Working Capital: The Cash Flow Secret Every Gen Z Entrepreneur Should Know!
Hii wiki MESH ili-launch loan mpya.
You asked, we listened. This loan is what we call a working capital loan.
Working Capital ni nini?
Working capital is the money a business uses for its day-to-day operations—kind of like its "spending money."
It is money that you use to buy what you need to make sales. For example, money to buy Unga for your chapati business or to fuel your boda boda.
This money is not money you use for experimental things or expansion but rather money to support the core business.
Working capital is the fuel that keeps your business going.
For example: You...
- Have a shop na una-need ku-buy stock ku-make weekly sales.
- Need ku-buy cooking ingredients for your Kibandaski or Hotel.
- Need ku- buy a new bale of clothes for your Mtush biz.
- Are a content creator na una-need ku-rent some equipment for a photo shoot e.g. camera na tripod.
- Drive an uber and need cash ku-fill up your tank for the week or a hire gig.
The money you need for stock, fuel or ingredients is your working capital. If you have enough working capital for these things, you can keep growing your biz.
What if working capital yangu iko chini?
It's true a low working capital huzuia biashara ku-grow au ku-improve.
For instance:
- Your business gets a larger than normal order but you don’t have enough money to buy the supplies.
- Cost of goods temporarily go up (like cooking oil).
- You can’t afford high upfront costs like the fertilizer for a new batch of crops.
This forces you to find some extra cash that you know you will make back once customers buy your products.
Where can you find working capital for your biz?
Of course you can take out a loan with family and friends, or enter a partnership with someone who has the cash. Another option is a working capital loan.
Meshers wengi wameshinda wakiuliza watapataje loan ya kuongezea stock?
We have a solution for you. Tuli-partner na Pezesha ku-offer MESHers loan ya kuboost working capital.
Ndio maana ime-partner na Pezesha kukuletea solution fiti yenye itaimarisha biashara yako. Affordable loans kwa wale wanataka ku-run biz bila stress, pia kwa wale wanaotaka ku-grow biz zao.
Be careful!
A working capital loan like Pezesha’s has a quick repayment timeline and high penalties if you don’t pay it back on time. Make sure you use the loan only as working capital to make sales this week or month!
Find more information on MESH about loan opportunities here.
A complete guide to loans for small businesses
Signs Uko-ready For a Loan
Top tips for repaying loans from MESHERS