Match the loan to the job: urgent and short-term → revenue-based or MCA; recurring → line of credit; long-term asset → equipment or term loan.
Check my optionsFinancing options
The right business loan is the one whose term, cost and payment schedule match the job the money has to do. A loan that is cheap but slow can be wrong, and one that is fast but short can squeeze cash for months.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
A human reads the file, not just an algorithm score.
A person reviews your revenue, time in business and bank activity, often within hours.
You can apply at 500; stronger credit opens more products.
Net cash, total payback and payment shown before you sign.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Begin with the use and its payback period. Real estate and major renovations pay back over years and fit long-term products such as SBA 7(a) or 504 loans and bank term loans. Equipment pays back over its useful life and fits equipment financing, where the machine or vehicle secures the deal. Inventory, payroll gaps and short projects pay back in weeks or months and fit lines of credit or short-term capital.
Next, check your qualification honestly. Banks and SBA lenders usually want strong personal credit, two or more years in business, tax returns, financial statements and sometimes collateral. Online term lenders accept somewhat less, often a year in business and moderate credit. Revenue-based products such as merchant cash advances rely mainly on several months of bank statements and consider credit from 500.
Then compare cost in dollars. Interest rates, factor rates, origination fees and early-payoff terms make offers hard to compare unless you convert them: how much cash you actually receive, how much you repay in total, how large each payment is and how often it comes out. A slightly more expensive offer with a weekly payment can be safer for a business with lumpy deposits than a cheaper daily one.
Finally, think about the next loan. On-time payments, steady deposits and no negative days strengthen your file for larger amounts and lower costs. Many owners start with a faster product and move toward bank or SBA financing as the business matures.
MFE sends one application to multiple funders offering advances, lines of credit and second-position options, so you can see which loan types you qualify for now.
Here is how one short-term offer converts into plain dollars. Illustrative numbers.
| Amount funded | $25,000 |
| Factor rate | 1.45 |
| Total payback (amount × factor) | $36,250 |
| Fees deducted at funding (3%) | $750 |
| Net cash you receive | $24,250 |
| Weekly payment over 52 weeks | $697 |
| Same total as daily debits (~260 business days) | $139/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| SBA 7(a) / 504 | Real estate, expansion, long payback |
| Bank term loan | Established businesses, planned projects |
| Equipment financing | Machinery and vehicles |
| Line of credit | Recurring needs and inventory |
| Merchant cash advance | Fast, short-term needs |
Good fit:
Probably not yet:
Revenue-based products, because they focus on deposits and accept credit from 500.
SBA and bank loans, for borrowers who qualify and can wait for approval.
From one or two business days for revenue-based funding to several weeks or months for SBA loans.
Banks may require it; equipment financing uses the equipment; revenue-based products usually do not require specific collateral.
Yes, if your cash flow supports the combined payments. Funders review all obligations.
Choose the lowest total cost that fits your timeline and payment capacity.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding