Caplines Loan Program Law & Legal Definition

CAPLines Loan program is a SBA sponsored loan program that helps small businesses in meeting their capital needs. It is the umbrella program that helps small businesses meet their short-term and cyclical working-capital needs.

Five lines featured by the program are:

1.Seasonal Line

2. Contract Line

3. Builders Line

4. Standard Asset-Based Line

5. Small Asset-Based Line