39 Listings
Sales-based merchant cash advance up to $2 million for one fixed fee (~36% APR in our example), no published credit mini...
Estimated APR:
~26% to 36% APR on a 10% fee repaid in 6.5 to 9 months (Lender List est.); lender does not publish (Business Expert, UK: ~20% to 79%)
Term:
No fixed term; repaid from a share of sales (no periodic minimum through Stripe Capital)
Repayment schedule:
Fixed % of each card or platform sale, deducted automatically; extra payments any time by card or ACH
Funding amount:
Up to $2 million (FreshBooks program: $1,000 to $1 million)
Time to funding:
Approval in as little as 24 hours; funds as little as 48 hours after approval (Stripe channel: typically 1 to 2 business days)
Toast POS sales-based loan, $1,000 to $300,000 per location. One fixed fee (~76% APR in our 92-day example), no credit s...
Estimated APR:
~31% to 76% APR (Lender List est.: 16% fee over 360 days to 10% fee over 92 days, payments starting next day); lender does not publish fee range (Zogby: fees 5% to 16%)
Term:
90, 270 or 360-day target; maximum term is target plus 60 days (150, 330 or 420 days)
Repayment schedule:
Fixed % of daily Toast card sales (Toast example: 10%); some 270/360-day loans have 30-day minimums; balance at maximum term collected by ACH
Funding amount:
$1,000 to $300,000 per location ($5,000 to $100,000 introductory offers)
Time to funding:
Pre-qualified offers in dashboard; funds as soon as next business day after signing (typically 1 to 2 business days)
Broker (ISO), not a direct lender: term loans $10,000 to $4M, lines to $300K, equipment to $3M via partner funders. 500+...
Estimated APR:
Lender does not publish; set by placing funder (Lender List MCA example: ~43% to 75% APR on a 1.2 factor over 10.5 to 6 months)
Term:
6 to 120 months (term loans); 1 to 3 years (lines); 1 to 7 years (equipment)
Repayment schedule:
Set by funder: monthly on term loans; weekly or monthly on equipment; daily or weekly debits typical if placed in an MCA
Funding amount:
$10,000 to $4 million (term loans); lines up to $300,000; equipment up to $3 million (own pages also cite $2M to $10M maximums)
Time to funding:
Approval advertised within 1 hour; term-loan funds in as little as 24 to 48 hours after approval; approved lines drawable immediately
Term loans to $10,000,000 and lines to $500,000, from 1.25%/month (~28% APR example), 500 FICO, soft pull, decisions in ...
Estimated APR:
~27% to ~39% APR (Lender List est. at 1.25% to 1.75% per month, 12-month add-on example); lender does not publish APR
Term:
6 to 48 months (term loans); lines revolve; SBA 10 to 25 years via partners
Repayment schedule:
Fixed weekly or monthly auto-debit from business bank account
Funding amount:
$5,000 to $10,000,000; lines of credit $5,000 to $500,000 (LendingTree: up to $20,000,000 incl. equipment)
Time to funding:
Decision usually within 24 hours, often same day; funds by wire the same day or ACH the next business day
Restaurant cash advance bundled with diner-rewards marketing; repaid from card sales, no fixed term. Price unpublished (...
Estimated APR:
~68% to 83% APR in a $25,000 Dining Credits example at a 28% to 35% purchase discount (Lender List est. from a 2010 white paper Rewards Network submitted to the SEC); lender does not publish current pricing (Trustpilot borrower-reported payback 155% to 160%)
Term:
No fixed term; ends when the agreed receivables are delivered (~11.6 to 12.8 months in our example)
Repayment schedule:
Dining Credits: share of each member card transaction (75% per a 2010 white paper submitted to the SEC); Premier: % of all card sales, collected automatically
Funding amount:
Lender does not publish; sized on member card sales (Dining Credits) or total card sales (Premier)
Time to funding:
Dining Credits approval in as little as 48 hours; funding time not published
Merchant cash advance as a Visa card and Flex Line cash draws. Factor rate 1.1 to 1.5 (~19% to 174% APR), no credit mini...
Estimated APR:
~19% to 174% APR (factor 1.1 to 1.5 over 6 to 12 months; Lender List est.); lender does not publish
Term:
6 to 12 months (Merchant Maverick); 4 to 18 months (Bankrate, UCS)
Repayment schedule:
Fixed daily or weekly automatic ACH debits from business checking, sized to projected sales
Funding amount:
Lender does not publish; limit set by deposit volume (third-party: up to $500,000 Nav, $1 million UCS, $2 million Merchant Maverick)
Time to funding:
Decision often within an hour; funds within 24 hours of approval
Direct merchant cash advance, $5,000 to $600,000. Factor rates from 1.11 plus 2.5% fee (~29% APR in our example), 550+ c...
Estimated APR:
~29% to 55% APR at the 1.11 best-case factor rate incl. 2.5% fee and admin fees, 12 vs 6 months (Lender List est.); maximum factor rate: lender does not publish
Term:
3 to 24 months (MCA); 6 to 24 months (working capital loan)
Repayment schedule:
Fixed daily or weekly ACH debits set at approval (NerdWallet: holdback typically ~10% of sales); reconciliation credit on request if sales fall short
Funding amount:
$5,000 to $600,000 (merchant cash advance); working capital loan $25,000 to $600,000
Time to funding:
Approval in as little as 2 hours; MCA funds as soon as 4 hours after approval (one FAQ answer: 24 hours)
Merchant cash advance of $5,000 to $500,000 from a direct funder since 2005. Factor 1.09 to 1.20 (~23% to 50% APR, third...
Estimated APR:
~23% to 50% APR on a 1.09 to 1.20 factor repaid over 9 months (Lender List est.); about 57% with a 2.5% origination fee; lender does not publish
Term:
MCA 3 to 18 months (estimated; no fixed term); term loans 3 to 60 months
Repayment schedule:
Automatic daily debits of a % of card sales or receivables (holdback % not published)
Funding amount:
MCA $5,000 to $500,000; term loans up to $1 million
Time to funding:
Approval within hours; funds within hours of approval to a few days (Merchant Maverick: 1 to 3 days)
Short-term business loans of $6,000 to $500,000 for 6 to 18 months. Factor rate from 1.11 (~25% APR at 12 months), 600 c...
Estimated APR:
About 25% to 50% APR (1.11 factor, 12 to 6 months; Lender List est.); lender does not publish
Term:
6 to 18 months (NerdWallet: 4 to 18 months)
Repayment schedule:
Fixed ACH debits on business days, daily or weekly (NerdWallet)
Funding amount:
$6,000 to $500,000 (lender states up to $500,000; low end per NerdWallet, $10,000 per Bankrate/Finder)
Time to funding:
Decision usually within a few hours; funds as soon as next business day after acceptance
MCA inside partner apps (Uber Eats, Housecall Pro); amount sized to sales. One flat fee (10% example, ~38% APR), no cred...
Estimated APR:
~38% APR on a 10% fee repaid in ~6 months (Lender List est.); Pipe said in 2024 it aims to keep average APRs in the low 20% range, with some reaching the low 40% range (Payments Dive)
Term:
No fixed term; no monthly minimum; ends when advance + fee are repaid
Repayment schedule:
Fixed % of each sale (Pipe: 15% or less), deducted automatically from platform payouts
Funding amount:
Lender does not publish; offer sized from platform sales, projected revenue and bank data (avg. advance ≈ $20,000, Lender List est. from $300M / 15,000 advances)
Time to funding:
Pre-approved offer; funds same business day once payments are set up, can arrive within hours (some partners: up to 48 hours)