Working Capital Limits
Working capital limits refer to the maximum amount of funds that a business can borrow from a lender to finance its day-to-day operations.
These limits are typically provided in the form of a working capital loan or line of credit, which can be used to cover expenses such as payroll, inventory, and other operating costs.
In summary, working capital limits are an important tool for businesses to manage their short-term cash flow needs. By having access to sufficient working capital, businesses can continue to operate smoothly and meet their financial obligations, even during periods of financial stress or uncertainty.
