Easy application, more funding options and quicker access to capital compared to traditional banks.
|BUSINESS TERM LOAN||REVENUE-BASED FINANCING||MERCHANT CASH ADVANCE||TRADITIONAL BANK LOANS|
|Available / Wait?||YES / Days||YES, OFTEN / Days||YES / Days||VERY LOW Weeks / Months|
|Amount of Loan||$2,000 - $250,000||$2,000 - $250,000||$2,000 - $250,000||$2,000 - $100,000|
|Term Length||3-24 MTS||3-18 MTS||NO Set Term (6-8MTS)||YEARS|
|Industry Examples||Auto, Service, Medical/Dental||Constructions, Transportation, Hotels||Retail, Restaurants, Clubs||Large-Scale Manufacturing, Enterprise Software|
|What’s best for your business?||Reliable Bank Deposits: Ongoing-Years||Seasonal Businesses-Invoice Customers||High % of credit/debit Sales||Large Established Corporations|
|Cost or Rate?||Rate-based on funding amount and evaluation||Pre-Set amount based on total amount advanced and evaluation||Pre-Set amount based on total amount and evaluation||APR-applied to the fund amount|
|Repayment||Set Amount-ACH (weekly / daily)- No holidays / weekends - Evaluation||Set Amount-ACH (weekly / daily) - No holidays / weekends. Evaluation - Adjusted for actual revenue||Set Amount-% of credit / debit sales deducted from merchant account each day (no holiday / weekends)||Fixed Monthly Payments|
|Additional Funding||After 50% of first fund is repaid||After 50% of first advance is repaid||After 50% of first advance is repaid||Requires new application and approval|
FREE, WITH NO OBLIGATION!