Traditional bank loans weren't designed for merchants. See how a merchant cash advance stacks up.
| Feature | Merchant Cash Advance | Bank Loan |
|---|---|---|
| Fixed monthly repayments | No | Yes |
| Repayments flex with your sales | Yes | No |
| Personal guarantee required | No | Yes |
| Approval within 24 hours | Yes | No |
| Funded within 48 hours | Yes | No |
| One fixed cost — no extras | Yes | No |
| Soft credit check only | Yes | No |