Small Business loans
The inflation and unstable market dynamics make it considerably harder for business owners in the USA to obtain business financing. The Bank’s loan approval rate is at a record low, and most alternative lenders lack the technology to facilitate online small business loans. Check if you can get up to $1M now.

$100M+
LOANS FUNDED
25,000+
SATISFIED CLIENTS
8+
YEARS IN BUSINESS
How Does Business Funding Work?
We help small business owners from every industry, including high-risk, to find an alternative funding solution from $5000 to $1,000,000. We keep it simple, online and without the heaps of paperwork required by the banks.

Fill out our online application.
- Answer a few questions
- Upload three month’s bank statements
- Perfect credit is not required

Prequalify online, then get approved.
- Get instant pre-qualification
- A funding specialist will contact you
- Realistic expectations set

Get your capital.
- Choose your amount (up to 200% of monthly gross)
- Money is deposited in 1-3 days
- Put your funding to work for your business

Make simple payments.
- Choose daily, weekly or monthly payments
- Never miss a payment with auto pay
- We are here to help.

Made For You, No Matter What Your Size
Whether you’re a small business, online platform, Construction business or restaurant, we offer diverse funding solutions to help your business grow.

ALL Small Businesses
Get $5000-$1,000,000 without the heaps of paperwork required by the bank. Use our secured application form to apply online safely and get your business the capital it needs.

eCommerce Loans
US eCommerce businesses are thriving. However, online customer acquisition costs are high. We help eCommerce companies every day.

Construction Business Loans
Construction projects take time, and many construction companies struggle to keep up with expenses until they get paid. We can help.

Restaurant Financing
We fund restaurants daily and help restaurant businesses get cheaper credit card processing.
Most Popular Business Financing Options Available In Unstable Markets
Business owners use our commercial funding in different ways and according to their specific business needs. Around 34% use the fund for business expansion or acquisition. Over 27% use the money for equipment financing, and 18% use it as working capital. Obviously, some business owners need capital for business disaster recovery. Our team will work with you to create the right financial instrument upon submitting your application. The process is quick and suitable for people with bad credit also. All our business loans are unsecured and are available for a short term. We can even do same-day funding if you provide all the required information on the application. We appreciate your trust and always aspire to deliver the most suitable business financial product in the USA.
We offer 19 different type of small business loans to help you get the financing that you need. We have a variety of loan programs available for your business including:

Secured Business Loans
Get a loan that is secured by your choice of collateral to expand your business.

Working Capital Loans
Get a working capital loan if you need help to finance day-to-day business operations

Equipment Financing
Equipment financing can help you equip your business, improve efficiency, and take advantage of new technologies.

Business Expansion Loans
mCashAdvance™ business expansion loans provide your company with the funds it needs to expand.

Business Acquisition Loans
Fund the purchase of a new business to help grow your existing one with business acquisition financing at mCashAdvance™.

Bad Credit Financing
MCashAdvance™ is able to provide you with financing for your business regardless of the credit history you have.

Invoice Financing
Borrow money to fund the growth of your business based on the value of your unpaid invoices

Debt Settlement Loans
If you need to consolidate business debt or pay a specific debt, mCashAdvance™ offers debt settlement financing.

Short Term Business Loans
If you need funds fast to capitalize on a business opportunity or fix a cash flow issue, then mCashadvance™ financing is for you.

Inventory Loans
A mCashAdvance™ inventory loan is a smart option if you want to purchase inventory for your business but do not have the funds to do so.

Bridge Loans
Make certain your business does not run out of cash with a mCashAdvance™ bridging loan until your business can secure more permanent financing.

Micro Business Financing
For micro businesses that need less than $50,000, mCashAdvance™ micro business financing is available.

Purchase Order Financing
Borrow against purchase orders you haven’t yet delivered or invoiced to your customers.

Sole Proprietor Loans
Banks traditionally view sole proprietorships as high-risk. MCashAdvance™ offers business loans for hard-working solo entrepreneurs.

Business Disaster Loans
If disaster strikes in your business and you need urgent cash to repairs done or fix the problem, mCashAdvance™ can help.
Small Business Loans Explained
Overview
Small business loans are unsecured, short-term loans designed to help small businesses meet their immediate cash demands. Most lenders loan amounts less than $100,000, but at mCashAdvance™ we can lend you up to $900,000 depending on your industry.

Lender Types
There are two main types of lenders: traditional lenders and alternative lenders. Financial institutions such as banks and credit unions are traditional lenders. Online lenders, microlenders, and peer-to-peer lending platforms are examples of alternative lenders. Both types of lenders charge different interest rates and have different lending criteria.
While traditional lenders typically charge interest rates between 3 and 7%, alternative lenders Charge between 5 and 30%. Traditional lenders, however, are much more difficult to obtain a loan from. When applying for a loan, you should determine which type of lender is likely to be most favorable to you based on your business circumstances.
Alternative Lenders
- peer-to-peer lenders
- online lenders
- Bad credit lenders
- payday lenders
- Friends and Family

Traditional Lenders
- Banks
- Commercial mortgage companies
- Savings banks
- Credit unions
- Government SBA Approved lenders


Common Uses
The most common use of a small business loan from a traditional lender such as a bank is for business expansion or growth. If you are borrowing from an alternative lender, you may use the funds for anything you wish, such as paying your payroll, paying your bills, or purchasing new equipment. These are some of the more common uses of the funds:
- Business Equipment purchases
- Land purchase for commercial purposes
- Commercial real estate purchase
- The purchase of inventory
- Investing in office renovations
Benefits
Small business loans offer a number of benefits to a company, including:
- A business loan facilitates growth
- The interest rate on a business loan is usually lower than the interest rate on a business credit card.
- A loan provides funds to your business in times of need so that you don’t have to invest your own personal funds
- Over time, you can pay back the loan in installments so its not a shock to your businesses cashflow
- Repaying a loan in full will improve your credit score, which will make it easier for you to obtain future funding


Drawbacks
A small business loan may have some disadvantages, including:
- Banks and traditional lenders can take weeks or months to approve a loan
- Due to your business’ current circumstances, some lenders charge higher interest rates
- Unlike mCashAdvanceTM, traditional lenders require collateral
- It is difficult to get approved by a traditional lender without a credit history
- An application fee can be charged by a loan broker
- It is very difficult to get a business loan for a startup business
Considerations
There are some things to consider before applying for one. These factors will determine whether or not you qualify for a small business line of credit.
- Your personal credit score
- The amount of money you wish to borrow
- What is your plan for using the funds
- What business collateral can you provide to as security
You should carefully consider the above points. They will determine how much you are able to borrow, what type of lender to approach, and what interest rate you will be charged.


Requirements
The minimum lending requirements of most traditional lenders are rigid. They require business bank statements for the past six months to qualify. Traditional lenders require a minimum credit score of 600. On top of that, these types of lenders also look for collateral to act as security against a loan.
MCashAdvanceTM provides flexible minimum lending criteria for small businesses who may not meet traditional rigid lending requirements.
To secure a mCashAdvance™ loan business owners:
- Should be at least 18 years old
- Should be a citizen of the United States
- Should own a U.S. business
- Should provide only 3 months of financial statements
- Do not have to put up any collateral as security
- Do not need a minimum credit score of 600
- Do not need to have a flawless credit history
Repayment Terms
Depending on the type of loan you apply for, the repayment terms of a small business loan vary. When choosing a lender you should always ask a lender the these questions about their repayment terms.
- If you repay the loan early, does the lender charge a prepayment penalty?
- Is it possible to pay off the entire amount in one lump sum if the lender allows it?
- If you fail to make repayments on time, will the lender charge you late fees?

Small Business Loan FAQ’s
SBA loans are government-backed loans provided by commercial lenders that adhere to SBA guidelines. The SBA is a federal government agency that provides financial and other assistance to small businesses. The SBA isn’t a lender, but it does guarantee loans made by approved lenders such as Bank of America. Some of the benefits of SBA guaranteed loans include:
Reduced lenders’ risks making it easier for small businesses to acquire financing
Increased small business lending capabilities
Help expand small business economic operations
SBA guarantees these loans with its own funds, so the lender can offer lower interest rates to small business owners who have applied for an SBA loan. There are several different types of SBA loans, including disaster relief, economic injury disaster, and 7(a) business loans.
Small businesses seek financing for several reasons, including opening a business, purchasing inventory or supplies, strengthening the firm, or expanding the company. Small business financing can also be used to refinance debt, buy a business or franchise, or expand an existing business. A firm chooses a financing method depending on the intended purpose.
Almost every for-profit industry is eligible for small business financing. Only firms promoting religion, providing crude sexual products, restricting patronage, passive firms, and illegal activities such as pyramid schemes and gambling are ineligible for small business financing.
Business collateral is anything of value that you can use as security for a business loan. This includes real estate, machinery and equipment, inventory, accounts receivable, and other assets.
When lenders lend you money, they assume financial risk. To mitigate the risk, the creditor requires business collateral to secure the loan. If you fail to repay the loan, the lender can seize the collateral to cover the cost of the debt. The collateral pledged must be worth more than the requested loan amount.
Credit capacity refers to your small business’s ability to repay a loan. A lender considers several factors, including your business’s financial statements and credit history. Your small business should have sufficient cash flow to repay debt, manage operating expenses, and maintain a reserve fund. The business’s credit history indicates your reliability to make timely payments.
How much collateral is needed for a business loan will vary depending on the lender. Collateral is a valuable asset pledged by the borrower to secure repayment of a loan. If you fail to repay the loan, the creditor can seize your collateral.
Typically, many lenders will require tangible assets to secure the loan. These assets have physical value, such as equipment, inventory, accounts receivable, and real estate. The collateral value must be greater than the amount of the requested loan.
For instance, creditors must obtain collateral equal to the loan amount for standard SBA 7(a) loans more than $350,000. Lenders must follow established collateral policies for SBA 7(a) loans between $25,000 to $350,000. The lender must hold a lien on all business assets, including real estate, and take a first lien on business assets financed with loan proceeds. SBA 7(a) loans below $25,000 require no collateral.
Small business loans can come with both fixed and variable rates. It depends on the loan type and its repayment period. The main difference between the two is whether the interest rate remains static for the life of the loan or if it changes.
For a fixed rate, the lender determines a rate before giving you a loan. The rate will remain the same from the first day of the loan to the last monthly payment. A fixed rate is mainly used for long-term loans with a more considerable loan amount.
On the other hand, a variable rate may change every time the base interest rate shifts. While it can benefit the borrower, it also poses a greater risk in a weak economy. Moreover, since variable-rate small business loans are unpredictable and harder to plan for, they carry more competitive terms than fixed-rate loans.
Getting a business loan depends on the lender and your credit score. When applying for a loan, eligibility is based on the type of loan you want and your credit, as well as the business’s debt-to-income ratio.
Substantial business revenue, good credit history, and high net worth can help you get financing easily. When applying for a business loan, ensure you choose a loan that meets your business’s financial needs, has affordable rates, and has a good repayment term.
A 504 loan is a 10% down, fixed-rate, long-term loan used to finance major fixed assets that promote business growth and expansion. These assets could be real estate, business equipment, or various other things. The 504 loan is one of the best financing options for small business owners since it’s SBA-backed, fixed cost, and is long-term.
It provides a variety of benefits compared to other bank loans, such as lower interest rates, fees, longer repayment terms, and no down payment. Currently, the maximum loan amount is $5.5 million.
However, to qualify for a 504 loan, you must operate as a for-profit company in the U.S with a tangible net worth of less than $15 million and an average net income of less than $5 million after federal income taxes two years before your loan application.
The C’s of credit is a term used to describe five essential factors lenders consider when approving an applicant for a loan. The five C’s are character, capacity, capital, collateral, and conditions. Each factor is important in lending decisions as it helps assess the business’s ability to repay the loan.
Character – A lender wants to know the borrower and guarantors are honest and reliable. The lender also wants to be confident that you have the background, education, business knowledge, and experience necessary for running a business successfully. Therefore, the lender will examine your credit score, credit history, and creditworthiness. Studies show that the way you handle personal credit is a good indicator of how you will manage business credit.
Capacity – This refers to the ability of your business to repay the loan. The company should have adequate cash flow to cover its expenses and debts while also having enough free cash to repay the loan. Ensure your business plan details ways to repay any loans you borrow. Most lenders assess the business’s revenue, cash flow, credit profile, expenses, and repayment timing. They will also look at your personal and business credit scores to determine your overall creditworthiness.
Capital – Lenders want to know that you have invested in your business and have some “skin in the game.” This is a good indication of how serious you are about your business. In most cases, it’s impossible to finance 100% of your acquisition or startup costs, so to access a loan, you will need to invest in your business first. You can get this money from deposits or other sources.
Collateral – When evaluating a small business loan application, a lender will look to see if the business has assets it can use as collateral. This is a way to ensure that the lender will recoup their losses should the business default on its loan. The lender looks for collateral with a market value greater than the loan amount, which can easily be sold in the event of a default.
Conditions – A lender will look for signs that indicate how stable your business operations are, such as your track record of operating your business, management skills, and the stability of your principal owners. Ensure you understand the local, regional, and national economic conditions that could impact your business. The lender will also want to know how competitive the market is for your product or service, what the business’s price structure is, and how your business will handle changes in demand.
Equity and debt financing are two of the main ways of financing a startup or expanding your business. However, there are some significant differences between equity and debt financing. Debt financing means borrowing money from a lender and repaying it over time with interest.
Equity financing involves selling shares of your company to an investor in exchange for money. Under equity financing, you have no obligation to repay the investor, but the investor will become a part of your company and have a say in its operations.
You will likely need collateral for debt financing such as real estate, insurance policies, accounts receivable, or equipment to secure the loan. Still, you won’t give up control of your business. The collateral will serve as a payment if you default on loan repayment.
Equity financing is harder to acquire for most businesses. It typically requires an attractive company valuation, and a strong business plan.
An installment loan is paid off in equal monthly installments over a set period. In contrast, a revolving loan is a type of credit that allows you to borrow again after repaying your previous loan. The interest is charged on the outstanding balance, so you only pay interest on the amount you borrow.
A personal loan is an installment loan that requires you to make equal monthly payments over a set period. Late payments will negatively affect your credit score. In addition, you repay a portion of the principal loan amount and the interest charged on the outstanding balance for each installment.
A payday loan is neither an installment nor a revolving loan. Instead, payday loans are short-term loans that must be repaid in a single lump sum on your next payday, along with the fees and interest. If you can’t repay the loan on time, you’ll likely have to roll over the loan, meaning you’ll have to pay additional fees and interest.
In most cases, a payday loan is only enough to help you cover your expenses until your next paycheck arrives, but it doesn’t help you develop a personal or business credit score, nor can it be used as a long-term source of financing.
If you cannot pay back a business loan, the lender has several options. The lender can declare the loan in default and take possession of the collateral you used to secure the loan. They can also sue you for the debt, which could lead to wage garnishment or seizure of assets.
The lender might also start a collections process, which could damage your credit score and create other financial problems. So before making a business loan request, be sure you understand the potential consequences of defaulting on the loan.
There are several types of business loans that you can apply for when seeking financing. They depend on the type of business financing you want and your business needs. They also have different loan terms. Common business loans include:
SBA Loans
The Small Business Administration (SBA) guarantees loans offered by SBA adhering lenders to fund small businesses. You can access up to $5 million from an SBA preferred lender, and the repayment term will depend on the loan purpose. SBA repayment terms range from seven years for working capital to ten years for purchasing equipment and twenty-five years for buying real estate.
Personal Loans
A personal loan is an excellent financing option for startup capital. However, their loan approval is mainly based on your personal credit report since you need good credit and excellent credit history to qualify for this kind of loan.
Term Loan
Under a term loan, you get a lump sum of money and agree to pay it back with interest over a fixed period, typically three to five years. You can access as much as $500,000 to $1 million from most online lenders.
Line of Credit
A line of credit allows you to access funds up to your credit limit. Unlike a term loan, you only pay interest on the money you have drawn. It’s ideal if your cash flow fluctuates throughout the year, depending on sales or production.
Equipment Loans
As the name suggests, this type of loan helps you purchase business equipment. Its repayment term depends on the equipment’s expected life span, and the equipment will serve as collateral if you default on the loan.
Merchant Cash Advances
A finance company gives you a lump sum to finance your business startup. You then make payments on a merchant cash advance by either withholding a percentage of your credit card sales or giving the finance company a fixed rate of your daily bank deposits.
Business Credit Cards
A business credit card is similar to a personal credit card, except it is specifically for business use. It allows you to borrow money when you need it as long as you make the minimum monthly repayments and stay below your credit limit. Business credit cards are used to finance ongoing business expenses such as office supplies, utilities, and travel.
Invoice Financing
This financing option lets you borrow against the money your customers owe you. As a result, you can get a quick infusion of cash to improve business cash flow, purchase inventory, pay employees, and reinvest in business operations. In addition, it saves you the time you would have to wait for your customers to settle their invoices in full.
A business loan provides you access to the funds you need to start or grow your business. You can use a business loan for various purposes, including:
Purchasing new equipment
Inventory for your business
Advertising, marketing, and business promotions
Debt refinancing
Expansion or renovation of an existing business
Meeting payroll and other expenses
Training employees
Complying with government regulations
Covering additional business startup costs
Funding a business acquisition
Cash flow refers to the amount of money flowing in and out of your business. It’s necessary for ongoing business operations, growth, and debt repayment. In addition, you need sufficient cash flow to support daily expenses, such as rent, payroll, and inventory.
New small businesses may have difficulty generating cash flow in the early stages of operation. This is mainly due to the gap between the time of investment and return (the gap between revenues and expenses). The lack of sufficient cash flow can lead to some financial problems for a small business owner, including:
Falling behind on bills
Not being able to pay employees
Having to borrow money to cover expenses
Going out of business
Does Your Business Need Funding Today?
There’s no fee or obligation, and it won’t impact your credit.
$5,000 – $1,000,000
Talk to a rep at (855) 433-8641
Mon – Fri | 9:00am – 8:00pm