The Full Form of WCDL is Working capital demand loan.

Working capital, or the cash you have after all liabilities have been paid, is the fuel of a business. Without it, you will find it difficult to handle slow sales or emergencies.

A working capital demand loan is the same as a business line of credit. It allows the business to use flexible financing for use in their everyday business when needed.

Perhaps the biggest difference between a line of credit and a working capital demand loan is the repayment. The loan has a fixed date for repayment, usually 90 or 180 days. Additionally, banks typically insist that this type of loan only be used for working capital needs. You can also expect to pay a higher interest rate on this kind of quick business loan.

Is There an Alternative to a Working Capital Demand Loan?

A working capital demand loan is not for everyone. For example, you might find it problematic to have a set repayment date. Additionally you might need fast business funding for purposes other than working capital and the daily functions of your business.

For alternative options, many have found success with a business cash advance company, like Financing Solutions (www.financingsolutionsnow.com). They offer financial products that are fast, easy and inexpensive.

At Financing Solutions, you can get business cash advances, unsecured lines of credit or debt consolidation help. Best of all, they have flexible repayment opportunities to fit any quick business financing situation.