In today’s high-cost financial landscape, small businesses face increasing difficulties in securing the working capital they need to operate and expand. Rising interest rates and tightened lending standards have created barriers to traditional financing, making it harder for small business owners to invest in growth opportunities, hire new talent, or keep up with demand.
Working capital is crucial for small businesses, allowing them to manage cash flow, invest in inventory, and cover operational expenses. But with the rising cost of money, many small businesses are struggling to meet the requirements of traditional loans.
Why Working Capital Programs Matter
For small businesses, access to the right working capital program can mean the difference between stagnation and growth. Working capital programs give small businesses the ability to:
- Expand operations to meet demand without over-leveraging
- Purchase inventory and materials when they’re needed most
- Invest in technology or equipment that keeps them competitive
- Cover operational expenses during seasonal or temporary cash flow gaps
In a time when the cost of borrowing is higher than ever, working capital programs provide a lifeline, empowering small businesses to navigate these challenges with confidence.
How can Amplify Help?
Amplify is a TD SYNNEX Capital credit program that allows partners to pick their own net terms on eligible orders to address the needs of end users while reducing reliance on outside finance companies. Amplify includes extended payment terms, common due dates and a self-service portal to help partners manage payments.
To learn more, visit our website or contact our team.
