Guide

How much working capital does a business actually need?

Enough to cover the identified gap plus a modest margin, and no more. The number worth calculating is the shortfall between money going out and money coming in over the weeks the gap runs — not the maximum you are offered, which is calculated from what your deposits can bear rather than what you need.

Work out the gap, not the maximum

List what leaves the account over the period — payroll, rent, suppliers, the funding payment itself — and what reliably arrives. The difference, at its widest point, is the gap.

Add a margin for the payment arriving late, because it will. A fifth is a reasonable starting point for most businesses.

That figure is what to ask for. The offer will usually be larger, and the difference between the two is the most expensive money in the deal because it does nothing.

What your deposits support

MONTHLY DEPOSITSTYPICAL OFFER RANGE$30Ka month$15K$45K$50Ka month$25K$75K$75Ka month$38K$113K$100Ka month$50K$150K$200Ka month$100K$300KNEWER BUSINESS, SHORTER HISTORYLONGER TRADING, STEADIER DEPOSITS
Most revenue-based funders advance between 50% and 150% of one month's bank deposits. Where you land inside that band is decided by time in business and how consistent the deposits are — not by which end of it you ask for. Deposits below $30K a month generally do not qualify, and $15K is the smallest amount placed.

Why borrowing the maximum backfires

Repayment is a share of your revenue, so a larger facility means a larger amount leaving before you see it, every week, for the whole term.

It also uses up capacity. Funders calculate what your deposits support in total, so taking the maximum now means there is nothing available if something genuinely goes wrong in month four.

Taking less and repaying cleanly prices the next facility materially better. Funders reward a proven record more than they reward a big first deal.

A sense check before you accept

Take the weekly payment and set it against your worst week in the last twelve months, not your average. If it does not clear that week, the facility is too big.

Confirm the money arrives before the obligation it is meant to cover, not after. A facility that funds the day after payroll has solved nothing.

If the gap is recurring rather than one-off, price a line of credit before taking a lump sum.

Sources

Related questions.

Is it bad to ask for less than I am offered?
No, and it usually produces a better outcome. Funders do not penalise it, and a smaller facility repaid cleanly is the best possible groundwork for the next one.
Can I increase the amount later?
Often, through a renewal once you are part-way through. That is the sanctioned route; a second advance alongside the first is not.
What if I underestimate?
Better than overestimating in most cases. A renewal or a top-up is available; unwinding an oversized facility is not.

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