A fast, but expensive, option for those with a wide range of credit, the merchant cash advance works with your credit card processing to take a percentage of each credit card transaction until the loan amount is paid back. The lender will look at your average daily credit card sales to determine how much you can borrow, as well as the loan guarantees, and the loan money will arrive fast (usually in a day or two.) The application process is much easier than just about any other type of funding. The drawback, of course, is the cost. With “factor rates” determining the cost of the loan – instead of interest rates – the APR amount can be confusing and high. Expect to pay up to 80% for the privilege of borrowing, something that can quickly dwarf the benefits you get from the loan.