SBA Caplines Program - ABC's of Small Business

SBA Caplines Loan Program - seasonal

Need working capital? The SBA CAPLines Loan Program helps small businesses find the money to keep their company working during seasonal upturns or business cycles. In most cases, the maximum size loan that can be obtained through this program is $1 million because the SBA maximum guarantee is for $750,000 and the lender must put 25% of the loan at its own risk.

The Seasonal Line is an advance to help provide temporary growth in inventory and accounts receivable. Inventory and accounts receivable are the collateral for this loan. It can either be for a specific season (non-revolving) or can be used, paid off, and used over again (revolving.)
The Contract Line provides funding for direct labor and materials costs involved with performing a specific contract. The contract serves as collateral for the working capital loan. Can be revolving or non-revolving.
The Builder's Line can help you finance direct labor-and-material costs if you are a small general contractor or a builder who constructs or renovates commercial or residential buildings. The building you’re working on serves as the collateral for this project. Can be revolving or non-revolving.
The Standard Asset-Based Line is an asset-based revolving line of credit for businesses that can’t currently meet normal credit standards for a longer term loan. Funds can be used for cyclical growth, recurring and/or short term needs. When short term assets, like accounts payable, get cashed out, the lender gets paid. Usually used by companies that provide credit to other businesses. The collateral are the assets of the business.
Small Asset Based Line: Like the Standard Asset-Based Line of credit for loans of up to $200,000. Some of the servicing requirements are reduced as long as the company can show repayment ability from cash flow for the full amount.