Business Loans
Our Fast Business Loan, unlike traditional bank loans, has less stringent requirements, faster approval, and no closing cost or fees.
Get the cash you need quickly without the paperwork hassle.
Fast Business Loan Advantages:
- 90% merchant loan approval rate.
- Get approved in 48 hours.
- Funds deposited in your bank within 5 to 7 business days.
- Repayment schedule that doesn't consume your daily cash flow.
- No collateral.
- No application or closing fees.
- Poor credit o.k.
- Interest may be tax deductible which lowers your net -effective rate-.
- We'll take 2nd (subordinate) position. Layer our business loan over your existing loans.
- Easy Application, Minimal requirements.
What are the approval requirements for our fast business loan?
- In existing business at least 1 year
- Annual gross sales of at least $300,000
- You are not a start up merchant
Not sure if you meet these requirements?
Call us now or complete our no obligation online inquiry. A Financial Advisor will consult with you to determine what funding solution best fits your needs.
With our wide range of funding programs we'll craft a plan that gets you the funding you need, when you need it, and at an affordable cost.
There is no single funding product that meets the needs of all businesses. That's why we offer access to a variety of different funding options.
For merchants who fall outside our Fast Business Loan criteria, the following funding solutions may be a better fit:
Alternative Funding Solutions:
Business Cash Advance
Invoice Factoring
How do some of the financial products we offer compare with a traditional bank loan?
No two business financing situations are alike. At Merchant Advisors, we'll take the time to match you with a product that best fits your needs.
Over 90% of our merchants come back to seek more financing through us as their needs grow. So it's in our best interest to take a long term approach to your small business funding needs.
Product Comparison Matrix
This matrix will help give you a better idea of how we compare to traditional bank financing. It shows a sample of just a few of the funding options available when you choose Merchant Advisors.
| Our Business Cash Advance | Our Fast Business Loan | Our Unsecured Line Of Credit | Traditional Bank Loan | |
|---|---|---|---|---|
| Minimum Personal Credit Score | 500 | 600 | 650 | 700 |
| Minimum Funding Amount | $5,000 | $100,000 | $20,000 | n/a |
| Maximum Funding Amount | $1,000,000 | $5,000,000 | $350,000 | n/a |
| Minimum Time In Business | 4 months | 1 Year | 2 Years | 2 Years |
| Collateral Required? | No | No | No | YES |
| Typical Repayment Term | 6 – 12 months | 6 – 12 months | 4-7 years | n/a |
| Does it show on personal credit as an “outstanding obligation”? | No | Yes | Yes | Yes |
| Bankruptcy Discharged OK? | Yes | Yes | Yes | No |
| Existing Merchant Credit Card Processing Sales Required? | Yes | No | No | No |
| Personal Guarantee Required? | No | Yes | Yes | Yes |
| Fixed Repayment Schedule? | No-based on cash flow | Yes | Yes |