Merchant Cash Advance Comparison
We've Helped Over 1 Million Business Owners Since 2009 
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| | | | | | |
| Ease of Application | Excellent | Excellent | Good | Excellent | Excellent |
| Customer Support | Excellent | Excellent | Excellent | Good | Excellent |
| Borrower Qualifications | |||||
|---|---|---|---|---|---|
| Required Time in Business | 12 months | 6 months | 12 months | 9 months | 6 months |
| Required Credit Score | 600 | 550 | 500 | 550 | 500 |
| Required Revenue | $100K/yr | $10K/mo | Monthly: process a minimum of $5,000 in credit card sales OR $12,000 minimum in gross sales | N/A | $10K/mo |
| Product Details | |||||
| Products Offered | Short-term loan and line of credit | Term loan, merchant cash advance, short term loan, SBA loan, business line of credit, business credit card, equipment financing, invoice financing | Merchant cash advance, short term loan | Short-term loans | Short-term loan |
| Borrowing Amount | $5K - $500K | $2K - $5M | $5,000 - $500,000 | $5K - $500K | $5K - $400K |
| Term Length | 3 - 36 months | Various options | 4 - 16 months | 13 - 52 weeks | 6 - 24 Months |
| Interest or Factor Rate | 0.4% - 0.43% of the borrowing amount/mo | As low as 2% | 10% - 30% of the borrowing amount | 2.9% - 18.72% of the borrowing amount | Starts at x1.09 factor rate |
| Other Fees | 0% - 4% origination fee | None | 1% - 4% origination fee | None | 2.5% origination fee |
| Time to Funding | 2 - 5 days | Offers in 1 - 2 days | 2 - 4 days | 1 - 3 days | 2 - 5 Days |
| Repayment Frequency | Daily or weekly | Varies | Tailored to business revenue | Weekly | Daily or weekly |
| Apply Now | Apply Now | Apply Now | Visit Site | Visit Site | |
