Term Loan
The benchmark everything else is measured against.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
One of six options
Business Cash Advance
The one that needs the closest reading.
- Funding amount
- $5K – $500K
- Funding speed
- 24–48 hours
- Factor rate
- 10% – 35%
- Repayment
- Daily or weekly ACH
Cash advance
How a cash advance is priced
A cash advance buys future card and receivable income rather than lending against credit. It is priced as a factor rate, which is not an interest rate and cannot be compared to one directly: a 1.3 factor on $50,000 means repaying $65,000, whether that takes six months or twelve.
Because repayment is a share of daily takings it flexes with trade, and because it is the easiest money here to obtain it is also the dearest. It has a real place, but it is the offer to hold up hardest against the alternatives before signing.
Before you sign
What to compare
- Total repayment, expressed in money not in a factor
- The holdback percentage of daily takings
- Whether clearing early reduces anything at all
- How it prices against a short term loan
The application
See your offers
About two minutes to apply, no cost, and no effect on your credit. You are under no obligation to accept anything that comes back.
Rather talk to somebody first? (844) 220-3232.
The options
Priced against the other five
Short Term Business Loan
Less interest in total, more out of each month.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
Secured lending, and priced accordingly.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Short money for running costs, collected often.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Priced on what you draw, not what you are approved for.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Cash Advance
The one that needs the closest reading.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%