7 Best Cash Flow Lenders 2019

The best cash flow lenders offer business term loans and lines of credit, invoice financing, and merchant cash advances. They’re used by businesses to meet obligations or replenish inventory. Cash flow loans can be approved in minutes with an online application, funded in 24 hours, and have rates that start at 9% APR.

7 Best Cash Flow Loans 2019

How We Evaluated the Best Cash Flow Lenders

When evaluating the best cash flow lenders, we considered the potential amount of funding a business could receive with a working capital loan in addition to the overall cost of the financing. We also factored in the repayment terms, minimum qualifications, and the speed of applications. Finally, we considered which business loans offer fast funding to small business owners.

Based on the needs of small business owners, the criteria we used to evaluate the best cash flow lenders include:

• Loan amount: The maximum amount you can borrow at a time with each of the best cash flow lenders, which can range from $100,000 up to $500,000 or as high as $5 million with invoice factoring.
• Rates and fees: The interest rate and additional fees charged by the lender for each of the best cash flow loans. Measured in APRs, lenders offer rates as low as 9% and as high as 136%.
• Repayment terms: The frequency with which business owners make payments and how long they have to repay the money they borrowed. Most lenders require weekly payments, but there are some exceptions when daily or monthly payments are available.
• Qualification requirements: The minimum requirements disclosed by the best cash flow lenders, including personal credit score, time in business, and gross annual revenue. Credit score requirements vary widely from no stated minimum up to 600, with six months or a year in business, and annual revenue over $50,000.
• Ease of applying: How easy it is to complete an application, including the required documentation and whether they can complete the application online. Most applications can be completed in less than 30 minutes.
• Speed of funding: The speed with which business owners can get access to funds from the best cash flow lenders after being approved. This can be as soon as the next business day or up to a week after being approved.

What the Best Types of Cash Flow Loans Are

Businesses with cash flow shortages have multiple financing options. Short-term business loans and merchant cash advances provide a lump-sum loan and are best for non-recurring cash flow needs. For recurring cash flow needs, a small business line of credit is a better option. This is because you can access the credit as needed and reuse it after it’s repaid. Finally, invoice financing is a good option for companies with business-to-business (B2B) and business-to-government (B2G) invoices needing larger funding amounts.

The best cash flow loan types are:

• Short-term business loan: These loans present the borrower with funds in a single lump sum, with equal payments of principal and interest over the course of the repayment term. Compared to other cash flow loans, the loan amounts are up to $500,000 and the repayment terms are longer (up to three years).
• Small business line of credit: A business line of credit works like a credit card. Business owners receive a credit limit and can draw funds up to the limit. Unlike short-term loans, when the principal is repaid, the business can borrow from the line of credit again. These are best used for financing recurring cash flow gaps, like payroll.
• Invoice financing: Businesses with outstanding B2B or B2G invoices to their customers can finance them, receiving a percentage of the invoice amount upfront and the rest once the customer pays the invoice, less the fee. This is best for businesses with outstanding invoices that need financing for cash flow gaps.
• Merchant cash advance (MCA): The most expensive cash flow loan, a merchant cash advance, is based on the business’ credit card receivables. It’s a lump sum loan with daily payments calculated as a percentage of the daily credit card settlement. It’s best for businesses that have a high volume of credit card receivables.

Who Cash Flow Loans Are Right For

If the cash flow shortfall is temporary (renovations or expansion), you can use a term loan or merchant cash advance. If, however, your cash flow shortages are recurring (payroll or seasonality), then a line of credit is a better option, since you can apply for it once and use it repeatedly. In some circumstances, if the cash flow shortage is caused by outstanding invoices (delayed payments from key customers), you can also use invoice financing.

The best cash flow loans are right for:

• Business owners experiencing a short-term cash flow shortfall: Sometimes a sudden slump in sales can cause a cash flow shortage. If you don‘t expect the shortage to be recurring, a term loan and an MCA are both good financing options.
• Businesses with recurring cash flow needs: If your business is experiencing a recurring cash flow shortages caused by things such as seasonality or late payments from customers, then a line of credit is a flexible and affordable cash flow solution. If you are extending credit to businesses or governments, then invoice financing can help.
• Businesses stocking up on inventory: If your business is seasonal, like an ice cream shop, or you are stocking up inventory for the holidays, a term loan is a great option for cash flow financing. You can use it to buy inventory in anticipation of the increased revenue, then use the revenue to repay the loan.
• Business owners taking advantage of a new opportunity: Whether your business is adding staff or taking advantage of a sale from suppliers, you can use financing to overcome any cash flow shortages. For major expenditures, a term loan is best; however, for sustaining additional payroll, get a line of credit.

The cash flow lenders we evaluated are all alternative lenders because of their simple online applications and quick funding. However, a traditional lender can offer many of these products to small businesses, with lower rates and longer terms. If you have good credit and can wait a month or longer for funding, it might be worth approaching your existing bank for a cash flow loan.

The seven best cash flow lenders based on the evaluation criteria we used are:

OnDeck: Overall Best Cash Flow Lender for Small Businesses

OnDeck is the best cash flow lender for small businesses due to its long terms, low rates, high loan amounts, and quick funding speed. The term loan up to $500,000 has one of the lowest starting APRs of 9% and terms up to three years. You can get approved and funded the next business day and potentially pair your term loan with a line of credit from OnDeck.

OnDeck Cash Flow Loan Rates & Fees

An OnDeck term loan offers prime borrowers with credit scores of 700 or greater a starting simple interest rate as low as 9%. OnDeck disclosed an APR range for its term loan from 9.1% to 99.8% in its 2018 annual report. OnDeck also offers repeat borrowers lower origination fees for subsequent loans, going as low as 0%.

The rates and fees you can expect with an OnDeck cash flow loan are:

• Interest rate: As low as 9% simple interest and as low as 9.99% annualized interest rate (AIR)
• Expected APR: 9.1% to 99.8%, with a 46.9% weighted average AIR as of June 2018
• Origination or maintenance fee: 0% to 5% of your loan amount
• Prepayment penalty or termination fee: No prepayment penalty, but you owe the full interest charge if you repay early, with a potential prepayment discount applied
• Additional fees: None

A $10,000 OnDeck term loan has a daily interest cost between $2.49 and $27.34, based on its disclosed APR range. With OnDeck, paying back your loan early won’t reduce its overall cost, but in some circumstances, you can receive a discount by requesting it from your loan specialist. The size of the discount will vary, but you should have a repayment date in mind when you submit the request.

OnDeck Cash Flow Loan Terms

OnDeck offers the largest term loan on our list of the best cash flow lenders, up to $500,000. The repayment term OnDeck offers is up to 36 months, giving business owners a long repayment option for larger loans. You’ll have to make either daily or weekly payments on the loan, which can help you manage cash flow more closely while the loan is outstanding.

The terms you can expect with an OnDeck cash flow loan are:

• Loan amount: $5,000 to $500,000
• Repayment term: Three to 36 months
• Repayment schedule: Daily or weekly
• Collateral: Blanket UCC filing on business assets
• Personal guarantee: Required from the primary borrower
• Speed to funding: 10 minutes to complete the online application and approval in hours; initial funding as soon as the next day

With OnDeck, you’ll receive either daily or weekly payments on the term loan. These payments are deducted automatically from your business bank account. If you need monthly payments, then consider a cash flow loan from BlueVine.

OnDeck Cash Flow Loan Qualifications

OnDeck requires some of the lowest minimum qualifications on our list of the best cash flow lenders. It has a minimum credit score requirement of 600, and requires one year in business and $100,000 in annual revenue. This means that many small business owners could potentially qualify for funding.

The qualifications you can expect with an OnDeck cash flow loan are:

• Credit score: At least 500 (check your score for free)
• Time in business: One year or more
• Annual gross business revenue: At least $100,000

After applying to OnDeck, it will request a soft credit check. This credit check does not affect your personal credit score and provides OnDeck with an overview of your credit history. After receiving and accepting your term loan offer, OnDeck will perform a hard credit check and may increase your funding based on the result.

Other Cash Flow Loans Offered by OnDeck

Besides a term-term business loan, OnDeck also offers a small business line of credit. APRs range from 14% to 63% and you will have six months to repay each draw. The line of credit from OnDeck also has similar minimum qualifications, with a higher minimum personal credit score of 600.

The rates, terms, and qualifications for an OnDeck line of credit are:

• Starting interest rates: As low as 13.99% APR (prime borrowers with credit scores of 700 or higher can potentially get the lowest rates)
• Expected APR: 13.99% to 63.2%, with a 32.6% weighted average
• Loan amount: Up to $100,000
• Repayment terms and schedule: Six or 12 months with weekly payments
• Credit score: At least 600 (check your score for free)
• Time in business: At least one year
• Annual revenue: At least $100,000

When a business is experiencing cash flow issues that are both recurring and acute, qualifying for a line of credit and a term loan can be beneficial. Besides OnDeck, you can qualify for a term loan and a line of credit with BlueVine and StreetShares, making it the most versatile lender on our list of the best cash flow lenders.

What an OnDeck Cash Flow Loan Is Missing

OnDeck doesn’t offer financing to businesses with less than $100,000 in annual revenue and less than one year in operations. This makes it impossible for newer businesses and smaller businesses to qualify, even though issues with their cash flows are more common. Kabbage, an OnDeck alternative, has lower minimum requirements of $50,000 in revenue and six months in business.

What Users Think About OnDeck Cash Flow Loans

OnDeck has great reviews from customers around the web. Most positive reviews came from business owners happy to receive funding and gave shoutouts to the OnDeck team members who helped them navigate the process. The few negative reviews we found were from business owners who did not receive funding. To read more reviews about OnDeck, visit our OnDeck reviews page.

How to Apply for a Cash Flow Loan From OnDeck

OnDeck offers a quick online application that takes ten minutes to complete. You could get funded for a term loan up to $500,000 and a line of credit up to $100,000, 24 hours after approval. Rates for the term loan start at 9% with weekly payments for up to three years.

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BlueVine: Best Cash Flow Lender With the Most Financing Options Available

BlueVine offers borrowers the best line of credit and is best for businesses wanting access to multiple financing options. Its line of credit can be as large as $250,000, with rates starting at 4.8% for a 26-week draw and weekly or monthly payments. It also offers a term loan up to $250,000 and invoice factoring for B2B and B2G invoices up to $5 million. With three potential financing options, BlueVine offers the most financing options on our list.

BlueVine Cash Flow Line of Credit Rates & Fees

BlueVine’s line of credit doesn’t cost you anything until you make a draw. This makes it an especially powerful tool for managing recurring cash flow issues. BlueVine provided the expected APR of 15% to 78%, which makes its line of credit slightly more expensive than a term loan or line of credit from OnDeck.

The rates and fees you can expect with a BlueVine line of credit are:

• Interest rate: As low as 4.8% of the amount drawn, for a 26-week term
• Expected APR: 15% to 78%
• Origination or maintenance fee: None
• Prepayment penalty or termination fee: None, and early repayment saves you money on fees
• Additional fees: $15 wire fee; automated clearing house (ACH) is free

BlueVine does not charge an origination or maintenance fee for its line of credit. It has a slightly higher starting APR of 15% than you could qualify for with an OnDeck line of credit. However, if the draw is repaid early, it could potentially save you money. You can expect to pay between $4.11 and $21.37 in daily interest for every $10,000 you draw with BlueVine.

BlueVine Cash Flow Line of Credit Terms

Having up to one year to repay a draw from your line of credit makes BlueVine the best line of credit lender for cash flow shortages. You can get funded for up to $250,000 and BlueVine offers borrowers the option of weekly or monthly payments based on their qualifications. This added flexibility makes it a great funding option for small businesses.

The terms you can expect with a BlueVine line of credit are:

• Loan amount: Up to $250,000
• Repayment term: Six or 12 months
• Repayment schedule: Weekly or monthly
• Collateral: Blanket UCC filing required
• Personal guarantee: Required for the primary borrower
• Speed of funding: 10 minutes to apply and funding as soon as the next day; ongoing funding the next day for free via an ACH or same day for a $15 fee via wire transfer

Like other lines of credit we reviewed, BlueVine’s line of credit is revolving. This gives business owners the opportunity to borrow funds again after they have repaid the original draw, similar to a credit card. OnDeck, a BlueVine alternative, also offers an online application that takes ten minutes to complete and can have funds transferred to you in 24 hours after approval.

BlueVine Cash Flow Line of Credit Qualifications

Qualifying for a line of credit from BlueVine requires meeting a minimum personal credit score of at least 600 and a minimum annual revenue of $100,000. If you need monthly payments on a line of credit with terms up to a year, you’ll need a credit score of at least 650, with annual gross business revenue of $500,000 or higher.

For weekly payments over six months, the minimum qualifications for a BlueVine line of credit are:

• Credit score: At least 600 (check your score for free)
• Time in business: At least six months
• Annual gross business revenue: At least $100,000

For monthly payments over one year, the minimum qualifications for a BlueVine line of credit are:

• Credit score: At least 650 (check your score for free)
• Time in business: At least six months
• Annual gross business revenue: At least $500,000

Although BlueVine offers borrowers the option of making monthly payments over the course of one year on a draw from its line of credit, the minimum qualifications for this option are higher. If you can’t meet the minimum qualifications for monthly payments and one year repayment terms, Kabbage offers monthly payments with lower qualification requirements.

Other Cash Flow Loans Offered by BlueVine

Like OnDeck, BlueVine offers a term loan up to $250,000 with weekly payments. For borrowers experiencing cash flow shortages, working with BlueVine has the added advantage of being able to apply for both a line of credit and term loan from the same provider. The expected APR range of 18.2% to 72% is higher than what you could get with OnDeck.

The costs, terms, and minimum qualifications you can expect from a BlueVine cash flow loan are:

• Starting interest rates: 4.8% to 47.1% simple interest
• Expected APR: 18.2% to 72%
• Loan amount: $5,000 to $250,000
• Repayment terms and schedule: Six or 12 months with weekly payments
• Credit score: At least 600 (check your score for free)
• Time in business: At least six months
• Annual revenue: At least $100,000

BlueVine has also shared that customers can get 10% to 70% more money with its term loan than they can qualify for with its line of credit. This is great news for businesses that have a sudden cash flow shortage or that wish to take advantage of low prices from suppliers and need a large lump sum instead of a line of credit. This product was introduced by BlueVine recently, and our ranking of the company on our best cash flow lender list is based on our experience with its established line of credit.

Besides a term loan and a line of credit, BlueVine also ranks among the best invoice financing companies. Its invoice financing facility allows you to access funds from unpaid invoices owed by B2B or B2G customers. If your cash flow issues stem from long collection periods on invoices, this could be a great option for your business.

What a BlueVine Line of Credit for Cash Flow Is Missing

BlueVine has high minimum qualifications for its line of credit, especially if your business needs monthly payments for up to one year. For monthly payments on a line of credit, Kabbage has a lower minimum credit score of 550 and $50,000 in annual revenue to qualify.

What Users Think About BlueVine

BlueVine gets great reviews from small business owners around the web. Positive BlueVine reviews emphasized the speed of funding and its responsive customer support team. Some negative reviews mentioned that there were some unexpected fees, but BlueVine discloses its fees upfront. To read more reviews, visit our BlueVine reviews page.

How to Apply for a Cash Flow Line of Credit From BlueVine

An online application for a BlueVine line of credit and term loan both take 10 minutes, with funding in 24 hours. Your business could receive up to $250,000, with weekly or monthly payments and terms up to one year. This makes BlueVine the best option for recurring cash flow issues.

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Kabbage: Best Cash Flow Lender for Monthly Payments

Kabbage offers its line of credit customers monthly payments, making it a great option for those seeking the best cash flow loan with monthly payments. Rates start at 1.5% per month for up to $250,000 and terms up to 18 months with next day funding. This produces an equivalent APR of 24% to 99% and like with BlueVine, you can save money by repaying the loan early.

Kabbage Cash Flow Line of Credit Rates & Fees

Kabbage charges a monthly advance fee for a draw made on its line of credit, which works similar to an interest rate. The good news is you only pay the advance fee as long as the draw is outstanding. This means you can save money by paying back your draw early, unlike with OnDeck. The resulting APR we calculated based on these rates is 24% to 99%.

The rates and fees you can expect with a Kabbage line of credit are:

• Advance fees (in lieu of interest rate): 1.5% to 10% per month; average fee is 4% for a six-month term and 3% for a 12-month term
• Expected APR: 24% to 99%
• Origination or maintenance fee: None
• Prepayment penalty or termination fee: None
• Additional fees: None

This APR translates to $6.58 to $27.12 in daily costs for every $10,000 you borrow from Kabbage. Like most of the best cash flow lenders, there is no origination fee or prepayment penalty, and unlike some lenders, you can save money by paying back your draw early. As with other lenders, your fees will depend on your qualifications, meaning the better your credit score and annual business revenue, the lower your APR will probably be.

Kabbage Cash Flow Line of Credit Terms

Kabbage offers a line of credit with a potential draw limit as high as $250,000. The terms vary, with six, 12, and 18 months all available to borrowers based on qualifications. All payments required by Kabbage are made on a monthly basis and it provides next day funding.

The terms you can expect with a Kabbage line of credit are:

• Loan amount: $250,000
• Repayment term: Six, 12, or 18 months
• Repayment schedule: Monthly
• Collateral: Blanket UCC filing typically required
• Personal guarantee: Required from the primary borrower
• Speed of funding: 10 minutes to complete its online application and approval within 10 minutes to a few hours; initial funding as soon as the next business day and ongoing funding within 24 hours or immediately using its connected Kabbage Card

Kabbage, like the other lenders on our list, requires a blanket UCC filing and a personal guarantee. Like BlueVine and OnDeck, you can get ongoing funding the next business day, but Kabbage also offers a connected Kabbage Card for instant access to funds.

Kabbage Cash Flow Line of Credit Qualifications

You’ll need to meet specific credit score, time in business, and annual business revenue requirements to qualify for a Kabbage line of credit. Your score must be at least 550 and you must be in business for a year or longer. Your business must also be generating $50,000 in annual revenue, or $4,200 or more per month in the last three months and trending upwards.

The minimum qualifications for a Kabbage line of credit are:

• Credit score: At least 550 (check your score for free)
• Time in business: At least one year
• Annual gross business revenue: At least $50,000, or $4,200 or more per month for the past three months

Kabbage has a lower credit score requirement than BlueVine and OnDeck. The annual revenue requirement is also relatively low, with both OnDeck and BlueVine requiring twice as much in annual revenue at $100,000.

What a Kabbage Line of Credit for Cash Flow Is Missing

Kabbage requires a year in business to qualify, which puts its line of credit out of reach for newer businesses. It also doesn‘t offer financing products besides a line of credit, which is a drawback compared to lenders like StreetShares, BlueVine, and OnDeck that offer term loans, lines of credit, and invoice financing. However, Kabbage has a lower minimum credit score for its line of credit and offers monthly payments to all its customers.

What Users Think About Kabbage

Kabbage gets positive reviews around the web. Customers who left positive reviews noted that its application process was one of the easiest on the web. The few negative reviews mentioned some confusion about how Kabbage calculates fees for its line of credit. To read more reviews, visit our Kabbage reviews page.

How to Apply for a Cash Flow Line of Credit From Kabbage

Kabbage offers an online application that takes 10 minutes to complete. As soon as the day after applying, you could get a line of credit up to $250,000 with monthly payments and terms up to one year. This makes Kabbage a standout choice among the best cash flow lenders.

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Fundbox: Best Cash Flow Lender With No Minimum Credit Score Requirement

Fundbox offers the best line of credit for businesses needing a lender without a minimum credit score requirement. Fundbox can get your business funded as soon as the next business day for up to $100,000, which is less than the other providers we reviewed. You’ll receive repayment terms of 12 or 24 weeks with weekly payments, and a 10% starting APR.

Fundbox Cash Flow Line of Credit Rates & Fees

Fundbox charges a starting weekly rate of 0.5% to 0.7% depending on the term of the loan. It has also provided us with an APR of 10% to 79%, which is roughly in line with the lenders we reviewed so far. It also doesn’t charge a prepayment penalty like other lender and there are no origination or maintenance fees on the account, which means you can qualify before you need funding without a penalty.

The rates and fees you can expect with a Fundbox line of credit are:

• Interest rate: 0.5% for 12 weeks and 0.7% for 24 weeks
• Expected APR: 10% to 79%
• Origination or maintenance fee: None
• Prepayment penalty or termination fee: None

As noted, Fundbox provided an APR between 10% and 79%. This puts it in line with the line of credit you could receive from BlueVine and OnDeck. The daily interest cost for a $10,000 draw would be between $2.74 and $21.64. With Fundbox, you can reduce the total interest cost of your draw by repaying it early, an option that is not available from OnDeck.

Fundbox Cash Flow Line of Credit Terms

A Fundbox line of credit has the shortest potential terms we evaluated. It requires weekly payments like OnDeck, but the longest repayment term is 24 weeks, with some borrowers having to repay in 12 weeks based on their credit worthiness. It also only provides up to $100,000 in capital, which is revolving, so you can potentially borrow more over several draws.

The terms you can expect with a Fundbox line of credit are:

• Loan amount: Up to $100,000
• Minimum draw: $100 to $100,000
• Repayment term: 12 weeks or 24 weeks
• Repayment schedule: Weekly
• Collateral: Blanket UCC filing required
• Personal guarantee: Required for primary borrowers
• Speed of funding: 10 minutes to apply with a decision in as few as three minutes; ongoing funding within 24 hours

Like other alternative lenders, Fundbox requires a blanket UCC filing on business assets and a personal guarantee. Fundbox also has a quick online application that takes 10 minutes to complete and can get you an approval decision in as little as three minutes. The shorter repayment terms and lack of monthly payment options may not be perfect for every business. As an alternative, you can consider Kabbage, which offers monthly payments and terms up to 18 months.

Fundbox Cash Flow Line of Credit Qualifications

Fundbox has the lowest overall requirements compared to other lines of credit on our list of the best cash flow lenders. Besides the lack of a stated minimum credit score, Fundbox also has a low time in business and annual gross business revenue requirement. Smaller and newer businesses can qualify after six months in business if they meet an ideal target of $50,000 in annual revenue.

The minimum qualifications you can expect with a Fundbox line of credit are:

• Credit score: No minimum requirement
• Time in business: Six months or more
• Annual gross business revenue: Ideally at least $50,000

Besides Fundbox, the only bad credit business loan on our list is a merchant cash advance from National Funding. However, National Funding is more expensive than Fundbox and less flexible, requiring daily automatic payments. These lower qualifications result in the smaller dollar amounts that Fundbox lends and in the shorter repayment terms, which is one drawback business owners should evaluate when deciding to use Fundbox.

What a Fundbox Line of Credit for Cash Flow Is Missing

Fundbox doesn‘t offer credit limits greater than $100,000 or repayment terms longer than 24 weeks, making it potentially too small and inflexible for some businesses. Also, compared to several of the providers like BlueVine and OnDeck, it also doesn’t offer additional financing options like a term loan that borrowers can take advantage of. Even though these things are missing, Fundbox is a good option for startup businesses and those with low revenue.

What Users Think About Fundbox

Fundbox gets great reviews from its customers around the web. Positive reviews noted it was a great way to fund projects, with a simple application and quick funding speed. Some negative reviewers wished they could make payments monthly instead of weekly. To read more user reviews, visit our Fundbox reviews page.

How to Apply for a Cash Flow Line of Credit From Fundbox

Not only can you apply online in 10 minutes for a Fundbox line of credit up to $100,000, but Fundbox can provide you with the fastest approval decision of three minutes among the best cash flow lenders. Rates start at 0.5% per week, with weekly payments and terms up to 24 weeks.

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Payability: Best Cash Flow Lender for Ecommerce Businesses

Payability gives ecommerce businesses that sell on major marketplaces like Amazon and Walmart access to funding based on their sales. With both daily invoice financing with no maximum and future invoice loans up to $250,000 available, this is a flexible cash flow solution. Amounts vary based on sales, but rates start at 1% of gross sales for invoice financing.

Payability Cash Flow Loan Rates & Fees

Payability offers invoice financing to companies that sell goods on marketplaces like Amazon, Etsy, and Walmart. Instead of waiting to receive payment from the marketplace, Payability can get you paid for your daily invoices. This will cost you 1% to 2% of your gross sales, which can be offset by paying your suppliers early and taking advantage of any savings they offer.

The rates and fees you can expect with Payability daily invoice financing are:

• Discount rate: 1% to 2% of gross sales for daily invoices
• Prepayment penalties or termination fees: None
• Additional fees: None

This is also a great financing option if demand for your product is rising and your marketplace is demanding more inventory. By financing your daily invoices, you can stock up on inventory. There are also no prepayment penalties or termination fees with Payability, because advances are repaid as your sales come in. Although we strive to provide you with a range for expect APR, the variability of sales in your business makes it impossible to do so in this scenario.

Payability Cash Flow Loan Financing Terms

Payability has unique terms among the best cash flow lenders we evaluated. For its daily invoice financing facility, there is no maximum limit and borrowers can finance as little as $100. This gives borrowers the flexibility to fix their cash flow issues and support the growth of their business.

The terms you can expect for Payability daily invoice financing are:

• Funding amount: No maximum with daily invoices
• Advance rate: 80% for daily invoices
• Repayment term and schedule: Repaid as your marketplace invoices are paid
• Personal guarantee: Likely required
• Speed to funding: Minutes to apply with a decision and funding within 24 hours

Like other lenders, Payability requires a personal guarantee. However, like the best invoice financing companies, there are no payments that you need to make to Payability. Instead, it will collect payments directly from the marketplace and you will receive the difference collected, less the fee. Payability also stands out because unlike the other lenders on our list, there is potentially no limit to how much financing you can get.

Payability Cash Flow Loan Qualifications

Payability relies on your past sales on the marketplace you work with to determine your qualifications. It is constantly adding new marketplaces, with the largest ones being Etsy, Amazon, and Walmart. To qualify for its daily invoice financing, you must have 90 days in sales history and be doing $2,000 per month in sales. This is significantly lower than the other lenders that made our best cash flow loan list.

The minimum qualifications you can expect with Payability daily invoice financing are:

• Credit score: Not a factor
• Time in business: At least 90 days of sales history for daily invoices
• Annual revenue: At least $2,000 per month in sales for daily invoices

Payability has the lowest minimum requirements on our list of the best cash flow lenders. You can qualify after three months in business and with as little as $2,000 in sales per month for daily invoice financing. It also doesn’t consider your credit score, which means that your business can potentially qualify even if it’s small and recently started.

Other Cash Flow Loans Offered by Payability

In addition to daily invoice financing, Payability also offers a loan up to $250,000 based on future invoices, and you could potentially qualify for both. It has a weekly fee starting at 0.75%, and a slightly higher advance rate up to 85% than the daily invoice financing. You’ll also need to meet slightly higher time in business and revenue requirements, but your credit score is not a factor that Payability considers in its funding decision.

The rates, terms, and qualifications you can expect for future invoice financing from Payability are:

• Discount rate: 0.75% starting weekly fee for future invoices
• Funding amount: $3,000 to $250,000 for future invoices
• Advance rate: 80% to 85% for future invoices
• Repayment term and schedule: Repaid as your marketplace invoices are paid
• Credit score: Not a factor
• Time in business: At least eight months of sales history for future invoices
• Annual revenue: At least $7,500 a month in sales across multiple items for future invoices
• Speed to funding: Minutes to apply with a decision and funding within 24 hours

To qualify for future invoice financing with Payability, you’ll need monthly revenue of at least $7,500 with the additional requirement that your sales are split among multiple items. You must also be in business at least eight months, which is slightly higher than the requirement from a lender like Fundbox, which only requires six months in business.

What a Payability Cash Flow Loan Is Missing

Payability is only an option for businesses that sell goods on an online marketplace like Amazon, Etsy, or Walmart. If your business has outstanding invoices from a marketplace not accepted by Payability, or you are not collecting payments from an ecommerce platform, consider working with BlueVine or Fundbox.

What Users Think About Payability

Payability has mostly positive reviews around the web. Business owners who left positive reviews were happy to get funding to grow their ecommerce business. The few negative reviews we found noted some issues with getting funding. To read more reviews, visit our Payability reviews page.

How to Apply for a Cash Flow Loan From Payability

Applying with Payability is as easy as connecting your ecommerce marketplace account to verify sales. You can get approved for both daily invoice financing and a loan based on future invoices to help manage your cash flow. Rates start at 1% of gross sales and you make payments automatically when your invoices are paid.

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StreetShares: Best Cash Flow Lender for Military Veteran-owned Businesses

StreetShares offers military veteran-owned businesses access to a line of credit with a starting APR of 11% and repayment terms up to 36 months. The line of credit is available for up to $250,000, similar to Kabbage, but it requires weekly payments. StreetShares also offers a term loan up to $250,000 that borrowers can qualify for.

StreetShares Cash Flow Line of Credit Rates & Fees

StreetShares offers the lowest overall rates on our list ranging from 7% to 25%, with lower rates available for veteran-owned business. The company disclosed its 11% to 30% APR, which includes a 3.95% to 4.95% origination fee, making it one of the lowest cost borrowing options on our list.

The rates and fees you can expect with a StreetShares line of credit are:

• Expected interest rate: 7% to 25%
• Expected APR: 11% to 30%
• Origination or maintenance fees: 3.95% to 4.95% origination fee
• Prepayment penalties or termination fees: None
• Additional fees: None

With an expected APR of 11% to 30%, your daily interest cost on a draw of $10,000 will be $3.01 to $8.22. Although most borrowers needing to address a recurring cash flow shortage will benefit from a line of credit from StreetShares, it isn’t the best line of credit to get in case you have a cash flow shortage in the future. Additionally, although there are no prepayment penalties, you will have to pay the entire interest charge even if you repay the loan early.

StreetShares Cash Flow Line of Credit Terms

The largest line of credit from StreetShares is the same as Kabbage and BlueVine, at $250,000. The weekly payments are also comparable to the other lines of credit featured in our list of the best cash flow lenders. However, StreetShares stands out by offering repayment terms as long as 36 months, giving business owners an extended period to repay their borrowing.

The terms you can expect for a StreetShares line of credit are:

• Loan amount: $5,000 to $250,000
• Repayment term: Three to 36 months
• Repayment schedule: Weekly
• Collateral: Blanket UCC filing required
• Personal guarantee: Required from the primary borrower
• Speed of funding: As little as two days

Like other lenders, StreetShares requires a blanket UCC filing and personal guarantee when you apply for funding. The exact terms you receive on your line of credit will depend on the qualifications of your business. However, regardless of the terms you get, it takes an extra day to get funded compared to BlueVine and OnDeck, which offer next day funding.

StreetShares Cash Flow Line of Credit Qualifications

StreetShares requires a higher minimum credit score than most lenders of at least 600, which is similar to BlueVine. However, StreetShares has the lowest annual gross business revenue we reviewed at only $25,000, with Fundbox being the only comparable line of credit with a minimum requirement of $50,000.

The minimum qualifications you can expect with a StreetShares line of credit are:

• Credit score: At least 600 (check your score for free)
• Time in business: At least one year
• Annual gross business revenue: At least $25,000

Your business will still need to be operational for at least a year to qualify for a line of credit from StreetShares. Businesses wanting a shorter requirement should consider a lender like Kabbage or Fundbox. If the credit score requirement is a major barrier for your business, you may also want to consider a bad credit business loan to address any shortages in cash flows.

Other Cash Flow Loans Offered by StreetShares

StreetShares also offers a term loan up to $250,000 with an APR of 7.19% to 29.9%. The term loan has weekly payments up to 36 months, and the same minimum requirements as the line of credit. To qualify, you must have a minimum credit score of 600, be in business for at least a year, and have annual revenues of at least $25,000.

The costs, terms, and qualifications you can expect with a cash flow loan from StreetShares are:

• Expected APR: 7.19% to 29.9%, including a 2.95% to 4.95% origination fee
• Loan amount: $5,000 to $250,000
• Repayment terms and schedule: Three to 36 months with weekly payments
• Credit score: At least 600 (check your score for free)
• Time in business: At least one year
• Annual revenue: At least $25,000

Borrowers applying for a term loan can receive more money than they would with a line of credit. However, it isn’t revolving, so once you pay back the loan you cannot borrow the funds again without submitting an additional application. If you are considering getting both, but cannot meet the minimum qualification requirements, then consider OnDeck.

What a StreetShares Cash Flow Loan Is Missing

StreetShares doesn‘t fund loans faster than two business days, which makes it an inadequate solution for immediate funding. Besides that, you’ll also find it has a high minimum personal credit score requirement of 600 or higher compared to other lenders like Fundbox or Kabbage.

What Users Think About StreetShares

StreetShares received mostly positive reviews around the web. Positive reviews from customers noted its fair rates and great customer service. Some negative reviews were unhappy that they couldn’t receive funding from StreetShares. To read more, visit our StreetShares reviews page.

How to Apply for a Cash Flow Loan From StreetShares

You can apply online with StreetShares in a few minutes. Funding takes up to a week and you could get up to $250,000 as a loan or line of credit, with weekly payments and rates starting at 7%. These are the lowest rates offered on our list, with repayment terms up to 36 months.

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National Funding: Best Cash Flow Loan for Businesses With High Credit Card Revenue

National Funding offers a merchant cash advance up to $250,000 to businesses with high credit card revenue. It also has no minimum credit score requirement. However, the APR ranges from 35% to 150% and the merchant cash advance requires daily payments, making it one of the more expensive and inflexible options on our list. National Funding also offers a term loan to borrowers, with slightly higher minimum requirements.

National Funding Merchant Cash Advance Rates & Fees

National Funding charges a factor rate from 1.17 to 1.36 times your loan, which means for every $10,000 you borrow, you’ll need to repay at least $11,700. This results in an APR that ranges from 35% to 150%, and a daily interest cost of $9.59 to $41.00 for every $10,000 borrowed. The factor rate from National Funding is all-inclusive and there are no origination fees for the loan.

The rates and fees you can expect with a National Funding merchant cash advance are:

• Factor rate: 1.17x to 1.36x
• Estimated APR: 35% to 150%; customized for each borrower based on a set percentage of your batched credit card sales
• Origination fees: None

You should only consider a merchant cash advance after you‘ve evaluated and exhausted your other financing options. Although there are no origination fees, it‘s important to keep in mind that you pay National Funding based on gross credit card receipts and that taxes and tips are not factored out. This might temporarily relieve cash flow problems, but cause more issues for your business in the long run.

National Funding Merchant Cash Advance Terms

You can get as much as $250,000 from National Funding, depending on the volume of credit card transactions you process. Although you will have up to 18 months to repay the advance, you make payments daily from your credit card settlement for that day. This means that the actual time to repay it will depend on your sales.

The terms you can expect with a National Funding merchant cash advance are:

• Loan amount: Up to $250,000
• Repayment term and schedule: Up to 18 months and payments automatically deducted based on a set percentage of your credit card sales each time they are batched
• Collateral: Blanket UCC filing on business assets required
• Personal guarantee: Required, from the primary borrower
• Speed to funding: Quick online application with approval as soon as the same day and funding in as little as 24 hours

Like the other best cash flow lenders we reviewed, National Funding requires a blanket UCC filing and personal guarantee. You can get funded quickly, with an approval decision the same day and funding in 24 hours. Meeting the minimum qualifications isn’t difficult, but try other options like Fundbox before applying because the cost of a merchant cash advance can be high.

National Funding Merchant Cash Advance Qualifications

National Funding does not have a minimum personal credit score requirement. It also has no minimum annual revenue requirement, but you still need to have at least $3,000 in credit card transactions per month to qualify. This is because of the higher rates charged by National Funding and the fact that it takes payments directly out of your daily credit card settlements.

The minimum qualifications you can expect with a National Funding merchant cash advance are:

• Personal credit score: No minimum requirement
• Time in business: At least one year
• Annual revenue: No requirement, but you must have monthly credit card transactions over $3,000
• Required documentation: Credit card statements for four months

Your business will need to be operational for at least a year, making this an inaccessible option for newer businesses. Like Fundbox, National Funding doesn’t have a stated minimum credit score requirement. However, unlike the other lenders on our list, your revenue must come from credit card transactions to qualify.

Other Cash Flow Loans Offered by National Funding

Besides a merchant cash advance, National Funding also offers a term loan up to $500,000. Most borrowers won’t qualify for both, but National Funding encourages borrowers with low credit to start with the merchant cash advance. After their credit improves, borrowers can move into the term loan for additional funding. The term loan has a lower APR than the merchant cash advance, but it is potentially more expensive than the other term loans from BlueVine and OnDeck that we reviewed.

The costs, terms, and qualifications you can expect with a National Funding cash flow loan are:

• Expected APR: 10% to 136%
• Loan amount: $5,000 to $500,000
• Repayment terms and schedule: Automatic payments
• Credit score: No minimum score required, but it does do a hard credit check
• Time in business: At least one year
• Annual revenue: At least $100,000

Qualifications requirements are also slightly higher than its merchant cash advance. Like the merchant cash advance, you must be in business for at least one year, plus you’ll need annual revenue of at least $100,000 to qualify. Like Fundbox, National Funding doesn’t disclose a minimum credit score requirement. However, both lenders will still check your credit.

What a National Funding Cash Flow Loan Is Missing

National Funding is the most expensive financing option on our list of the best cash flow lenders. Business owners should only apply if they have exhausted their other options and cannot get financing elsewhere. An alternative with no minimum credit score requirement that’s worth applying for is Fundbox.

What Users Think About National Funding

National Funding reviews around the web are mostly positive. Positive reviews left by business owners noted that the process was quick and that they were happy to get funded. Customers who left negative reviews were denied funding or did not appreciate having their credit checked during the application process. To read more, visit our National Funding reviews page.

How to Apply for a Cash Flow Loan From National Funding

National Funding has a quick online application that requires four months of your most recent credit card statements. You can get a merchant cash advance up to $250,000 with an APR of 35% to 150%. Once your credit score improves, you can graduate to a term loan offered by National Funding with lower rates and less frequent payments.

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Alternatives to the Best Cash Flow Loans

As a business owner, selecting the best cash flow loan is an important step in resolving any shortage that your business is experiencing. For smaller purchases and interest free financing for 30 days, a small business credit card is a great alternative. You can also apply for a line of credit from a traditional lender if you can wait for funding, which can potentially get you lower rates.

The alternatives to the best cash flow lenders you should consider are:

• Business credit cards: The best business credit cards provide business owners with rewards while helping them manage smaller cash flow expenses on demand. Our business credit card marketplace lets you browse credit cards and find the best one for your business.
• Line of credit from a traditional lender: When your business has issues with cash flow, always consider working with a traditional line of credit lender. Although the funding process can take a few weeks and you need a higher minimum credit score to qualify, you will probably get much better rates and repayment terms.

Bottom Line

The best cash flow lenders offer quick applications and several financing products to help small businesses address cash flow shortfalls. The best cash flow loans include term loans, lines of credit, invoice financing, and merchant cash advances. Each one brings some advantages, but the cash flow problem your business is facing and your qualifications determine the best options.

OnDeck is the best cash flow lender on our list, offering borrowers both a term loan up to $500,000 and a line of credit up to $100,000. Rates for the term loan start at 9%, with weekly payment over three years. Its online application takes 10 minutes to complete and it can have you funded the next business day.

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