Compare business funding options by purpose, payment structure, and qualification requirements.
The requirements below are starting screening criteria. Final approval, available products, pricing, and funding timelines depend on underwriting and verification.
A merchant cash advance provides your business with a lump sum of capital in exchange for a percentage of future sales. It's one of the fastest and most flexible funding options available, ideal for businesses that need quick access to working capital without the restrictions of traditional lending.
Decisions in as little as 4 hours
Competitive terms for partners
Minimal documentation needed
A revolving business line of credit provides you with ongoing access to funds — allowing you to draw from a fixed amount of capital when you need to, and only pay interest for the amount that you use. The flexibility of a credit line helps business owners manage cash-flow gaps during slower seasons or handle unexpected expenses.
Equipment financing allows you to purchase or lease the business equipment you need while preserving your working capital. The equipment itself serves as collateral, which can make it easier to qualify and keep upfront costs low.
Flex Funding describes a sales-based funding structure. Collection methods and any adjustment or reconciliation process depend on the agreement. Review how revenue is measured, when payments are collected, and how to request an adjustment before accepting an offer.
Payments flex with your daily or weekly sales
Collection and adjustment terms depend on the agreement
Decisions in as little as 4 hours
Use this overview to narrow your questions, then review product-specific terms. Availability and final approval depend on underwriting.
| Option | Common purpose | What to review |
|---|---|---|
| Merchant cash advance | Short-term working capital tied to business sales | Net proceeds, total remittance, collection method, and reconciliation terms |
| Business line of credit | Recurring or variable working-capital needs | Draw availability, interest, fees, repayment schedule, and renewal terms |
| Equipment financing | A specific equipment purchase or lease | Down payment, equipment security, term, and ownership or lease-end conditions |
| Business term loan | A defined investment funded with a lump sum | Payment schedule, total cost, term, and early-payment conditions |
A merchant cash advance exchanges upfront funding for contracted future-sales remittances. A factor rate may be used to calculate the total purchased amount; it is not an annual interest rate. In an illustrative example, $50,000 multiplied by 1.30 equals $65,000 before other fees or adjustments. Origination or processing charges, if applicable, may reduce the cash actually received. Your written offer controls the actual figures.
A business loan generally creates a principal-and-interest repayment obligation, while an MCA is structured around future sales. The agreement and applicable law determine the transaction's treatment. Compare total cost and payment obligations instead of choosing only by speed or a product name.
See the submission guidelines, start an application, or contact our team.
The expected completion date depends on the remittance structure, sales assumptions, and terms. A sales-based estimate can change when sales change. Review the offer for any estimated duration, contractual obligations, and reconciliation process.
The terms are sometimes used interchangeably in marketing. Confirm the actual product, collection method, cost, and agreement rather than assuming the name establishes the terms.
You may ask the provider to review a new request or renewal. Current revenue, payment history, existing balances, program rules, and underwriting determine availability. Further funding is not automatic.
Compare your purpose, expected cash flow, costs, and available offers. An MCA provides upfront funding against future sales; a line of credit offers draws within an approved revolving limit. Review the agreement for payment frequency, fees, and security obligations.
Logic Advance uses $25,000 in monthly revenue as a starting requirement. Other eligibility criteria differ by product, and meeting the minimum does not guarantee approval.
Start with a signed application and four recent complete business bank statements. Have identification and business account verification available when requested. Equipment requests may also require an equipment quote; additional documents depend on the product and review.
No. They are starting screening criteria. Underwriting, business history, credit, location, industry, and existing obligations can affect availability, amount, pricing, and terms.
Compare net funds received, total cost, fees, payment frequency, duration, and early-payment treatment. Review required disclosures and any liens or guarantees. A factor rate is not the same as APR.
Do not assume that they do. Some arrangements use sales splits, while others use scheduled debits and an agreement-specific reconciliation process. Confirm the mechanism and steps required to request an adjustment.
Timing depends on the program, a complete file, underwriting, final verification, signed documents, and bank processing. Confirm the expected schedule for your offer before committing to an expense.