Not sure which loan is right for you? Use our comparison table to weigh business loans,
small business loans, and unsecured options side by side.
| Unsecured Business loans | Secured Business Loans | Merchant Cash Advance | Invoice Finance | Business Line of Credit | Business Equipment Finance | |
|---|---|---|---|---|---|---|
| For when | You need fast access to cash in order to meet short-term obligations, like operational or unexpected expenses. | You want a larger loan with a longer term, and have property to use as security. | You can access funding that scales with your daily card sales. | You want invoice finance when you need growth without waiting on slow-paying customers. | You want the flexibility of having access to varying amounts of cash at different points in time. | You need it to stay competitive and meet client demands. |
| Amount | $5K to $750K |
$30K to $5M |
$5K to $5M |
$5K to $5M |
$5K to $750K |
$5K to $5M |
| Get funds in | Same day | Within 24 hours | Within 24 hours | Within 24 hours | Ongoing access | Within 24 hours |
| Term | 3 - 12 months | 3 to 12 months | 3- 12 month | 3-12 months | 3 - 12 months | 3- 12 months |
| Key benefits | Get funds fast, with cash flow-friendly repayments. | Competitive rates and longer terms are available. | Get fast access to working capital with flexible repayment tied to sales. | Large discounts compared with Secured Business Loans. | Only pay for what you draw on. Funds available whenever you need them. | Stay competitive by upgrading equipment when you need it. |
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