Merchant Cash Advance vs Business Loan: Which Is Right for You?

Both put cash in your account quickly, but they're repaid very differently.

Merchant cash advance

Repaid as a percentage of your daily card sales — pay more on busy days, less on quiet ones. Assessed mainly on card takings, so it suits hospitality and retail with seasonal trade. YouLend is a leading UK provider. Read more.

Business loan

Fixed monthly repayments over a set term, usually at a lower overall cost for established businesses with good accounts. Funding Circle decides within about an hour. Read more.

Which to choose

• Seasonal or unpredictable card income → cash advance.
• Steady income, 2+ years accounts, want the lowest cost → loan.
• Need it this week → either; see fast business loans.