A Guide to Understanding ACH Loans

Jun 29, 2019

A Guide to Understanding ACH Loans

An ACH loan, sometimes called an ACH advance or ACH cash flow loan, is an increasingly popular way to boost your small business funding without going through a prolonged loan process. The amounts are usually smaller and the payback term is shorter, but these loans can be ideal if you need a quick hit of funding to get through a cash crunch or for an expansion.

These loans are not based solely on credit history but on your ability to make business revenue on a repeated basis. These lenders leverage access to your business bank account–these loans essentially function as an advance in exchange for a portion of your future sales.

About the Author

Barry Eitel

Barry Eitel

Barry Eitel has written about business and technology for eight years, including working as a staff writer for Intuit's Small Business Center and as the Business Editor for the Piedmont Post, a weekly newspaper covering the city of Piedmont, California.

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