Canadian Financing Comparison

 

AdvanceIt's Merchant Cash Advance Compared to Alternative Cana Financing Options

Grow Your Business with a Merchant Cash Advance

AdvanceIt is the only Canadian source of Merchant Cash Advances. Unlike traditional loans, Merchant Cash Advances have no fixed payments, timeframe or interest rates. AdvanceIt approves businesses in industries that banks often reject. Our program is tailored to help Canadian small businesses achieve growth and increased profitability without having to deal with the red-tape encountered when obtaining a loan. Business owners do not have to put up outside collateral to qualify or go through the loan-qualification process. If your business has a slow month, you will not have to struggle to come up with a loan payment.

 

ADVANCEIT'S MERCHANT CASH ADVANCE COMPARED TO OTHER FUNDING OPTIONS

 

(for a typical funding of up to $50,000)

AdvanceIt

Merchant Cash Advance

Bank Loan

Credit Cards

Lines of Credit

BDC Loan

No Fixed Payments

Merchant Cash Advance        

No Personal Collateral

Merchant Cash Advance Merchant Cash Advance Merchant Cash Advance Merchant Cash Advance Merchant Cash Advance

No Application Fees

Factoring   Factoring Factoring Factoring

No Business Plan Required

Factoring   Factoring Factoring  

No Financials or Tax Returns Required

Credit Card Cash Advance   Credit Card Cash Advance Credit Card Cash Advance  

Short and Simple Application

Credit Card Cash Advance   Credit Card Cash Advance    

Terms Align with Your Cash Flow

Credit Card Cash Advance       Credit Card Cash Advance

Cash within 72 hours

Credit Card Cash Advance   Credit Card Cash Advance