There’s a slew of financial products available to small businesses, and it can be challenging to narrow down the options. After all, each company has its own history and unique set of needs. Since there are so many variables to consider, we’ve put together this brief product comparison chart, which lists key characteristics for three of the most popular merchant funding products on the market today!
Merchant Cash Advance
Traditional Bank Loan
Business Credit Card
Fast Turnaround
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x
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Good in Emergency Situations
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x
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Good for Planned Initiatives
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Based on Projected Sales, Not a Fixed Dollar Amount