Advertiser Disclosure
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Merchant Cash Advance Comparison

We've Helped Over 1 Million Business Owners Since 2009 Logos

Read Review Apply Now
Read Review Apply Now
Read Review Apply Now
Read Review Visit Site
Read Review Apply Now
Ease of ApplicationExcellentExcellentGoodExcellentExcellent
Customer SupportExcellentExcellentExcellentGoodExcellent
Borrower Qualifications
Required Time in Business12 months6 months12 months9 months6 months
Required Credit Score600550500550500
Required Revenue$100K/yr$10K/moMonthly: process a minimum of $5,000 in credit card sales OR $12,000 minimum in gross salesN/A$10K/mo
Product Details
Products OfferedShort-term loan and line of creditTerm loan, merchant cash advance, short term loan, SBA loan, business line of credit, business credit card, equipment financing, invoice financingMerchant cash advance, short term loanShort-term loansShort-term loan
Borrowing Amount$5K - $500K$2K - $5M$5,000 - $500,000$5K - $500K$5K - $400K
Term Length3 - 36 monthsVarious options4 - 16 months13 - 52 weeks6 - 24 Months
Interest or Factor Rate0.4% - 0.43% of the borrowing amount/moAs low as 2%10% - 30% of the borrowing amount2.9% - 18.72% of the borrowing amountStarts at x1.09 factor rate
Other Fees0% - 4% origination feeNone1% - 4% origination feeNone2.5% origination fee
Time to Funding2 - 5 daysOffers in 1 - 2 days2 - 4 days1 - 3 days2 - 5 Days
Repayment FrequencyDaily or weeklyVariesTailored to business revenueWeeklyDaily or weekly
Apply Now Apply Now Apply Now Visit Site Apply Now
Share

Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

Sign up for the Maverick Newsletter

  • Please select topics of interest

  • We occasionally send out emails with special offers.
  • This field is for validation purposes and should be left unchanged.