Top 10 Best Merchant Cash Advance Companies

Unable to get approved for traditional financing, or unwilling to deal with the hassles of a long approval process, stacks of paperwork, guarantees and collateral, and fixed monthly payments, many business owners are turning to merchant cash advance loans as a means of raising capital for their company.

A merchant cash advance loan works by paying business owners in advance for a percentage of future sales. The advance is then paid back over time in the form of a small, fixed percentage of the business's credit card transactions, so the repayment is more flexible and based on cash flow.

Merchant advances help business owners get the cash they need for equipment, services, inventory, settling past debts, and just about anything else they need to grow their business. These are the top 10 best resources for getting a merchant cash advance for your business needs.

The Top Ten

  1. Snap Advances

    Snap Advances is a financial services company that provides working capital solutions to small and medium-sized businesses. Offering merchant cash advances, the company focuses on providing fast, flexible funding options. Snap Advances aims to help businesses grow by offering accessible capital solutions... read more

    I've worked with Snap Advances a few times over the past five years. They are a great company to work with. They are honest, friendly, and seem to really care about your business. They are upfront about their rates and get your money to you fast.

    Visit Website Get a Free Quote Call: 877-557-7627

  2. AdvantEdge Corp

    So after getting bombarded with about 10 calls a day or more, and telling everyone that I am not interested and to stop calling, a call from Nate really stuck out. He apologized right away for interrupting my day and went on to explain that he does not only provide merchant cash advances (which I already had), but that they also provide clients like myself with SBA loans as well as term loans.

    After completing an application over the phone and answering some brief questions, I was deemed pre-approved for the term loan program that had a rate of 9.49% over a 5-year term. They also consolidated two of my daily advances, which took away about $12,000 a month and really helped my cash flow.

    Thank you so much, Nate and team! You really helped us kick off the new year!

    Visit Website

  3. United Capital Source

    We're proud to have provided more than $500 million in small business loans to thousands of businesses from a wide range of industries. As banks continue to make it hard for small businesses to source business funding quickly, we continue to provide the cash small business owners need to operate their... read more

    Visit Website

  4. Rapid Finance

    RapidAdvance is a technology-powered financial services company that provides working capital to small and mid-sized businesses in the United States. The company offers a range of financing options, including merchant cash advances, lines of credit, and small business loans. Now operating under the name... read more

    Rapid Advance is a leader in the alternative financing industry and has the working capital and proven track record to help your business grow.

    Excellent company. Easy to work with.

  5. Kapitus

    Clearly the best option for us. Fast, flexible, good terms, excellent customer service.

    Solid team, great rates, best customer service in the industry!

  6. OnDeck

  7. Fora Financial

    The people at Fora are great. From customer service to sales to underwriting, it's been a seamless experience for me, and I could not recommend them enough.

    Worked great for my pizza shop. It was a really easy way to get the money I needed to update some equipment.

  8. Advance Funds Network

    Very easy to work with. They explained the lending process and walked me through the details. The whole experience allowed me to keep my focus on my business where it's most needed. Thanks for all the help.

    The friendly staff was with me every step of the way, from my first call. They were knowledgeable and clearly understood my needs. Advance Funds is upfront and trustworthy.

    These guys just seem to really care about small business owners. What they said they would do was done in a timely and professional manner. I would highly recommend them!

  9. GoKapital

  10. Credibly

    Retail Capital knows that they make the most money when the small business owners they fund are happy. They're very helpful to entrepreneurs like us!

    Retail Capital knows that they make the most money by truly helping small business owners.

    11. The Newcomers
  11. ?

    CMS Funding

  12. ?

    One Park Financial

    One Park Financial is a business funding marketplace that has been in operation since 2010. It has partnered with over 20 top funders across the nation to help owners of small to mid-size businesses access funds to meet their business goals as quickly and as easily as possible. In particular, One Park Financial focuses on serving business owners who might not easily qualify for a traditional business loan.

    Nearly all businesses, even those with a less-than-perfect credit history, can be pre-approved within minutes. After accepting an offer, they receive funds within days.

    Min funding Amount: $5,000

    Max funding Amount: $750,000

    Pre-approval within minutes

    Funding Time: 1 to 3 business days

    Minimum Years In Business: 3 months

    Minimum Revenue: $2,500

    Minimum Credit Score: 450

    13. The Contenders

  13. American Stimulus Funding

    Great group! I have done 5 deals with Michael, and each time it's been great.

    Zach, Reggie, and Matt are great as well.

  14. CitiWide Merchant Funding

    CitiWide Merchant Funding provides both merchant cash advance and small business loan options for small businesses. Check out this article from Entrepreneur Magazine:

    http://www.Entrepreneur.com/article/223523

  15. Fast Capital 360

  16. Lyft Capital

    Great company. These guys are straightforward, no BS. They work at a rapid pace and provide the capital that I need in a timely fashion.

  17. Z&R Funding

    Got funded fast with minimal paperwork, thanks.

  18. Power Funding

    The Power Funding Solutions are amazing. Very down-to-earth staff. You will feel like you have a friend getting capital when you need it. Easy people to talk to and work with!

  19. MCA Merchant Advance

    Also in the realm of alternative business financing, Merchant Advance Express focuses on providing cash advances and short-term loans. It is designed to offer quick approval and funding, targeting businesses in need of immediate capital. The company emphasizes flexibility and speed in its service offerings... read more

    Simple six-month terms, lines of credit up to $100,000, no application fees, and no other fees until you draw against your line. Merchant Advance Express is an A+ rated BBB Accredited business that has provided services to over 100,000 businesses.

    Merchant Advance Express is the most professional and best customer service finance company in the business!

    Great experience. Quick, simple, and professional staff to deal with. Had money in 48 hours.

  20. Fundomate

    All paper accepted. One Credit pull. 20 Direct Lenders. One Application. No Broker Fees! Wow!

  21. VitalCap Fund

  22. Clarify Capital

  23. Versatile Merchant Solutions

BAdd New Item
*A Trusted Partner designation denotes a listing whose rank has been determined by our staff. Typically, TheTopTens receives compensation for these placements in the form of commissions on sales or leads generated through this site. Because our compensation is tied to consumer behavior, we are incentivized to promote the companies and products people are more likely to respond favorably toward.