Uses of capital

Capital to grow your team

When you have more work than you can handle, hiring is how you grow. Working capital helps cover the first months while your new team gets up to speed.

Explore GROW™
Hiring and workforce growth
Examples

Hiring and workforce growth

When you have more work than you can handle, hiring is how you grow. Working capital helps cover the first months while your new team gets up to speed.

  • Hire technicians or skilled staff
  • Add an extra shift
  • Train and certify your team
  • Hire administrative staff
  • Cover payroll while demand grows
The option that fits

GROW™ — capital for your next stage

This use fits GROW™, our growth capital: up to $350,000, terms of up to 10 years, no prepayment penalty and no specific personal collateral required, with a fast-track funding process. A longer term protects your cash flow while the new capacity starts bringing in revenue.

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Hiring and workforce growth

Frequently asked questions

Can I use the capital to cover payroll?

Hiring and workforce growth are common business uses. The lender confirms eligibility for your case.

What do I need to qualify?

Generally three or more years in operation, a 650+ FICO score for the guarantor, a 165+ SBSS score, current debts, a minimum 1.25x DSCR and no bankruptcies in the past seven years.

How long does the process take?

With a fast-track funding process, funds are deposited quickly, subject to approval, documentation and closing requirements.

Is CapitalBUENO the lender?

No. CapitalBUENO guides you and connects you with the lender, who makes credit and funding decisions.

Ready for your next stage of growth?

Find out what your business may qualify for

Answer a few questions and an advisor will review your case, with no obligation.

All financing is subject to approval, financial analysis and lender terms.