Answer 5 questions about your business and get a personalized recommendation for the right type of financing — ranked by cost and fit for your specific situation.
1
How long has your business been operating?
Time in business affects which products you qualify for more than almost any other factor.
2
What is your average monthly revenue?
Based on your last 3–6 months of bank deposits.
3
What is your personal credit score (approximate)?
Your personal FICO score affects rates and eligibility for most business lending products.
4
How quickly do you need the funds?
Urgency is the biggest single factor in which products are actually available to you right now.
5
What do you need the funding for?
Use of funds determines which product type is the best structural fit — not just which you can access.
How do I know what type of business funding I need?
The right product depends on five factors: time in business, monthly revenue, credit score, urgency, and use of funds. The interactive tool above weighs all five and returns a ranked recommendation. The core logic: urgency often forces your hand (MCA is the only 24-72 hour option), and use of funds determines structural fit (equipment financing is always cheaper than MCA for equipment when time allows).
What is the cheapest type of small business financing?
From cheapest to most expensive: grants (free), SBA loans (10-13% APR), CDFI loans (6-20%), equipment financing (6-18%), business line of credit (8-30%), invoice factoring (12-60% annualized), business credit card (18-30%), online term loan (20-60%), merchant cash advance (60-120%+ true APR). Use the cheapest product you qualify for given your timeline.
How quickly can a small business get funded?
Speed by product: MCA (24-72 hours), invoice factoring (1-3 days), online lender (1-3 days), equipment financing (3-10 days), LOC draw on existing line (same day), new LOC (1-4 weeks), SBA Express (5-10 business days), SBA 7(a) (30-90 days). If you need capital under 72 hours, MCA is typically the only option.
Can I get a business loan with bad credit?
Yes — several products serve borrowers with challenged credit. MCAs approve with 500+ FICO, CDFIs serve 550+ FICO, and invoice factoring has no minimum credit score (underwritten on your client's creditworthiness). The trade-off is cost: lower credit means higher rates and fewer options. Building credit over 12-24 months while using accessible products is usually the right long-term strategy.
Not Sure Which Path Is Right? Talk to T.A.G.
We will tell you what you qualify for across multiple products — including options besides MCA — before you commit to anything.
