Term loan
The plainest instrument here: one sum, one fixed schedule, for something you can put a quote against.
- Amount
- $20K – $1M
- Funded in
- Within 24 hours
Business Cash Advance
Against card takings, repaid as a share of them, so a slow week costs less than a busy one.
- Funding amount
- $5K – $500K
- Funding speed
- 24–48 hours
- Factor rate
- 10% – 35%
- Repayment
- Daily or weekly ACH
A business cash advance gives you fast access to working capital against future credit card or other receivables. Qualifying is usually as quick as the funding itself, because the terms lean on your sales rather than on your credit file.
It is not the right answer for every situation, but for an owner who needs money this week to buy stock or cover a gap, it is often the only one that moves fast enough.
What it gets you
- Low credit scores considered
- Yes
- Limited credit history considered
- Yes
- Funds within 48 hours
- Yes
- No out-of-pocket fees
- Yes
Apply here
About two minutes. No application fee, no collateral, and no effect on your credit to find out what you qualify for.
- No hidden fees
- Yes
- Bad credit is OK
- Yes
- Same day funding
- Yes
- No minimum FICO
- Yes
Or call (844) 236-2884
The other five
Short-term loan
For a cost with a date on it — a slow season, a repair, a short project that pays for itself.
- Amount
- $10K – $1M
- Funded in
- 1 – 2 days
Equipment financing
Secured on the machine, which is why it is the cheapest borrowing on this page.
- Amount
- Up to $250K
- Funded in
- 1 – 5 years
Working capital
Covers the interval between work delivered and work paid for, which never closes on its own.
- Amount
- Up to $1M
- Funded in
- 24 – 48 hours
Line of credit
Approved now, drawn later. An unused line costs nothing while it waits.
- Amount
- Up to $1M
- Funded in
- 1 – 2 days