The other three
01Asset-backed capital
Funding secured against something the business owns, so the asset rather than the cash flow sets the size.
The one product here that asks you to pledge something. That is the trade: security usually buys a larger amount, a longer run and a lower cost than unsecured funding on the same statements, and it puts the asset at risk if the arrangement fails.
02How it works
The mechanics.
What the instrument actually does, before anything about price.
The amount follows the asset. Equipment, vehicles, inventory, receivables and property are each valued differently and lent against differently, so what the business owns changes the answer more than what it earns.
Because it is secured, it can reach past what cash flow alone would support. A business whose statements would carry a modest advance may support considerably more against machinery or a fleet.
The risk is the plain one and it belongs on the page rather than in a contract: if the arrangement is not met, the asset secures the funder, not you. Nothing else on this site puts a specific thing you own on the line.
03Price
Why there is no range on this page.
Every other page on this site prints its numbers. This one does not, and saying why is better than filling the space with something we would have to walk back.
Quoted per file
Pricing follows the asset, and the asset class changes it more than anything about the business does. Equipment, inventory, receivables and property are valued on different bases and funded on different terms, so a single published range across all of them would describe none of them. Quoted per file, once we know what is being pledged.
What we do publish
The full merchant cash advance range is on this site: factor rate, origination fee and term, with a calculator that shows the total to repay. If a published price is what you need in order to compare, start there.
Rates and terms, in fullWhere this is the right shape
- Businesses with real equipment, vehicles, inventory or property on the books
- Amounts larger than the cash flow alone would carry
- Owners who would rather pledge an asset than pay the price of going unsecured
Where it is the wrong shape
- Asset-light businesses. If there is nothing substantial to pledge, this is not available and unsecured funding is the route.
- Assets already carrying a lien, which is more common than owners expect, particularly on financed equipment and factored receivables.
- Anyone not prepared to lose the asset in the bad case. If that outcome is unacceptable, the honest answer is a different product.
Telling you an instrument is wrong for you costs us a file. Not telling you costs you more.
05Sectors
Where this one tends to fit.
Each of these pages says why, in the context of how that industry is actually paid.
Construction and trades
Plant, vehicles and machinery are real security, and they usually reach further than the statements alone would.
Funding for construction and tradesTrucking and logistics
Tractors, trailers and reefers are genuine security, and where there is equity they reach further than the statements do.
Funding for trucking and logisticsMedical and dental practices
Owned clinical equipment is substantial, valuable security and supports larger amounts than the account alone.
Funding for medical and dentalRetail and e-commerce
Inventory itself can be the security where volumes are substantial and the stock is genuinely saleable.
Funding for retail and e-commerceAuto repair and sales
Shop equipment and owned inventory are real security, subject to whatever the floor plan already claims.
Funding for auto repair and salesManufacturing
Machinery and tooling are substantial security, and the repayment shape sits better against a long production cycle.
Funding for manufacturingWholesale and distribution
Inventory and receivables are the natural security here, subject to whatever is already pledged.
Funding for wholesale and distributionSalons and wellness
Available where treatment or fitness equipment is substantial and owned outright.
Funding for salons and wellnessLandscaping and grounds care
Owned equipment and vehicles are real security and suit a purchase made ahead of a season.
Funding for landscaping
One application covers all four.
You do not have to decide which instrument you want before you start. The application asks the same questions whichever one ends up fitting, and which it is comes out of your statements rather than out of the box you ticked.