Small Business Loans



Merchant cash advances allow small businesses access to quick capital. MCAs are paid off through credit card transactions. Instead of establishing a payment schedule with a fixed amount due each month, MCA companies will take a percentage of your daily credit card transactions until the loan is paid off. This is helpful because it means the amount you pay per month is directly tied to the amount of revenue you bring in. As a flexible loan option, MCAs provide businesses with access to quick funding without intense loan requirements.

 Gamma Funding as our the best alternative lender for merchant cash advances.

Why Gamma Funding?

Gamma Funding has an easy application process, quick funding and excellent customer service. Business owners can get funding between $5,000 and $500,000, which is one of the highest advances of any company. 


Application and Approval Process

Gamma Funding has a simple, short application and approval process. Before you even contact us, you can fill out an instant quote questionnaire on our website. If you're interested in partnering with Gamma Funding, you can either fill out an online application or call us to provide your information directly to our account executive. You answer some initial basic questions – where your business is located, how long you've been open and your total monthly sales – to get an estimate of how much of an advance you might be eligible for. 

Once you've prequalified, the company provides a preliminary funding amount. This isn't the amount you may ultimately be approved for, but it gives you an idea of how much of an advance you might receive so you can make an informed decision on whether to proceed with the application process. Gamma Funding gives you this early estimate. It's an ideal way to get an understanding of what you qualify for and whether Gamma Funding is the right company for your financial needs. Most of the other lenders don't provide an estimate until the entire application is complete.

After submitting your application, you get to see a more accurate loan amount. You then need to confirm your total monthly revenue and credit card sales by providing bank and credit card statements.

An underwriter will review all the information and run a credit check to determine if you're ultimately approved for a cash advance and, if so, the amount and terms. The approval process can be completed within a couple of hours, with funds available in as little as one day. This makes Gamma Funding an ideal quick-funding option. 

Who Qualifies?

Several variables determine which businesses qualify for cash advances. Your business's total monthly revenue and credit card sales, as well as your credit score, determine your eligibility. Overall, Gamma Funding has pretty relaxed qualifications. The company focuses mainly on revenue rather than credit score when reviewing loan applicants.

Although there are no exact rules about who gets approved, there are several minimum requirements to even be considered. You must provide a government-issued photo ID, a voided check from a business checking account, three bank statements from your business's account, and your last three credit card processing statements.

Gamma Funding's minimum requirements for the time a business needs to be open and its credit card revenue are lower than what most lenders require. Many lenders require businesses to be established for at least a year before they can get funding. Gamma Funding provides various funding levels based on qualifications, with more established businesses able to qualify for more funding.

Loan Terms

Merchant cash advances are different from traditional small business loans. With traditional small business loans, you make monthly loan payments, but cash advances are paid back via credit card sales. You repay the loan by giving Gamma Funding a fixed percentage of your future Visa, MasterCard, American Express and Discover card sales until you've paid off the predetermined payback amount.

One way Gamma Funding determines the exact percentage it will charge your company is by comparing your total monthly sales to your monthly credit card sales. Businesses with a high proportion of credit card sales typically have a lower fixed percentage fee, while those with lower credit card sales have a higher percentage. Your business's financial history and other qualifications are also considerations for the interest rate.

What makes cash advances so attractive is that payments are linked solely to your business's daily credit card sales, so when sales are slow, payments are small. We like that there are no monthly minimums with Gamma Funding. Some of the other lenders we considered require you to pay a minimum amount each month, regardless of your credit card revenue. Gamma Funding's model means you pay off more of your loan when your business is doing well, while Gamma Funding will take less money when sales are down.

Gamma Funding doesn't make you change credit card processors to get an advance. Many of the other lenders we looked at have specific lists of processors you need to use, or require you to switch to their preferred processor for you to be eligible for a loan. If Gamma Funding doesn't have a relationship with your credit card processor, it sets up a pass-through account. If it does work with your credit card processor, the processor will withhold Gamma Funding's percentage from your credit card sales and transfer that money directly to Gamma Funding on a daily basis.  

Once you have the loan, there are no restrictions on its uses. Some of the other lenders we evaluated place limits on how you can spend the money. The lack of restrictions and collateral requirement makes Gamma Funding's loans flexible for small business owners looking for quick funding.

Customer Service and Reputation


Each time you call, a representative will answer quickly. These reps will skip the hard sell and instead spent time answering our questions. Most of the other lenders are more interested in determining our loan eligibility before they answered any of our questions.

You can reach the Gamma Funding customer service department by phone or email between 9 a.m. and 6 p.m. (ET) Monday through Friday.