Rating based on 18 reviews

Merchant Cash

  • Business loans up to $1,000,000
  • Low-interest starting from 0.5%
  • Repayment up to 30 years

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Author Merchant Cash. Screenshot of Merchant Cash website.
[Accessed May 2, 2023]

Merchant Cash - High approval rates

At Merchant Cash, they know how difficult it is to get a finance plan when your business is in a crisis.

They have helped a number of businesses both new and already existing enterprises during the most difficult of times. Due to the fact that they commend people that open new operations, they would never give them much trouble when they are looking for a business loan.

More than 50 lenders

Having more than 50 brokers means there will never be someone who is not willing to help you in terms of your business loan queries. Seeing that the lenders all offer different payment plans, not all businesses will be able to afford the different interest rates some of the lenders offer. However, with a variety of 50 lenders offering online loans for businesses, there is surely one or two brokers who will be affordable for your budget.

97% Business loan approval rate

They try to run a smooth operation, but they know that they will never be perfect. Their loan applications have given a lot of hope to businesses that have lost all sense of believing that their operation will ever be a success. 

However, it is important to notice that they can only do so much. That speaks to say, if a company is not in good financial standing and hasn’t been paying debts for months on end, they can’t help much and may not be able to assist with a bad credit loan. They basically, help people or rather businesses that help themselves.

Loans between $5,000 and $500,000

Clients that are interested to apply should fill in the online loan application form. The form is easy to complete and will not take more than 10 minutes to complete. This is the initial step of the business loan application and has to complete with utmost honesty.

If you think you are going to lie about certain information to increase your chances of getting an advance, they will find out when they do their verification process and they will not continue any further with your loan application. Therefore, honesty is the best policy and will save you a lot of time and effort.

Credit advance verification and assessment

This is where they check if every piece of documentation corresponds with the information you furnished them during the online application stage. If everything is in order, they will approve your business loan and require you to accept the terms and conditions of the loan before you sign the agreement.

Money deposited in 24 hours

After everything has been signed and settled, the money will be available in your bank account in the next 24 hours for your disposal.

Merchant Cash – Business loan

  • Loan Type Business loans
  • Interest Rate 0.515% p/a
  • Loan Amount up to $1,000,000
  • Repayment 3 months to 30 years

Benefits of Merchant Cash

  • Secured loans
  • Unsecured business loans
  • Vehicle/Equipment finance
  • Invoice factoring

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Merchant Cash - Effective business loans

Clients can get a minimum of $5000 to a maximum of $500 000 once their business loan has been approved. However, the first-time members will get a relatively lower amount and it will gradually increase as their payment patterns are recognized.

Why choose Merchant Cash?

  • All the credit advance options are unprotected which means there is no collateral involved in taking the short-term loan.
  • The money will be made available in your bank account in 24 hours. This is great for people that weren’t looking in waiting for a long time before using the money.
  • They welcome businesses with bad credit.
  • The repayments are easy and not expensive to follow through.

What do you need to qualify for a business loan at Merchant Cash?

  • The organisation must have been existing for more than 12 months. This is due to the fact that they need to be able to determine if the business has been viable and has made profits before they can grant you a business loan. They are not looking into giving opportunities that look good on paper but don’t have any practicality in the real world. They need to see that a business has set foot in the industry and has tasted all the challenges that come with owning an enterprise.
  • The business needs to make at least $5000 in profits on a monthly basis in order to qualify for business finance. This is another way they would be able to determine if the organisation can pay off its debts or not.

Who can apply for a business loan at Merchant Cash?

  • Clients need to be Australian or permanent citizens
  • Clients need to be 18 years or older to apply for a business loan
  • The client needs to possess a working banking account
  • The client needs to have an operating business that is registered in their name

Client’s feedback and remarks

They have a variety of good remarks from their clients. Essentially, it is good to know that they are delivering a great service that has made some customers refer Merchant Cash to their own friends. Knowing that they have loyal customers is another sense of motivation that keeps them going and excelling even when they are not given much of a platform.

Customer Reviews & Testimonials

Super simple application process - only a few minutes to complete the application and I was proved for my business loan within the same day. The money was transferred to my business account with...

Ryan S
— Melbourne —

Merchant Cash offered my business very affordable rates and repayment terms. I was happy with the experience and would recommend them to others.

Taylor B
— Adelaide —

Merchant Cash Contact

Physical Address

Opening Hours

  • Monday 07:00 – 21:00
  • Tuesday 07:00 – 21:00
  • Wednesday 07:00 – 21:00
  • Thursday 07:00 – 21:00
  • Friday 07:00 – 21:00
  • Saturday 09:00 – 17:00
  • Sunday – Closed