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CapLines is the umbrella program under which the SBA helps small businesses meet their
short-term and cyclical working capital needs. There are five (5) short-term working
capital loan programs for small businesses under the CapLines program:
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Standard Asset Based Revolving Line |
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This revolving line of credit type provides financing to bridge the
cyclical period between sales generation and collection of accounts receivable. This
is the most utilized form of CapLine. Loan amounts of up to $2,000,000 with terms of
up to 5 years are available. |
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Small Asset Based Revolving Line |
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This revolving line of credit type provides the same type of financing as
the Standard Asset Based Line but with reduced servicing requirements. Loan amounts
of up to $200,000 with terms of up to 5 years are available.
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Seasonal Lines |
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This line of credit type provides financing for the seasonal accumulation
of inventory and accounts receivable associated with seasonal sales. Seasonable
lines can be either revolving or non-revolving. Loan amounts of up to
$2,000,000
with terms of up to 5 years are available. |
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Contract Lines |
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This line of credit type provides financing for labor and material cost
associated with performing assignable contract(s). Contract lines can be either
revolving or non-revolving. Loan amounts of up to $2,000,000 with terms of up to 5
years are available. |
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Builder Lines |
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If you are a small general contractor or builder constructing or
renovating commercial or residential buildings, this program can finance direct labor and
materials costs associated with specific projects. Builder lines can be either
revolving or non-revolving. Loan amounts of up to $2,000,000 are available. |
The CapLines program can provide short-term working
capital to grow your business.
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