Compare
Both put a lump sum in your account.
✓ Checking what you qualify for does not affect your credit score.
At Merchant Fund Express, we compare structures on total dollars repaid and the rhythm of payments, and we publish our own terms so you can do the same.
Both put a lump sum in your account. The difference is what you repay it against: a share of sales for an advance, or a fixed weekly schedule for a term loan. That one choice changes the cost measure, the payment rhythm and who is eligible.
| Merchant cash advance | Business term loan | |
|---|---|---|
| What you repay | A fixed amount of future receivables (factor rate) | Principal plus interest on a fixed schedule |
| Payments | Daily or weekly; can follow sales | Weekly, fixed |
| Cost measure | Factor rate, e.g. 1.25–1.40, paid back in total dollars | Interest, 0% origination on ours, 50% off remaining interest for a full early payoff |
| Amounts (published) | $25,000 to $5,000,000 | $10,000 to $250,000, capped at 15% of annual revenue |
| Position | First or second | First position only |
| Speed | Same-day decision, next-day funding | Same-day decision, next-day funding |
| Best for | Speed, uneven revenue, files that miss bank-style tiers | A defined project and a predictable payment |
A $50,000 request, illustrative arithmetic only: These are illustrative figures to show the arithmetic, not an offer; your offer shows the amount, schedule and total cost before you sign.
| Item | Figure |
|---|---|
| Advance at an example 1.30 factor: total payback | $65,000 |
| Advance: cost of the money | $15,000 |
| Term loan: principal alone over 52 weeks | $962 a week, plus interest in your offer |
Compare any offer on total dollars repaid and the rhythm of payments, not on a single rate. Use the factor-rate calculator and how much can I borrow to test your numbers. The minimum FICO is 500, and the better your credit, the better your offer.
Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.
Compare total dollars repaid over the same period, not the rate. A term loan is often less expensive in dollars if the file qualifies; an advance can be the only option, or the faster one, when it does not. Merchant Fund Express shows the exact amount, schedule and total cost in your offer before you sign.
Yes, if the combined payments fit your revenue. A term loan has to be in first position, so an open advance may mean a line of credit or a refinance instead. Merchant Fund Express publishes its terms and thresholds before you apply.
Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.
