Alternatives
Platform funding is convenient when you have an offer. Here is what each one states publicly and when a bank-deposit review is the better match.
✓ Checking what you qualify for does not affect your credit score.
Each page summarizes what a provider states on its own public page on the date shown. We quote the facts, not the marketing. If you have an offer open with a platform, these pages help you ask better questions of it. If you do not, they explain who the platform is built for.
Platform offers are convenient because they use data the platform already holds. The trade-off is that they see only that platform's slice of your business.
A bank-deposit review reads every deposit into the business account, whatever the source: card terminals, marketplaces, invoices, e-transfers and cash. For a business that sells in more than one place, that is the complete picture. It is also why a review does not depend on which processor you happen to use.
How is the amount determined? What total do I repay in dollars? What happens in a slow month? Can I repay early and is there a discount? Is there a personal guarantee? These five questions work for every provider on this list.
Platform offers depend on data from that platform. If your deposits come from several places, a bank-deposit review sees more of the business.
No. They summarize each company's public page as of the date shown.
Educational information only. It is not legal, tax or accounting advice.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
