Ready to turn your small business's financial confusion into clarity? We've got Luis, the director of business advising services at Accion Opportunity Fund, on the mic to help you do just that. In our chat, Luis illuminates the often misunderstood concept of working capital loans, revealing when and how they can be your business's financial lifeline. Plus, he'll clue you in on alternatives like credit cards and lines of credit, and guide you through the perks and pitfalls of each. 

Diving deeper into the financial landscape, we tackle the key role of personal credit when applying for a loan and how it affects your small business's risk assessment from a lender's perspective. Luis equips you with important tools to discern the right kind of capital for your business needs, and how to evaluate a project before diving into a loan. We wrap things up with Luis's handy method for calculating a ballpark figure for a working capital loan, and how to dodge predatory lenders. Tune in, and get ready to navigate your small business's financial journey with confidence and knowledge.