Definitions for "Operating Loan"
Short-term financing to supply cash flow support or cover day-to-day operating expenses - including, but not limited to, accounts receivable and inventory.
A loan intended for short-term financing to support cash flow or to cover day-to-day operating expenses. Loans of this type are part of the line of credit.
A short-term loan obtained from a bank to finance the cyclical needs of account receivable and inventories. This loan is on demand.
A loan advanced under an operating line of credit.
a flexible loan that allows you to bridge temporary income gaps