A Guide to Understanding ACH Loans

Jun 29, 2019

A Guide to Understanding ACH Loans

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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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