What does WCTL mean? What is the full form of WCTL?
The full form of WCTL is Working Capital Term Loan
A working capital loan is a loan that is taken to finance a company’s everyday operations. These loans are not used to buy long-term assets or investments and are, instead, used to provide the working capital that covers a company’s short-term operational needs.
Those needs can include costs such as payroll, rent, and debt payments. In this way, working capital loans are simply corporate debt borrowings that are used by a company to finance its daily operations.
WCTL
means
Working Capital Term Loan
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