Last updated: December 1, 2024

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Best
Top 10 Merchant Cash Advance Companies

Best Merchant Cash Advance Loans - December 2024

Rank

Company Name

Year
Founded

Revenue

Fulltime
Employees

Active
Clients

Client
Retention
Rate

Pricing

Major Clients

Other Core
Services

Rates

Rates

Calculation Methods

Calculation Methods

Customer Support

Customer Support

Efficiency

Efficiency

Security

Security

Overall Score

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100
 
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Change in Rank

Advanced Merchant services Advanced Merchant services
Talk to a Representative: 888-355-8472
Key Facts For Advanced Merchant service...
  • Major Clients:
    Available upon request.
  • Year Founded:
    2006
  • Fulltime Employees:
    250 - 500
  • Active Clients:
    200+
  • Revenue:
    $10 million - $50 million
  • Client Retention Rate:
    93
  • Pricing:
    M
  • Website:
    www.advancedhq.com
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Reviews (87)
Positive 44.8% 39 Reviews
Thank you Gary King for saving us all of this...
Cindy Stapleton
Positive
Great service and help save me lots of fees ....
Umesh Patel
Negative 55.2% 48 Reviews
worst merchant company ever ! don’t trust and...
mahan nasheri

Rates

Calculation Methods

Customer Support

Efficiency

Security

Credit Card Processing Specialists Credit Card Processing Specialists
Talk to a Representative: 616-275-5306
Key Facts For Credit Card Processing Sp...
  • Major Clients:
    Main Street Technologies, Advance Auto Par...
  • Year Founded:
    2010
  • Fulltime Employees:
    30
  • Active Clients:
    1,000+
  • Revenue:
    $250,000 - $1 million
  • Client Retention Rate:
    98
  • Pricing:
    M
  • Website:
    www.creditcardprocessingspecialists.com
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Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Rates

Calculation Methods

Customer Support

Efficiency

Security

MBNCARD, Inc. MBNCARD, Inc.
Talk to a Representative: 877 871-4629
Key Facts For MBNCARD, Inc.
  • Major Clients:
    Confidential., Love Us, The Brow Spa, Whal...
  • Year Founded:
    1991
  • Fulltime Employees:
    20
  • Active Clients:
    10,500+
  • Revenue:
    $1 million
  • Client Retention Rate:
    96
  • Pricing:
    L
  • Website:
    merchantsbancard.com
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Reviews (25)
Positive Review 25 Reviews
Best rates, fast set up
We use MBN Payment Systems for credit card pr...
Philomena Helen
Positive Review
Well-informed service
The people from MBN that I was working with i...
Sophronia Alice
Positive Review
Easy set up for non-tech users
Learned about MBN when I was doing some work...
Olsen Zaiden

Rates

Calculation Methods

Customer Support

Efficiency

Security

Strong Performers
BankCard USA BankCard USA
Talk to a Representative: 1 800-589-8200
Key Facts For BankCard USA
  • Major Clients:
    Coastal Dermatology, Supertone Hearing, Lu...
  • Year Founded:
    1998
  • Fulltime Employees:
    44
  • Active Clients:
    20,000+
  • Revenue:
    30-50M
  • Client Retention Rate:
    96
  • Pricing:
    L
  • Website:
    www.bankcardusa.com
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Negative Review 0 Reviews
Anonymous

Rates

Calculation Methods

Customer Support

Efficiency

Security

CardPayment Solutions CardPayment Solutions
Talk to a Representative: 1 559-275-7577
Key Facts For CardPayment Solutions
  • Major Clients:
    Available upon request.
  • Year Founded:
    1999
  • Fulltime Employees:
    51
  • Active Clients:
    59
  • Revenue:
    $27 Million
  • Client Retention Rate:
    90
  • Pricing:
    L
  • Website:
    www.csiprocessing.com
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Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Rates

Calculation Methods

Customer Support

Efficiency

Security

Finical, Inc. Finical, Inc.
Talk to a Representative: 888-707-7258
Key Facts For Finical, Inc.
  • Major Clients:
    Available upon request.
  • Year Founded:
    2012
  • Fulltime Employees:
    1 - 10
  • Active Clients:
    10000+
  • Revenue:
    Est. $1 million
  • Client Retention Rate:
    96
  • Pricing:
    L
  • Website:
    finicalinc.com
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Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Rates

Calculation Methods

Customer Support

Efficiency

Security

Contenders
7
2007
$5 million - $10 million
75
350+
90
L
drinknomsi.com, getthatwholesale.com, iHealthspot, Inc., Jazz at Jacks
97
97
100
96
100
98%
NC
On Deck On Deck
Talk to a Representative: 888-269-4246
Service Offerings:
Key Facts For On Deck
  • Major Clients:
    drinknomsi.com, getthatwholesale.com, iHea...
  • Year Founded:
    2007
  • Fulltime Employees:
    75
  • Active Clients:
    350+
  • Revenue:
    $5 million - $10 million
  • Client Retention Rate:
    90
  • Pricing:
    L
  • Website:
    www.ondeckcapital.com
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Rates

Calculation Methods

Customer Support

Efficiency

Security

4Pay Incorporated 4Pay Incorporated
Talk to a Representative:
Service Offerings:
Key Facts For 4Pay Incorporated
  • Major Clients:
    splunk , sungard , beanstream , VeriFone
  • Year Founded:
    2010
  • Fulltime Employees:
    11
  • Active Clients:
    327
  • Revenue:
    $3 million - $5 million
  • Client Retention Rate:
    90
  • Pricing:
    H
  • Website:
    www.4pay.ca
Request A Quote
Positive0% Write Review

 

Negative0% Write Review

 

Neutral0% Write Review

 

Rates

Calculation Methods

Customer Support

Efficiency

Security

Cardsmart Merchant Services, Inc. Cardsmart Merchant Services, Inc.
Talk to a Representative: 866-767-2273
Key Facts For Cardsmart Merchant Servic...
  • Major Clients:
    Available upon request.
  • Year Founded:
    1989
  • Fulltime Employees:
    10 - 50
  • Active Clients:
    100+
  • Revenue:
    $1 million - $5 million
  • Client Retention Rate:
    90
  • Pricing:
    M
  • Website:
    www.cardsmartchoice.com
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Negative Review 2 Reviews
Anonymous
Negative Review
Anonymous

Rates

Calculation Methods

Customer Support

Efficiency

Security

Beacon Payments, LLC Beacon Payments, LLC
Talk to a Representative: 1 877-986-4445
Key Facts For Beacon Payments, LLC
  • Major Clients:
    Available upon request.
  • Year Founded:
    2008
  • Fulltime Employees:
    37
  • Active Clients:
    10,000+
  • Revenue:
    5.0M
  • Client Retention Rate:
    94
  • Pricing:
    M
  • Website:
    www.beaconpayments.com
Request A Quote
Reviews (10)
Positive Review 10 Reviews
Amazing option
I am very very positive about this company an...
Christopher Mykiway
Positive Review
I have referred several friends to Beacon sin...
Brittany Carter
Positive Review
My rep Justin DaRosa was great. He helped me...
mike daher

Rates

Calculation Methods

Customer Support

Efficiency

Security

Evaluation Criteria: Best Merchant Cash Advance Loans
Rates
Rates
Merchants looking for cash advance services are looking for a service which has fair rates associated with the loan or cash advance. During our analysis of merchant cash advance providers we compare the fees and rates associated with the cash advance to ensure the fees the merchant will incur over their use of the cash advance is competitive to others offering similar cash advances and financial stability solutions.
Calculation Methods
Calculation Methods
There are a number of different methods which merchant cash advance providers can use to calculate the payments required by the merchant for repayment in addition to how fees and interest rates are being calculated. We compare the different methods used by merchant cash advance services in order to recommend the vendors which are offering merchants an acceptable way to repay the cash advance they receive.
Customer Support
Customer Support
Due to the nature of the service it is important for the cash advance loan provider to provide their merchants with an effective channel of communication to discuss terms of repayment, the terms of their agreement, or to discuss the requirements of receiving a loan. Customer support needs to be available to both new and existing clients to ensure clear communication and understanding between both parties.
Efficiency
Efficiency
The process used to apply for and determine the eligibility of receiving a merchant cash advance should be simple and straight forward for the merchant. The merchant should be able to simply provide the information requested in order for their eligibility to be determined. The internal process of the merchant cash advance company should also be quick and efficient to deliver a decision as soon as possible.
Security
Security
It is also important for the security concerns and practices of the merchant cash advance company to be comprehensive to ensure that their client information is being held securely. It is also important for the vendor to ensure that payment information and repayment efforts to be properly secured and classified to protect the identity and the security of sensitive information from falling into the hands of unauthorized parties.
 
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