Working Capital Loans are basically short-term business loans, which come with repayment period of around 1 year. In addition, these loans can be obtained easily; however, cannot be used to buy or invest in long term assets.
The major objective of a working capital loan is to meet short-term financial needs for a company such as salary payments, short term operations, bills payments, and trade credit. Different types of working capital loans available in the market include bank overdraft or line of credit, short-term secured loans, and trade credit.
This report contains market size and forecasts of Working Capital Loan in Global, including the following market information:
Global Working Capital Loan Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Working Capital Loan market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Banks Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Working Capital Loan include U.S. Bancorp, Bank of America Corporation, Wells Fargo & Company, Citibank, JPMorgan Chase & Co., BB&T, PNC Financial Services Group Inc, Regions Financial Corporation and JPMorgan Chase Bank and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Working Capital Loan companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Working Capital Loan Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Working Capital Loan Market Segment Percentages, by Type, 2021 (%)
Banks
Non-Banking Financial Institutions
Others
Global Working Capital Loan Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Working Capital Loan Market Segment Percentages, by Application, 2021 (%)
Business
Individuals
Global Working Capital Loan Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Working Capital Loan Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Working Capital Loan revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Working Capital Loan revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
U.S. Bancorp
Bank of America Corporation
Wells Fargo & Company
Citibank
JPMorgan Chase & Co.
BB&T
PNC Financial Services Group Inc
Regions Financial Corporation
JPMorgan Chase Bank
First Citizens Bancshares Incorporated