How to determine your working capital needs?

2 min read

Working capital refers to the funds you need to ensure smooth business operations. It is essential to estimate your working capital requirement accurately as it would affect your business liquidity.

Consider these factors to determine your working capital needs:

  • Nature and type of business
  • Scale of operations
  • Production cycle
  • Credit availed and allowed to customers
  • Seasonal factors that affect your business cycle
  • Operational efficiency
  • Financial buffer required for contingencies
  • Competition and growth prospects

Once you determine your needs, consider availing of a working capital loan from Bajaj Finserv. Get access to a large loan amount and repay the funds over a convenient tenor.

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