We are faster and more flexible. Unlike banks, we can make a decision on your application in minutes and fund as soon as the next business day. Also, most bank loans are secured by real estate, equipment or inventory.
In terms of other types of loans, Merchant Cash Advances involve selling a percentage of your future sales, and are typically much more expensive than our business loans. Merchant Cash Advance loans often require you to change credit card processors, and are often extremely expensive to repay early.