capital is used to calculate the liquidity of a company by calculating its current assets that can be used to pay off its current liabilities. This calculation is very important as it’s used by company executives, vendors and other creditors to see how efficiently the company case use its assets and get a general idea of the company’s short-term liquidity.

The amount of current liabilities a company has in the current year is the primary focus of the Net Working Capital Formula which focuses account payable, any sort of debt from trades and also notes from other vendors.

On top of that, you’re also going to have to fundamentally understand the Four C’S Of Credit and how they are going to impact your ability to take full advantage of net working capital loans(as well as how they are going to impact your viability as an entrepreneur and business owner in general.

A lot of business owners and operators are under the impression that they’ll be able to utilize nothing more than their sales, revenue, and other business assets to take full advantage of financing packages from operations like net working capital.

And while that may be true to a point, at the end of the day the Four C’S Of Credit are always going to have an impact on your finances – and you have to be sure that you are doing everything you can to maximize those key criteria to leverage financing as often as possible to grow your business and accomplish the kind of financial future you’ve always dreamed of.

We’ll dig a little bit deeper into the working capital formula, the 4 C’S Of Credit, and how they all come together in the Net Working Capital Formula in just a moment.

To calculate the Net Working Capital Formula you have to all the current liabilities your company has from all the current assets of your company.

The assets that are put into consideration when calculating the Net Working Capital Formula are current cash, account receivable, all investments (short-term) and the current inventory the company has. These are the assets that have the most viability to financiers like net working capital, and they are the assets that are going to shine the brightest light on the financial health and wellness of your company on a regular basis.

It’s critical that you are able to produce information pertaining to these core assets before you get started looking to leverage the working capital formula. You’ll need to know exactly where you stand as a business financially before you start to dive deep into these opportunities, and only your own accounting will be able to provide you with those kinds of answers.

The current liabilities include account payable, taxes, all sorts of stacked investments, debt from trade and deposits from various customers. Liabilities should be kept to as much of a minimum as possible for smart and savvy business purposes, and companies that have a negative cash flow – as well as anything but solid 4 C’S Of Credit – are going to have a really tough time taking advantage of any financing packages.

At the same time, The Net working Capital Formula is always trying to help entrepreneurs and business owners across all industries and with a multitude of different financial outlooks. It’s still a good idea to reach out to our operations to see if you can take advantage of the working capital formula, even if your liabilities are a little bit higher than you expected or anticipated upon closer look.

A Better Understanding of the Four C’S Of Credit

Every financial lender out there is going to take four key criteria into account when they are trying to decide whether or not you qualify for working capital loans or financial packages, and those four key criteria make up the “4 C’s of Credit” that we’ve been talking about.

These criteria include:

  • Your character
  • Your collateral
  • Your credit score/credit history and
  • Your capacity to repay loans moving forward

Each of these four key criteria are big pieces of the credit puzzle, and it’s important that you do absolutely everything you can as an entrepreneur to maintain good character, to have collateral available to put up to secure the kinds of financing you need, to improve your credit score and bolster your credit history, and to prove your capacity to repay loans and financial packages with a positive cash flow.

As a nontraditional lender, net working capital has its own proprietary working capital formula to work off of when determining the worthiness of the applicants. But we can tell you that the Four C’S Of Credit are always going to play a role in this determination. It’s important that you do everything you can to improve those criteria, patch of any holes, and recover from any dings or dents that may have hit your credit in the past.

The Net Working Capital Formula has been designed to make it as easy as possible for qualified entrepreneurs to leverage cash and capital when they need it most, and while it relies on the Four C’S Of Credit for sure to boost and build your business there’s a lot more that goes into this formula man is immediately apparent on the surface.

To learn a little bit more about the working capital opportunities available, or to see if you qualify for these kinds of financial packages now, reach out at your earliest opportunity. We would be happy to talk a little more about how we might be able to build and grow your operation by working together!

Complete our online application and discover how much you can be approved for: Apply Now