Product Comparison
Compare Business Lending to find the right fit.
| Product | SBA Loan4.7/5 | Merchant Cash Advance4.5/5 | Business Line of Credit4.4/5 | Business Term Loan4.3/5 | Equipment Financing4.2/5 |
|---|---|---|---|---|---|
| Description | Lowest rates available, government-backed | Flexible repayment tied to your daily sales | Draw funds as needed, pay only on what you use | Fixed rates, predictable monthly payments | Equipment is the collateral — easier approval |
| Key Features | • Lowest interest rates available • Terms up to 25 years • Government guarantee reduces risk | • No fixed monthly payments • Funding in 24-48 hours • Credit score as low as 500 | • Only pay interest on drawn amount • Revolving — reuse as you repay • Fast access to funds | • Predictable fixed payments • Lower interest rates • Build business credit | • Equipment serves as collateral • Up to 100% financing • Preserve working capital |
| Considerations | • Extensive documentation required • 60-90 day approval timeline | • Higher effective cost than traditional loans • Daily deductions from sales | • Variable interest rates • Annual fees possible | • Stricter qualification requirements • Longer approval process | • Only for equipment purchases • Equipment may depreciate faster than loan term |
| Product Link | Visit SBA Loan | Visit Merchant Cash Advance | Visit Business Line of Credit | Visit Business Term Loan | Visit Equipment Financing |
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