Merchant Cash Advance

Flexible and convenient access to working capital.

Take on your next challenge with a business term loan from ZhyDen

Looking for a quick business funding solution? Our Merchant Cash Advances provide up to $250,000 with repayment terms up to 12 months. We understand that time is money, which is why if you’re approved, your funds can be delivered as soon as the same business day.

At ZhyDen, our Merchant Cash Advances offer small businesses the funding they need to grow. Our MCA’s are a flexible option to traditional loans. Plus, if you’re approved, your funds can be delivered as soon as the same business day.

Lump Sum

from $5K - $250K

5-Year

maximum repayment term

Predictable

affordable payments

Funding that moves at lighting speed

Step 1.

Complete the application

Our application is pretty simple, and you can apply online or over the phone.

Step 2.

Get a decision

Your dedicated loan advisor will review your options with you

Step 3

Receive your funds

Complete the online checkout and receive your funds as soon as the same day*

Requirements

Minimum Requirements

Time in Business

1 Year

Personal FICO Score

550

Business Annual Revenue

$100k

Business Bank Account

Yes

FAQs

Learn more about business term loan

1. How soon can I get my funds?

ZhyDen's term loan can fund to your bank account by 5 p.m. the same day you’re approved.† In comparison, standard ACH transfers from a bank can take up to three business days.

2. Can I get more funds after my first loan?

Many OnDeck Term Loan customers renew their loan. When you renew, all remaining interest on the original term loan is waived and you’re issued a new loan. You’ll also get a lower origination fee — as low as 0%.1

3. Can I repay my ZhyDen Term Loan early?

Yes. If you qualify for our 100% prepayment benefit option, you can pay your loan off early in full and have all remaining interest waived without any penalty or fee.‡

4. Are payments fixed or variable?

Payments for ZhyDen’s term loan are fixed, so you’ll pay the same amount from the beginning to the end of your repayment term. This allows you to manage your cash flow with no surprises or large costs up front.

5. How does payback work?

Repaying your term loan is hassle free with automatic bank account deductions. The predictable daily or weekly payment is based on your loan amount and term length. It’s intended to be manageable based on your application information.

6. How do business term loans work?

Business term loans are a type of business funding in which a lump sum of cash is issued to a borrower (business owner) and repaid on a regular schedule over a predetermined period of time, known as the loan term. These loans typically consist of daily, weekly or monthly payments that last from a few months to a few years. The regularly scheduled payments are usually for a fixed amount.

7. How long is a business term loan

The repayment period for business term loans can range from a few months to 10 years or more. Larger term loan amounts will usually take a business longer to repay. Small business loans that have term lengths on the shorter side (typically 12 months or less) are commonly referred to as short-term business loans. Term loans with longer term lengths may be known as long-term business loans.

8. Where can I get buiness term loans for bad credit

ZhyDen doesn’t offer “bad credit loans.” However, a lower credit score doesn’t always mean you can’t qualify for business financing. Our business term loans and lines of credit can provide an alternative source of funding for borrowers who have had difficulty getting approved for credit cards and traditional bank loans.

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