Business funding guides
Plain answers to the questions owners ask before they apply, written by the advisors who take the calls. No rate tables, no sales pitch for a product that does not fit. Every guide states costs the way an offer does, as a fixed dollar total, and tells you when the right move is not to borrow at all.
Start with your situation
- Deciding between products
- MCA vs term loan vs line of credit
- Carrying two or more advances
- How to get out of an MCA stack
- About to upload statements
- What funders look for in bank statements
- Worried about your credit score
- Bad credit business funding
Read in the order the problem arrives.
Merchant cash advance vs term loan vs line of credit: which one fits?
Three products, three different jobs. A side-by-side table of how each is priced, repaid and approved, how fast each funds, four decision scenarios, five mistakes owners make when comparing them, and the questions to ask about any offer. Includes the case where none of the three is the answer.
- When speed is worth paying for and when it is not
- Why a rate and a dollar total cannot be compared directly
- Term loans explained, including that Swyft does not arrange them
How to get out of a merchant cash advance stack
For owners carrying two, three or more advances. How stacks form, a table for mapping every position, the five ways out and who each fits, Reverse Consolidation in detail, what to say to your funders and to the brokers who call, and six moves that turn a tight month into a default.
- The three totals that decide which route is right
- Why the next position never helps
- The path from consolidation to a line of credit
What funders look for in your bank statements
Revenue-based funding is decided on three to four months of statements, not the credit report. The eight things an underwriter measures, what good looks like and what raises a flag, a twenty-minute self-review, what you can fix in 30, 60 and 90 days, and what never to do with a statement.
- Deposits, balances, negative days, existing positions
- How the same statements are read for each product
- Why one clean month changes the file
Bad credit business funding: what each credit band qualifies for
Most funding partners in our network consider owners with scores in the 500s. This guide lays out what each band typically qualifies for across merchant cash advances, Reverse Consolidation, lines of credit and equipment financing, what a lower score changes, and how a clean remittance history moves you up a band.
- Band by band, product by product
- What matters more than the score
- How to get to cheaper capital in six to twelve months
Tools and references that go with the guides.
Numbers, examples and the fine print
Something you wanted answered and did not find? Call 800-578-2280 and ask. The next guide usually comes from that call.
Read enough? Get your real numbers.
One application, offers from the partners that fit your file, every one laid out in plain dollars. If the right answer is to wait, we will say so.