Working Capital Loan is availed by the firms for covering their daily operational expenses. These loans are the excellent way for the businesses to become more focused on their growth and generate capital. The working capital loans in India have become popular among the business owners for tackling with their financial needs. These loans are not used for buying long-term assets and generally used for covering wages, accounts payable and other similar operations. This loan is applicable for the small & medium enterprises for augmenting their working capital needs and meeting the daily operational expenditure.