No. A merchant cash advance is secured by a claim on your future credit card sales. Our Accord Small Business Finance Short-Term Small Business Loan is just that – a short-term loan with manageable weekly payments. We set up the loan payments to come automatically from your bank account each Wednesday. Unlike many (not all) Merchant Cash Advance loan providers, Accord Small Business Finance’s loan agreements detail in plain language the terms of your loan. And you can repay at any time, subject to a small interest penalty.