Looking for Merchant Cash Advance Alternatives?

You can hunt for the quick and easy financing for your business. Nowadays there are many rising companies which can provide you merchant cash advances for your business. Merchant Case Advances (MCA) can provide a large amount for your business in exchange for a good amount of return cost. MCA is very much expensive in comparison to the other financing options like loans and others. But this is a very fast and quick method to get a large amount to support your business. Sometimes it happens that you need some money very urgently then MCA will help to get money for your business. For example, if you are going to buy a store or a restaurant then you can go for MCA as you need to cash in advance for a short term financing basis.

When you opted for the Merchant Cash Advance or MCA then the value of your repayment will be the proportionate your profitable value. You can pay a weekly or daily basis which depends on your lender till the total amount is paid. The payments can be made through your credit card systems.

There are many MCA providers are available in the markets but must analysis some points to choose them to take fund for your business.

Merchant Cash Advance companies for Some of the points you need to judge before taking fund from any of the MCA companies. Following are some point which may help you to make a decision.

Comparison of the rate: The rates of the merchant cash companies are usually very high. You can compare the different rate of the companies then it is easier for you to get the lowest rate. All the times it is not possible to eliminate all companies with a high rate as at that time the funding is necessary but you can get an idea about the rates. After the survey, you can decide the rate which is suited for you.

Reputations and testimonials: When you have listed the names of the all merchant cash companies then you need to review the companies and their reputations in the market as you are going to do business with them. If you find some of the companies have no good reviews then eliminate those companies from your list and choose the correct one to take fund from them.

Qualifications: You can check the qualifications of the company by checking membership of the industry, experience in the industry and some references.

Verify the contract: You can ask for a copy of the contract in which you need to sign.

Check customer support: The customer support facility may be needed in the future for any finance-related issues. So you need to check the facility after calling their customer care executives to ensure their availability. If you don’t like their way of treating people and their way to maintain the relationship with the client then you can choose the other company.

Some best Merchant Cash Advance alternatives

There are many companies you can find in the industry which are providing merchant cash advance for your small business or business. Here we are providing some details of the companies and some comparison which helps you to choose the best one for you.

BlueVine – BlueVine is a financing solution for small scale businesses. This company has the flexibility to provide the fund value ranging from $5,000 – $5 million and with a rate of 4.8%. The funding process is very fast and it has very clear simple invoicing factors. It will give you a 20%-30% reduction in the rate you can make a long term relationship with them.


  • The application process is very fast.
  • You have to pay for what you have used.
  • The customer support is very good.
  • Applicable for small business.
  • Funding time 2-7 days.


  • It has expensive fees and terms.
  • ACH transfers are free of cost but the wire transfers require a fee.
  • Unavailability of the line of credit in some states.

LoanBuilder– LoanBuilder is a loan provider for small businesses. This is operated by the PayPal service. PayPal, which is a very popular term in the payment industry. Primarily it was under Swift Capital but later on, it goes under the control of PayPal. The financial range they can provide is $5,000 to $500,000 and the maximum term of the loan is 1 year. The minimum loan term is 0.25 years. The interest rate of this company is ranging from 6.49% to 19.31%. The payment terms are 13 to 52 weeks.


  • Very fast for funding.
  • This is valid in all 50 states.
  • Borrowers have fair credit facility.


  • The cost is low than the other.
  • Customer service is not so good.
  • Terms and services are not very clear.

Fundbox– Funbox is a toolbox for the small business and this is designed by the group of a financial professional who wants to help the small businessman to grow their business more potentially and independently. The maximum credit limit of this company is $100,000. The fee for each week is $3.88. The repayment period of the credit is 12 to 24 weeks.


  • The customer support is good.
  • A credit score is no required.
  • The application process is very short.


  • Not suited for a large business.
  • Terms and fees are relatively high.

Square Capital– The Square Capital loan advisor is very helpful to those businesses who already have a relationship with the company through the Square credit card processor. This makes your loan to approve very easily. Square Capital offers loan to the merchant who has the history to work with them previously. Square Capital offers the loan credit of $500 to $100,000. The maximum loan term is 1.5 years.


  • The rate and free are low.
  • No additional charges are required.
  • A credit score is not required.
  • Fast application process.


  • Restricted to Square customers.
  • Customer support is poor.

PayPal Working Capital-This is the financing company of PayPal Inc. The rate of the PayPal working capital is 36% -120% APR. The loan amount of this company is Up to $125,000. The repayment of the amount will be done by the deduction of the amount from the PayPal account within 9 to 12 months.


  • No origination fee is required.
  • The support material is very good.
  • A credit score is not required.
  • The application process is very easy.


  • The service is available to only PayPal Seller.
  • Rate is very high.

Credible– This is not a direct lender but it is a market place. This is also called the Credible Student Loan Refinancing. The minimum amount of the loan is $5,000 and the staring APR is 2.8%. The interest rate will vary from time to time. The minimum loan duration is 5 years and the maximum duration is 20 years.


  • Low monthly payment.
  • Flexible repayment terms.


  • Need to pay in long term basis.
  • You may miss federal benefits.

Camino Financial– This is one of the best short term loan products. If you choose this product then you are in the right direction. The monthly interest rate is 1% to 2.5% and the duration of the repayment period is 24 to 60 months. The limit of the loan amount is $5,000 –$30,000.


  • It requires 600 FICO scores.
  • You should be in 9 months in business.
  • Especially gives loan to small companies.
  • Very nice team to work with.


  • Interest rate is very high.
  • This is not suitable for new business.

Kabbage– Kabbage is the right funding options for those who opted for the monthly repayments, not for the weekly repayments. The company offers the loan amount up to $250,000. The interest rate of the Kabbage is 1.5% to 10% for the first 2-6 months repayments and then the rate will fall to 1.25% in remaining payments. The duration of the repayment of the loan is 6, 12 or 18 months.


  • This is very helpful to those who have low personal credit.
  • Cash can be accessed very easily.


  • High rates.
  • The fee structure is very complicated.

AmOne– AmOne is the service which connects the borrowers to the lender to take the loan. This saves the time of the borrower to the right lender to take a loan for their business. They can provide personal loan, business loan, credit cards, and debt consolidation. The limit of the loan amount is $1,000 – $100,000. The repayment terms and the APR depend on the lender.


  • A very simple form to submit the information.


  • AmOne- does not provide the information like terms, rates, and fees which will be supplied by the lenders directly.

Lendingtree LendingTree is an online fund marketplace but this is not a direct lender. LendingTree gives different types of loans like auto loans, business loan, and personal loan and many more. By this company, customer gets the facility to a mortgage. The minimum amount for the payment is 3.5%. If you want to take a loan from LendingTree then you need to have a credit score of 620.

LendingClub– LendingClub is popular for online personal loan. The limit of the loan amount is $1,000 – $40,000 and the APR is 6.95% – 35.89%. The repayment policy of this company is monthly and the period is 3-5 years. You should have a 600 credit score to apply for the fund or loan. Merchant Cash Advances are the quick, short and very easy mode of the financing options for the small scale of businesses as this can provide working capital but merchant cash advances are very expensive and can be used as a last option to get money. However, you can believe in reputed merchant cash providers to take financial help for your business.