How the comparison works. Every structure below is reduced to two numbers: total dollar cost, and an estimated annualized cost (total cost ÷ amount ÷ years) — a simplified, apples-to-apples way to compare a 10-year SBA loan against a 10-month merchant cash advance. This is not a regulated "APR" calculation — think of it as a fair comparison metric, not a legal disclosure figure.
Amount You Need to Borrow
🏛️ SBA 7(a)
🏦 Conventional Bank
💻 Online / Fintech Lender
💸 Merchant Cash Advance
Repaid via daily/weekly holdback, not a fixed monthly payment
| Financing Type | Payment | Total Cost | Est. Annualized Cost |
|---|
For educational purposes only. Rates, fees, and factor rates shown are defaults for illustration — actual quotes vary by lender, credit profile, industry, and market conditions at the time you apply. SBA guaranty fees are tiered by loan size and change periodically; verify current fees at sba.gov. This tool does not represent any specific lender's actual pricing. Nothing here constitutes financial advice or a discouragement from applying for credit. Every person has the right to apply for credit from any lender.