VIEW RANKINGS FOR BEST COMPANIES BY PRACTICE AREA:
Services
- Credit Card Processing
- High Risk Processing
- Merchant Cash Advance
- CBD Processing
- Small Business Loans
- Retail Processing
- Mobile Processing
- Check Processing
- ACH Processing
- Merchant Services
- Multi-Currency Processing
- Online Credit Card Proces...
- Credit Card Surcharging
- Alternative Check Process...
- Cash Discount
- Tablet PoS
- Point of Sale Systems
- ISO Agent Programs
- Equipment Leasing
- Chargeback Prevention
- Flat Rate Credit Card Pro...
- Merchant Processing
- Acquiring Banks
- ATM Machines
- More Categories
Best
Top 10 Merchant Cash Advance Companies
Key Facts For Advanced Merchant service...
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- Major Clients:
- Available upon request.
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- Year Founded:
- 2006
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- Fulltime Employees:
- 250 - 500
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- Active Clients:
- 200+
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- Revenue:
- $10 million - $50 million
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- Client Retention Rate:
- 93
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- Pricing:
- M
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- Website:
- www.advancedhq.com
Key Facts For Credit Card Processing Sp...
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- Major Clients:
- Main Street Technologies, Advance Auto Par...
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- Year Founded:
- 2010
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- Fulltime Employees:
- 30
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- Active Clients:
- 1,000+
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- Revenue:
- $250,000 - $1 million
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- Client Retention Rate:
- 98
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- Pricing:
- M
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Key Facts For MBNCARD, Inc.
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- Major Clients:
- Confidential., Love Us, The Brow Spa, Whal...
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- Year Founded:
- 1991
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- Fulltime Employees:
- 20
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- Active Clients:
- 10,500+
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- Revenue:
- $1 million
-
- Client Retention Rate:
- 96
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- Pricing:
- L
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- Website:
- merchantsbancard.com
Key Facts For BankCard USA
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- Major Clients:
- Coastal Dermatology, Supertone Hearing, Lu...
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- Year Founded:
- 1998
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- Fulltime Employees:
- 44
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- Active Clients:
- 20,000+
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- Revenue:
- 30-50M
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- Client Retention Rate:
- 96
-
- Pricing:
- L
-
- Website:
- www.bankcardusa.com
Key Facts For CardPayment Solutions
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- Major Clients:
- Available upon request.
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- Year Founded:
- 1999
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- Fulltime Employees:
- 51
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- Active Clients:
- 59
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- Revenue:
- $27 Million
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- Client Retention Rate:
- 90
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- Pricing:
- L
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- Website:
- www.csiprocessing.com
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Key Facts For Finical, Inc.
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- Major Clients:
- Available upon request.
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- Year Founded:
- 2012
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- Fulltime Employees:
- 1 - 10
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- Active Clients:
- 10000+
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- Revenue:
- Est. $1 million
-
- Client Retention Rate:
- 96
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- Pricing:
- L
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- Website:
- finicalinc.com
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Key Facts For On Deck
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- Major Clients:
- drinknomsi.com, getthatwholesale.com, iHea...
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- Year Founded:
- 2007
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- Fulltime Employees:
- 75
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- Active Clients:
- 350+
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- Revenue:
- $5 million - $10 million
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- Client Retention Rate:
- 90
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- Pricing:
- L
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- Website:
- www.ondeckcapital.com
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Key Facts For 4Pay Incorporated
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- Major Clients:
- splunk , sungard , beanstream , VeriFone
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- Year Founded:
- 2010
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- Fulltime Employees:
- 11
-
- Active Clients:
- 327
-
- Revenue:
- $3 million - $5 million
-
- Client Retention Rate:
- 90
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- Pricing:
- H
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- Website:
- www.4pay.ca
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Key Facts For Cardsmart Merchant Servic...
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- Major Clients:
- Available upon request.
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- Year Founded:
- 1989
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- Fulltime Employees:
- 10 - 50
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- Active Clients:
- 100+
-
- Revenue:
- $1 million - $5 million
-
- Client Retention Rate:
- 90
-
- Pricing:
- M
-
- Website:
- www.cardsmartchoice.com
Key Facts For Beacon Payments, LLC
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- Major Clients:
- Available upon request.
-
- Year Founded:
- 2008
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- Fulltime Employees:
- 37
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- Active Clients:
- 10,000+
-
- Revenue:
- 5.0M
-
- Client Retention Rate:
- 94
-
- Pricing:
- M
-
- Website:
- www.beaconpayments.com
Evaluation Criteria: Best Merchant Cash Advance Loans
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
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
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
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
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.