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
Working Capital
Covers the interval between work delivered and work paid for, which never closes on its own.
- Funding amount
- Up to $1M
- Funding speed
- Within 24–48 hours
- Cost
- Starting at 4.5%
- Repayment
- Daily or weekly ACH
Working capital funds the running of the business rather than a single purchase: payroll, rent, stock, the gap between invoicing and being paid. Terms are typically short, averaging between six and twenty-four months.
It is the option that keeps growth going through a money-tight stretch, without putting a long obligation on the books.
What it gets you
- Short term, so it clears quickly
- Yes
- Funds within 48 hours
- Yes
- No restrictions on what you spend it on
- 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
Line of credit
Approved now, drawn later. An unused line costs nothing while it waits.
- Amount
- Up to $1M
- Funded in
- 1 – 2 days
Cash advance
Against card takings, repaid as a share of them, so a slow week costs less than a busy one.
- Amount
- $5K – $500K
- Funded in
- 24 – 48 hours