| Business Loans | vs. | Merchant Cash Advance |
| Term loan - Fixed Term | Type of Funding | Term is determined based on your credit card sales |
| Term up to 18 months | Terms | 4-8 months (you end up borrowing more often) |
| Fixed Monthly Payment | Payment | 12-50% of credit card sales daily volume |
| 24-48 Hours - Simple App | Approval Process | 7 days a week - Based Credit Card Processing |
| As much as $9,000 per loan | Loan Savings | $0 - plus not tax deductible because it's not a loan |
| No need to switch processor | Switching Processor | YES - Must switch to a designated merchant processor |
| Interest payments are tax deductible | Tax Implications | Discounted advances are not tax-deductible |
| Fixed Daily ACH/Bank Draft | Repayment | Fluctuating percentage of credit card volume intercepted at the merchant processor |
| Reported to business credit | Credit Reporting | Nothing to report just like Grandma's Loan |
| Higher - Based on Bank depostis and credit card sales if available | Approval Amount | Lower - Based only on monthly credit card sales. |
Business Working Capital, Business Loans
Majority of merchants who qualified for merchant cash advance qualifies for small business loan at a much lower rate. Most merchant cash advance lenders will offer merchant cash advance before a business loan because they make the most commission.
Here at Liberty Capital our main goal is to offer the lowest cost of borrowing for our merchants. Small business loan interest payment is 1/3 lower than the typical merchant cash advance. In addition, business loan has longer term and higher approval amount because it's based on overall company gross revenue, not just monthly credit card sales.
Don't pass up unexpected business opportunities just because you lack funding.
Compare Small Business Loans vs. Merchant Cash Advance
- Loans between $5,000 and $500,000 per location
- Minimal paperwork required for approval.
- Decision within two business days, funding within seven.
- Six, 9, 12, 15 and 18 month terms available.
- Opportunity to access larger loans after a successful loan cycle.
- Opportunity to build business credit history.
Compare the Savings!
|
Loan vs Cash Advance |
Business Loans |
Business Cash Advances |
|
Approval |
$20,000 |
$20,000 |
|
Total Repayment |
$24,000 |
$27,600 |
|
Daily Payment |
$186.04 |
$213.95 |
|
Daily Principal Payment |
$155.04 |
Not a loan |
|
Daily Interest Payment |
$31.00 |
Not a loan |
|
Interest Savings |
$3,600 |
$0.00 |
|
Rate Factor |
1.20 |
1.38 |
|
Payback Time |
6 Months |
6 Months |
Use the capital how you see fit!
Unlike merchant cash advance, business loan is based on cash flow both from your business bank deposits and credit card sales. Both your bank statements and, if available, processing statements are viewed to determine your approval amount. Therefore, returning higher approval amount as well longer fixed term than cash advance at a much lower payment.
- Simple One Page Application
- Credit as low as 500
- Renewable for additional Capital
- Great way to build Business Credit
- Enjoy the Tax Benefits
- Enjoy the 'Micro-payment' Flexibility
- Enjoy the longer term
ABOUT SMALL BUSINESS LOAN
Small business working capital loan can provide small business owners the capital the need to generate additional revenue, save on high rate loans or expand operation. Our mission is to bridge the gap between bank loans and alternative financing products. Having access to working capital is proven to create opportunities for small business owners' success. Take the Liberty to apply. Call us today!
Need 'Quick' $25K?
Un-collateralized working capital business loan from $5k to $25k with just one-month bank statements to get approved. No Site Inspection, no switching processors payment taken ACH & cash wired in days.
Need 'Quick' $25K?
Un-collateralized working capital business loan from $5k to $25k with just one-month bank statements to get approved. No Site Inspection, no switching processors payment taken ACH & cash wired in days.
BUSINESS LOANS
Expand your business with an up to $500K Small Business Loan. Revenue Based Loan - Not Against Credit Card Sales. Poor Credit Won't Disqualify.
BUSINESS CASH ADVANCE
Unlike a Business Loan, Business Cash Advance can provide cash, typically for businesses with bad credit, open Bankruptcy and Liens. No personal guarantee.
