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How Can Working Capital Help Grow Your Small Business?

What is Working Capital?

Working capital is the short-term financial position of a company. Formula to calculate is current assets – current liabilities to estimate the money readily available for everyday expenses and operations.

4 Ways That Working Capital Can Help Grow Your Small Business

Invest in Marketing and Advertising

It is an excellent way to spread the reach, promote brand awareness, and gain a more extensive customer base.

Hire More Employees

It makes business operations more efficient and expedites growth plans.

Expand Your Product or Service Offerings

Whether the goal is to increase the product line or expand the service offerings, working capital provides financial support while maintaining the cash flow.

Take Advantage of Opportunities

If a new business opportunity comes across, you will need enough working capital to grab it in time.

Apply for Working Capital Loan

Get a Kotak Working Capital Loan with flexible repayment, speedy approval, and minimal documentation. T&C apply. Terms and conditions apply. Credit at sole discretion of Kotak Mahindra Bank Ltd. and subject to guidelines issued by RBI from time to time.