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",{"_key":1195,"_type":174,"marks":1196,"text":1198},"k6",[1197],"strong","Capitalise on time-sensitive business opportunities",[],"h2",{"_key":1202,"_type":170,"children":1203,"markDefs":1208,"style":190},"k10",[1204],{"_key":1205,"_type":174,"marks":1206,"text":1207},"k9",[],"First, you will be better positioned to capitalise on business opportunities. Otherwise, you may have to pass on with external financing. That includes: making bulk purchases to take advantage of supplier discounts, or investing in expansion activities that’ll help your company grow.",[],{"_key":1210,"_type":170,"children":1211,"markDefs":1220,"style":1200},"k15",[1212,1216],{"_key":1213,"_type":174,"marks":1214,"text":1215},"k13",[],"2. ",{"_key":1217,"_type":174,"marks":1218,"text":1219},"k14",[1197],"Manage seasonal fluctuations",[],{"_key":1222,"_type":170,"children":1223,"markDefs":1237,"style":190},"k23",[1224,1228,1233],{"_key":1225,"_type":174,"marks":1226,"text":1227},"k20",[],"Second, it’s common for seasonal businesses to rely on working capital loans to even out their cash flow across all seasons. For instance, to prepare ahead for the busy season. A ",{"_key":1229,"_type":174,"marks":1230,"text":1232},"k21",[1231],"k17","restaurant owner",{"_key":1234,"_type":174,"marks":1235,"text":1236},"k22",[]," may obtain external financing to cover the costs of inventory purchases, marketing activities and hiring temporary staff.",[1238],{"_key":1231,"_type":188,"externalUrl":1239,"linkType":145},"https:\u002F\u002Faspireapp.com\u002Fknowledge\u002Frestaurant-loan",{"_key":1241,"_type":170,"children":1242,"markDefs":1251,"style":1200},"k28",[1243,1247],{"_key":1244,"_type":174,"marks":1245,"text":1246},"k26",[],"3. ",{"_key":1248,"_type":174,"marks":1249,"text":1250},"k27",[1197],"Purchase equipment or software",[],{"_key":1253,"_type":170,"children":1254,"markDefs":1259,"style":190},"k31",[1255],{"_key":1256,"_type":174,"marks":1257,"text":1258},"k30",[],"Third, having up-to-date equipment and software can help bring about productivity gains for your company in the medium run. However, it may be too costly to bear upfront. Thus, working capital loans allows you to be able to obtain the tools you need without putting a dent to your cash flow.",[],{"_key":1261,"_type":170,"children":1262,"markDefs":1267,"style":190},"k34",[1263],{"_key":1264,"_type":174,"marks":1265,"text":1266},"k33",[],"To conclude, we aren’t referring to major equipment purchases as these purchases typically require long term financing solutions. 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