The Best Business Cash Advance Companies For Any Small Businesses in 2023

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Best Business Cash Advance Companies

Lendio carefully selects the lenders it works with in its marketplace, then works with you to find the best business cash advance for your unique situation. Read on for stats on each lender and what each lender is best at.


Learn about our methodology for lender selection here.

Lender/Funder*Loan/FInancing AmountMin. Time in BusinessLoan/Financing TermMin. Credit ScoreTime to Funds
(After Approval)
Kapitus$10,000-$750,0003 years6-36 months6401 business day
OnDeck$5,000-$250,0002 years6-18 months625Same day
Credibly$5,000-$400,0006 months3-18 months55048 hours
Expansion Capital Group$5,000-$300,0006 months3-12 months550Within 24 hours
Good Funding$5,000-$75,0003 months4-12 months575Same day
Forward Financing$5,000-$300,0001 year3-12 months500Same day
Backd$10,000-$2 million1 yearUp to 16 months62524-48 hours
Kalamata$50,000-$750,0001 year6-12 months600Within 24 hours
Lendini$1,000-$250,0008 monthsUp to 7 months47024 hours or less
Mulligan$20,000-$1 million6 months6-36 months600Next business day
National Funding$5,000-$500,0001 year6-15 months60024 hours
Libertas$25,000-$4 million1 year3-12 months600Same or next day
Quickbridge$5,000-$200,0001 yearUp to 12 months600Within days

 Best Business Cash Advance Options – All In One Marketplace

Continue reading for detailed information about the lenders listed above.
Ready to apply for a loan? Lendio works with 75+ lenders to find the right option for your business. Click “Apply Now” to fill out our simple application.

Best for Business Cash Advance

Kapitus – Business Cash Advance

Funding amount

$10,000-$750,000

Term

6-36 months

Min. credit score

640

Time to funding

As little as 24 hours once approved

A business cash advance from Kapitus can help you get the funds you need to keep your business going. They can offer up to $750,000—a good amount of money for businesses in the market. 

Pros

  • Best renewal experience
  • Approval within 4 hours
  • Funding in the bank as fast as 24 hours
  • Multiple repayment options to choose from

Cons 

  • Must be in business for at least 3 years
  • Doesn’t build business credit (borrower may be able to self-report to credit bureaus)
  • $20 ACH or $50 wire fee
  • Varying origination fee (based on financed amount)

Kapitus – Business Cash Advance

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Funding amount

$10,000-$750,000

Term

6-36 months

Min. credit score

640

Time to funding

As little as 24 hours once approved

A business cash advance from Kapitus can help you get the funds you need to keep your business going. They can offer up to $750,000—a good amount of money for businesses in the market. 

Pros

  • Best renewal experience
  • Approval within 4 hours
  • Funding in the bank as fast as 24 hours
  • Multiple repayment options to choose from

Cons 

  • Must be in business for at least 3 years
  • Doesn’t build business credit (borrower may be able to self-report to credit bureaus)

  • $20 ACH or $50 wire fee
  • Varying origination fee (based on financed amount)

OnDeck – Cash Advance

Funding amount

$5,000-$250,000

Term

6-18 Months

Min. credit score

625

Time to funding

As fast as same day after approval

If you’re looking for a cash advance or a line of credit to help cover costs for your business for a short amount of time, OnDeck’s product might be right for you. They can offer fast funding with no prepayment fees, but beware that missing any repayments can hurt your credit score.

Pros

  • Best online closing experience
  • Fast funding
  • Can help boost your credit if payments are made on-time because they report to the major credit bureaus 
  • No prepayment fees

Cons

  • Potentially costly factor rates compared to other types of financing
  • Weekly payments

2.5% on first loan, 1.25% on second loan, 0% on third loan and thereafter

OnDeck – Cash Advance

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Funding amount

$5,000-$250,000

Term

6-18 Months

Min. credit score

625

Time to funding

As fast as same day after approval

If you’re looking for a cash advance or a line of credit to help cover costs for your business for a short amount of time, OnDeck’s product might be right for you. They can offer fast funding with no prepayment fees, but beware that missing any repayments can hurt your credit score.

Pros

  • Best online closing experience
  • Fast funding
  • Can help boost your credit if payments are made on-time because they report to the major credit bureaus 
  • No prepayment fees

Cons

  • Potentially costly factor rates compared to other types of financing
  • Weekly payments

2.5% on first loan, 1.25% on second loan, 0% on third loan and thereafter

Credibly – Cash Advance

Funding amount

$5,000-$400,000

Term

3-18 months

Min. credit score

550

Time to funding

As little as 48 hours after approval

Credibly works with financially healthy businesses to provide fast financing based on receivables, and the minimum time in business is just six months. However, there is a monthly administrative fee to be aware of when comparing your options.

Pros

  • Best for funding a wide range of credit types
  • Accepts credit scores starting in the 550s
  • Quick application and decision times
  • $400,000 advance amounts available

Cons 

  • More frequent payments (daily or weekly) than with traditional loan products
  • Potentially costly factor rates compared to other types of financing

2.5% set up fee, plus $50 monthly administrative fee

Credibly – Cash Advance

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Funding amount

$5,000-$400,000

Term

3-18 months

Min. credit score

550

Time to funding

As little as 48 hours after approval

Credibly works with financially healthy businesses to provide fast financing based on receivables, and the minimum time in business is just six months. However, there is a monthly administrative fee to be aware of when comparing your options.

Pros

  • Best for funding a wide range of credit types
  • Accepts credit scores starting in the 550s
  • Quick application and decision times
  • $400,000 advance amounts available

Cons 

  • More frequent payments (daily or weekly) than with traditional loan products
  • Potentially costly factor rates compared to other types of financing

2.5% set up fee, plus $50 monthly administrative fee

Expansion Capital Group – Cash Advance

Funding amount

$5,000-$300,000

Term

3-12 months

Min. credit score

550

Time to funding

Within 24 hours

Enjoy a straightforward application process when you apply for financing through Expansion Capital Group. Credit score requirements start at 550 with a minimum monthly revenue of $10,000. Newer businesses can apply too, with just six months in business required to apply. 

Pros

  • Best for subprime borrowers
  • Approval in 1 day
  • 6-month time in business requirement
  • Minimum monthly revenue just $10,000
  • Prepayment incentives available

Cons

  • Daily or weekly payments, unlike with traditional loan products
  • Potentially costly factor rates compared to other types of financing

Origination fee plus flat finance fee

Expansion Capital Group – Cash Advance

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Funding amount

$5,000-$300,000

Term

3-12 months

Min. credit score

550

Time to funding

Within 24 hours

Enjoy a straightforward application process when you apply for financing through Expansion Capital Group. Credit score requirements start at 550 with a minimum monthly revenue of $10,000. Newer businesses can apply too, with just six months in business required to apply. 

Pros

  • Best for subprime borrowers
  • Approval in 1 day
  • 6-month time in business requirement
  • Minimum monthly revenue just $10,000
  • Prepayment incentives available

Cons

  • Daily or weekly payments, unlike with traditional loan products
  • Potentially costly factor rates compared to other types of financing

Origination fee plus flat finance fee

Good Funding – Cash Advance

Funding amount

$5,000-$75,000

Term

4-12 months

Min. credit score

575

Time to funding

As fast as same day

Good Funding makes it easy to get same day decisions and funding, making it an option for businesses who need cash fast. They specialize in working with a variety of industries, including auto repair, trucking, accounting, logistics, and transportation.

Pros

  • Best for newer businesses
  • $8000 minimum monthly revenue
  • 3 months time in business requirements
  • No hard pull on your credit report

Cons 

  • Daily or weekly payments, unlike with traditional loan products 
  • Potentially costly factor rates compared to other types of financing

3% origination fee

Good Funding – Cash Advance

Apply Now

Funding amount

$5,000-$75,000

Term

4-12 months

Min. credit score

575

Time to funding

As fast as same day

Good Funding makes it easy to get same day decisions and funding, making it an option for businesses who need cash fast. They specialize in working with a variety of industries, including auto repair, trucking, accounting, logistics, and transportation.

Pros

  • Best for newer businesses
  • $8000 minimum monthly revenue
  • 3 months time in business requirements
  • No hard pull on your credit report

Cons 

  • Daily or weekly payments, unlike with traditional loan products 
  • Potentially costly factor rates compared to other types of financing

3% origination fee

Forward Financing – Cash Advance

Funding amount

$5,000-$300,000

Term

3-12 months

Min. credit score

500

Time to funding

As fast as same day

Forward Financing makes it quick and easy to qualify for a business cash advance. If you finalize your paperwork by 3 p.m. Eastern time, you could even get same-day funding. Additionally, there is no personal guarantee required and you can adjust your payments if your revenue changes.

Pros

  • Best for borrowers who may have other loans or advances
  • Same-day funding
  • 500 minimum credit score
  • Great customer reviews

Cons 

  • Daily or weekly payments, unlike traditional loan products
  • Potentially costly factor rates compared to other types of financing

Upfront processing fee (varies by loan amount)

Forward Financing – Cash Advance

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Funding amount

$5,000-$300,000

Term

3-12 months

Min. credit score

500

Time to funding

As fast as same day

Forward Financing makes it quick and easy to qualify for a business cash advance. If you finalize your paperwork by 3 p.m. Eastern time, you could even get same-day funding. Additionally, there is no personal guarantee required and you can adjust your payments if your revenue changes.

Pros

  • Best for borrowers who may have other loans or advances
  • Same-day funding
  • 500 minimum credit score
  • Great customer reviews

Cons 

  • Daily or weekly payments, unlike traditional loan products
  • Potentially costly factor rates compared to other types of financing

Upfront processing fee (varies by loan amount)

Backd – Cash Advance

Funding amount

$10,000-$2 million

Term

Up to 16 months

Min. credit score

625

Time to funding

24-48 hours

Businesses looking for a large amount of financing should consider Backd for their cash advance. This funding option can go as high as $2 million. Plus, repayment terms can extend as long as 16 months. It can take up to 48 hours to receive funding, and payments are deducted daily or weekly. 

Pros

  • Best for customer service
  • $2 million funding amounts available
  • Repayment terms up to 16 months
  • Fast approvals and funding
  • Only a soft credit pull

Cons

  • Not available for all industries
  • Potentially costly factor rates compared to other types of financing

3% origination fee

Backd – Cash Advance

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Funding amount

$10,000-$2 million

Term

Up to 16 months

Min. credit score

625

Time to funding

24-48 hours

Businesses looking for a large amount of financing should consider Backd for their cash advance. This funding option can go as high as $2 million. Plus, repayment terms can extend as long as 16 months. It can take up to 48 hours to receive funding, and payments are deducted daily or weekly. 

Pros

  • Best for customer service
  • $2 million funding amounts available
  • Repayment terms up to 16 months
  • Fast approvals and funding
  • Only a soft credit pull

Cons

  • Not available for all industries
  • Potentially costly factor rates compared to other types of financing

3% origination fee

Kalamata – Cash Advance

Funding amount

$50,000-$750,000

Term

6-12 months

Min. credit score

600

Time to funding

As little as 24 hours

Kalamata offers generous cash advance amounts to established businesses with revenue of at least $20,000 per month. Approvals take three hours or less, with time to fund in as little as 24 hours. Kalamata advances are available for businesses in most industries and the company works in all 50 states.

Pros

  • Best for broad range of industries
  • Prepayment incentives available
  • Approvals in three hours
  • No hard credit pull

Cons

  • Potentially costly factor rates compared to other types of financing
  • Daily or weekly payments, unlike with traditional loan products

Kalamata – Cash Advance

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Funding amount

$50,000-$750,000

Term

6-12 months

Min. credit score

600

Time to funding

As little as 24 hours

Kalamata offers generous cash advance amounts to established businesses with revenue of at least $20,000 per month. Approvals take three hours or less, with time to fund in as little as 24 hours. Kalamata advances are available for businesses in most industries and the company works in all 50 states.

Pros

  • Best for broad range of industries
  • Prepayment incentives available
  • Approvals in three hours
  • No hard credit pull

Cons

  • Potentially costly factor rates compared to other types of financing
  • Daily or weekly payments, unlike with traditional loan products

Lendini – Cash Advance

Funding amount

$1,000-$350,000

Term

Up to 7 months

Min. credit score

470

Time to funding

Less than 24 hours

Although Lendini doesn’t offer cash advances in the millions, the eligibility requirements are more lenient than those of other financing companies. You only need to be in business for eight months with a minimum monthly revenue of $7,500. Plus, the minimum credit score is just 470.

Pros

  • Best for low-credit borrowers
  • 470 minimum credit score
  • No personal guarantee required
  • $5,000 minimum monthly revenue requirement
  • Fast funding times

Cons 

  • Potentially costly factor rates compared to other types of financing
  • $350,000 cash advance limit

Varies (depends on cash advance amount)

Lendini – Cash Advance

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Funding amount

$1,000-$350,000

Term

Up to 7 months

Min. credit score

470

Time to funding

Less than 24 hours

Although Lendini doesn’t offer cash advances in the millions, the eligibility requirements are more lenient than those of other financing companies. You only need to be in business for eight months with a minimum monthly revenue of $7,500. Plus, the minimum credit score is just 470.

Pros

  • Best for low-credit borrowers
  • 470 minimum credit score
  • No personal guarantee required
  • $5,000 minimum monthly revenue requirement
  • Fast funding times

Cons 

  • Potentially costly factor rates compared to other types of financing
  • $350,000 cash advance limit

Varies (depends on cash advance amount)

Mulligan – Cash Advance

Funding amount

$20,000-$1 million

Term

6-36 months

Min. credit score

600

Time to funding

As soon as next business day

Mulligan caters to businesses of all sizes, with cash advances going all the way up to $1 million. You do need at least $42,000 in monthly sales to apply with Mulligan. But it’s easy to do with an application that takes just minutes to complete and approval times within hours.

Pros

  • Best for custom solutions
  • Broad range of funding amounts
  • Flat financing fee
  • Quick approvals and funding 
  • No prepayment penalties

Cons

  • Potentially costly factor rates compared to other types of financing
  • Daily or weekly repayments, unlike with traditional loan products

2%

Mulligan – Cash Advance

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Funding amount

$20,000-$1 million

Term

6-36 months

Min. credit score

600

Time to funding

As soon as next business day

Mulligan caters to businesses of all sizes, with cash advances going all the way up to $1 million. You do need at least $42,000 in monthly sales to apply with Mulligan. But it’s easy to do with an application that takes just minutes to complete and approval times within hours.

Pros

  • Best for custom solutions
  • Broad range of funding amounts
  • Flat financing fee
  • Quick approvals and funding 
  • No prepayment penalties

Cons

  • Potentially costly factor rates compared to other types of financing
  • Daily or weekly repayments, unlike with traditional loan products

2%

National Funding – Cash Advance

Funding amount

$5,000-$500,000

Term

6-15 months

Min. credit score

600

Time to funding

Within 24 hours

National Funding offers flexible cash advances to use for working capital. The minimum credit score is just 6000, but you will need monthly revenue of at least $41,000 in order to apply. Once your application is approved and you return your financing agreement, you can get funding within 24 hours. 

Pros

  • Best for industry reputation
  • Flexible credit requirements 
  • Early repayment discounts
  • Will work with some non-profits
  • No collateral required

Cons

  • Daily or weekly payments, unlike with traditional loan products
  • Potentially costly factor rates compared to other types of financing

2.5% origination fee

National Funding – Cash Advance

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Funding amount

$5,000-$500,000

Term

6-15 months

Min. credit score

600

Time to funding

Within 24 hours

National Funding offers flexible cash advances to use for working capital. The minimum credit score is just 6000, but you will need monthly revenue of at least $41,000 in order to apply. Once your application is approved and you return your financing agreement, you can get funding within 24 hours. 

Pros

  • Best for industry reputation
  • Flexible credit requirements 
  • Early repayment discounts
  • Will work with some non-profits
  • No collateral required

Cons

  • Daily or weekly payments, unlike with traditional loan products
  • Potentially costly factor rates compared to other types of financing

2.5% origination fee

Libertas – Cash Advance

Funding amount

$25,000-$4 million

Term

3-12 months

Min. credit score

600

Time to funding

As fast as same or next day

You’ll find large cash advance amounts with Libertas, along with revenue requirements of at least $50,000 per month. But if you qualify, you can get funds deposited in as little as 24 hours. 

Pros

  • Best for high loan amounts
  • Quick funding times
  • Up to 25% prepayment discount
  • $4 million advance amounts
  • No personal guarantee required

Cons

  • Potentially costly factor rates compared to other types of financing
  • $50,000 per month revenue requirements

Unknown

Libertas – Cash Advance

Apply Now

Funding amount

$25,000-$4 million

Term

3-12 months

Min. credit score

600

Time to funding

As fast as same or next day

You’ll find large cash advance amounts with Libertas, along with revenue requirements of at least $50,000 per month. But if you qualify, you can get funds deposited in as little as 24 hours. 

Pros

  • Best for high loan amounts
  • Quick funding times
  • Up to 25% prepayment discount
  • $4 million advance amounts
  • No personal guarantee required

Cons

  • Potentially costly factor rates compared to other types of financing
  • $50,000 per month revenue requirements

Unknown

Quickbridge – Cash Advance

Funding amount

$5,000-$200,000

Term

Up to 12 months

Min. credit score

600

Time to funding

Within days

Quickbridge offers cash advances that can be repaid over the course of 12 months. The credit requirements start at 600, and you need to be in business for one year with $20,000 in monthly revenue to apply. 

Pros

  • Best for trade-based businesses
  • Low credit requirements compared to SBA or term loans
  • Only one year time in business required

Cons

  • Potentially costly factor rates compared to other types of financing
  • Cash advance amount maximum of $200,000

2% origination fee

Quickbridge Logo

Quickbridge – Cash Advance

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Funding amount

$5,000-$200,000

Term

Up to 12 months

Min. credit score

600

Time to funding

Within days

Quickbridge offers cash advances that can be repaid over the course of 12 months. The credit requirements start at 600, and you need to be in business for one year with $20,000 in monthly revenue to apply. 

Pros

  • Best for trade-based businesses
  • Low credit requirements compared to SBA or term loans
  • Only one year time in business required

Cons

  • Potentially costly factor rates compared to other types of financing
  • Cash advance amount maximum of $200,000

2% origination fee

Lendio’s methodology

Wondering how we chose the best? We used the following criteria to evaluate the lenders in our network.

  • Lenders with fast funding time (i.e., those with non-SBA loans that fund in under one week and SBA funding that funds in 2-3 weeks)
  • Lenders with a maximum loan amount of $2 million or less
  • Lenders with a minimum loan amount of $5,000
  • Lenders with fees that are comparable to other similar lenders (Ex:online lenders that have similar fees and traditional lenders with similar fees)
  • Requirements:
    • More flexible lenders:
      • Credit Score: 600
      • Time in Business: 6 months
      • $8,000-$10,000 gross monthly revenue
    • Average lender:
      • Credit Score: 700
      • Time in Business: 1-2 years
      • $20,000-$50,000 gross monthly revenue
  • Flexible repayment options (i.e., early repayment options with daily, weekly, and monthly payment options)
  • Reviews on external websites (an average of 4.5 or higher on TrustPilot)

*The information contained in this page is Lendio’s opinion based on Lendio’s research, methodology, evaluation, and other factors. The information provided is accurate at the time of the initial publishing of the page (November 28). While Lendio strives to maintain this information to ensure that it is up to date, this information may be different than what you see in other contexts, including when visiting the financial information, a different service provider, or a specific product’s site. All information provided in this page is presented to you without warranty. When evaluating offers, please review the financial institution’s terms and conditions, relevant policies, contractual agreements and other applicable information. Please note that the ranges provided here are not pre-qualified offers and may be greater or less than the ranges provided based on information contained in your business financing application. Lendio may receive compensation from the financial institutions evaluated on this page in the event that you receive business financing through that financial institution.

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