Transparency

Compare business loans side by side

Most brokers won't publish this. Here are the real ranges — cost, term, and the revenue, credit, and time-in-business bars each product actually requires.

Pick up to three

Feature	Business Line of Credit	Working Capital Loans	Merchant Cash Advance
Funding range	$10K – $5M	$25K – $2M	$5K – $2M
Typical cost	8% – 30% APR	12% – 45% APR	1.15 – 1.45 factor
How cost works	Interest on the drawn balance only	Fixed daily, weekly, or monthly payment	Flat fee, not interest — no early-payoff savings unless discounted
Term	6 – 36 months per draw	3 – 24 months	3 – 18 months
Min. time in business	6 months	12 months	6 months
Min. monthly revenue	$15K/mo	$20K/mo	$15K/mo
Min. credit	600+	600+	500+
Speed to funding	24 – 48 hours	24 – 48 hours	Same day – 24 hours
Collateral	Usually unsecured; blanket lien common	Unsecured with personal guarantee	Future receivables

Every product, every requirement

Published ranges, not offers. Your actual pricing depends on deposit consistency, industry, existing obligations, and customer concentration.

Typical qualification requirements and costs by business financing product
Product	Funding range	Typical cost	Term	Min. time in business	Min. monthly revenue	Min. credit	Speed	Collateral
Business Line of Credit	$10K – $5M	8% – 30% APR Interest on the drawn balance only	6 – 36 months per draw	6 months	$15K/mo	600+	24 – 48 hours	Usually unsecured; blanket lien common
SBA Loans	$50K – $5M	Prime + 2.75% – 4.75% Lowest cost capital available	10 – 25 years	24 months	$25K/mo	660+	30 – 90 days	Collateral + personal guarantee
Equipment Financing	$10K – $5M	6% – 25% APR Rate scales with credit and equipment age	24 – 84 months	6 months	$10K/mo	600+	24 – 72 hours	The equipment secures the loan
Working Capital Loans	$25K – $2M	12% – 45% APR Fixed daily, weekly, or monthly payment	3 – 24 months	12 months	$20K/mo	600+	24 – 48 hours	Unsecured with personal guarantee
Merchant Cash Advance	$5K – $2M	1.15 – 1.45 factor Flat fee, not interest — no early-payoff savings unless discounted	3 – 18 months	6 months	$15K/mo	500+	Same day – 24 hours	Future receivables
Invoice Factoring	$10K – $10M	1% – 4% per 30 days Advance of 80% – 90% of invoice face value	Revolving, per invoice	3 months	$10K/mo invoiced	No minimum	24 – 72 hours	The receivables themselves
Commercial Real Estate Loans	$100K – $25M	6.5% – 12% APR Fixed and floating structures available	5 – 30 years	24 months	Property-dependent	660+	30 – 60 days	The property
0% Business Credit Cards	Up to $150K combined	0% intro, then 18% – 29% 0% for the first 12 – 18 months	Revolving	No minimum	No minimum	680+	1 – 2 weeks	Unsecured
Startup & New Business Funding	$5K – $250K	Varies by program From 0% intro APR cards to 1.25 – 1.49 factor advances	3 – 60 months	6 months	$8K/mo	500+	24 – 72 hours	Varies by program

See what I qualify for Estimate my payment

Comparison questions

Which business loan is cheapest?

SBA loans carry the lowest cost of any small business financing, typically Prime plus 2.75%–4.75%, followed by equipment financing and bank lines of credit. Merchant cash advances are the most expensive but also the fastest and easiest to qualify for.

What's the difference between APR and a factor rate?

APR expresses cost as an annualized percentage and shrinks if you repay early. A factor rate is a flat multiplier applied up front — a 1.30 factor on $100,000 means $130,000 back regardless of how quickly you pay, unless the contract includes a prepayment discount.

Which product funds the fastest?

Merchant cash advances can fund the same day. Lines of credit, working capital loans, equipment financing, and invoice factoring typically fund in 24–72 hours. SBA and commercial real estate take 30–90 days.

Can I qualify with bad credit?

Yes. Invoice factoring has no personal credit minimum because it underwrites your customers. Merchant cash advances and startup programs commonly approve in the 500s. Equipment financing is secured by the asset, which also widens the credit box.