How is a Cash Advance different from a traditional loan?


A business cash advance has numerous advantages over a traditional bank loan. 

  Business Cash Advance Traditional Bank Loan
Speed
  • Cash Advance has One-page Application
  • Simple approval process
  • Funding usually within 7 days
  • Extensive application forms
  • Long, multi-level approval process
  • Funding could take 1-3 months
Flexibility
  • No fixed monthly payments
  • Business Cash Advance has no collateral
  • No usage restrictions
  • We get paid when you get paid!
  • Fixed monthly payments
  • Collateral (inventory, buildings) almost always required
  • Rigid use of funds
  • If your business gets in trouble, you may end up in default very quickly