What Is Merchant Funding?
Comparison Chart: Cash Advance Merchant Funding vs. Traditional Business Loans
|Discount Merchant Funding’s
Business Cash Advance
(Merchant Financing Program)
A 96% approval rate on working capital cash advance requests
Approval on average of 24 – 48 hours once all paperwork is submitted
Funding typically available in 3 days or less
No fixed monthly payment to worry about. We take a % of your future credit card sales until we are paid back. We only get paid when you get paid by your customers. Therefore, if you have a slow month, your payback to us slows down. NO PERSONAL GUARANTEE.
|Business Loan or Restaurant Loan
Reject most small business loans or restaurant loan credit requests
Approval on average 1- 6 months once all paperwork is submitted
Funding typically available in 2 – 6 months
Typically have a fixed monthly payment. Failure to make this payment can result in a default of a bank loan. Payments DO NOT slow down if you have a slow month. Personal Guarantee required.
Learn More About Merchant Funding for Small Business and Restaurants