ACH Business Loans

Interest rates starting at 7%
Speedy approval process
Get funded in as little as 24 hours
No minimum credit requirement
Minimal paperwork needed

How much do you need?

Quick, short-term financing for small business owners with all types of credit.

ACH Loans and Cash Flow Advances for Fast Access to Working Capital

ACH loans, also commonly referred to as ACH cash flow loans or ACH advances, are loans that can be used for a variety of business needs.

Small business owners typically use ACH loans to cover cash flow gaps and for quick access to working capital. Eligibility is based primarily on monthly business revenue, rather than credit scores.

Because credit standing isn’t the main factor in determining funding eligibility, ACH loans are a great option for small business owners with subpar credit. If you’ve been denied traditional financing, an ACH loan might be right for you.

At Clarify, we believe that all small business owners should be given access to financing, regardless of their situation. We work hard to find funding options that work for you, so you can achieve your business goals. When you finance through Clarify, we treat you like family.

Benefits to ACH Loans

Cash flow based loans have a number of benefits, making it a good financing option for small business owners with wide-ranging needs. At Clarify, we streamline our loan process to make securing capital simple and easy.

Full Transparency

You won’t find any hidden fees in our loan products. Other lenders include sneaky terms and prepayment penalties, which work against the borrower. At Clarify, we take pride in being the most transparent loan provider. Small business owners love working with us because we take an honest approach and always have the borrower's best interest in mind.

Quick Application Process

Our application process is speedy and straightforward. We understand that small business owners are busy and dealing with complex business operations. We move quickly and do the hard work, so you can focus on running your business first and foremost.

Flexible Repayment

Just like every business is unique, small business owners have varying needs and preferences in terms of repayment. ACH loans are one of the most flexible financing options. Small business owners can pay the borrowed funds back on a schedule that works for them. Choose to repay on a daily, weekly, biweekly, or monthly schedule.

All Credit Scores Can Be Eligible

Having less than stellar credit can be a huge hindrance when it comes to financing. Traditional financing relies heavily on credit standing to determine loan eligibility. If you’ve been denied a traditional loan because of your credit, ACH advances tend to be a great alternative option. You can get approved with either good or bad credit.

Minimal Paperwork Required

ACH loans require very little paperwork compared to alternative loan products. Unlike other lenders that require endless documentation, at Clarify, we only require the essentials. We strive to make the loan application process as easy as possible.

No Collateral Needed

Cash flow loans are an unsecured type of financing, which means no collateral is needed to get approved. That further lowers the risk for businesses owners.

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What Do Businesses Use ACH Loans for?

An infusion of extra working capital can be used for a variety of business purposes. How you choose to use your funding typically depends on your company's goals and objectives. Below are some common use cases:

1. Hiring and Training New Employees

Hiring and training new employees is an important part of growing a business. ACH loans can be used to help front the cost of onboarding and investing in new hires. Using the additional cash flow, small business owners can expand their business and secure top talent.

2. Bridging Cash Flow Gaps

Cash flow gaps are common when you’re running a business. Whether you’re dealing with an emergency, seasonal fluctuations, or a short-term dip in revenue, an ACH loan can provide the capital necessary to keep things moving.

3. Inventory Purchasing

Maintaining inventory is a necessary aspect of operating a business. ACH loans are a good option for business owners needing to restock supplies and place inventory orders. Whether you're planning to buy in bulk or place a small order for special items, Clarify has you covered.

4. Stalled Invoice Payments

Slow payments and delayed invoices leave businesses to temporarily foot the bill. For those operating with smaller margins, a stalled invoice payment can put small businesses in a tough financial spot. An ACH loan can be used as a short-term buffer, providing a quick infusion of capital while businesses wait for invoices to be paid.

5. Marketing and Advertising

Marketing and advertising are essential elements to every business strategy. Building awareness and bringing patients in helps contribute to the bottom line of every business. ACH loans can provide the capital necessary to build out and implement a strong marketing and advertising strategy.

Qualifying for a Cash Flow Advance

ACH loan eligibility works a little differently than alternative loan products. Our lenders look at specific criteria for loan approval. Average monthly revenue is the main qualifier.

Below are the factors we consider:

Average monthly revenue
Business bank account balance
Average monthly deposits
Time in business
Credit rating

While credit score is listed as a factor, it is a relatively small one compared to other top qualifiers. If your credit score is on the lower-range, don’t be discouraged. Borrowers who do not have strong credit scores can still get approved.

Frequently Asked Questions about ACH Business Loans

What is an ACH loan?

ACH loans are a form of short-term business financing. Small business owners use ACH for fast access to working capital. ACH loans are considered “cash flow” loans. This is because lenders look at average business checking account balance when determining eligibility.

How do ACH payments work?

Repayment is automatic. Lenders will withdraw a certain amount of funds directly from your business checking account as repayment. The funds are withdrawn in fixed increments, over time, on a preset schedule. Once the loan is paid back in full, no further withdrawals are made. The automatic and electronic repayment makes paying off your loan balance easy.

Can I qualify for an ACH loan with bad credit?

Yes. They are one of the top financing options for borrowers with bad credit. Lenders look primarily at monthly business revenue instead of credit scores. Credit scores are a small factor in determining eligibility.

What’s the difference between an ACH loan and an MCA loan?

ACH loans differ from MCA loans in terms of how borrowed funds are repaid. Lenders withdrawal funds directly from business checking accounts for ACH loans. Alternatively, for MCA loans, the lender withholds a portion of the company’s credit card deposits to repay borrowed funds.

How are ACH loans and term loans different?

ACH loans tend to have shorter repayment periods than term loans. Payback time is typically between 3 and 6 months. They are intended to be a short-term financing option, rather than long-term. Term loans are usually paid back over much longer periods of time.

The ACH advance is repaid through automatic and electronic withdrawals from your business checking account. For term loans, lenders do not require direct access to your business checking account.

ACH loan & cash flow advance

Types of businesses that qualify for cash flow financing

Approval requirements

In business for more than 6 months
At least $10,000 per month in gross revenue
Last 3 months of bank statements required for verification

Lending advisors committed to getting you funded today

When you choose Clarify, we consider you family -- and work with you through the ups and downs of running your small business. Manufacturing Financing Team

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Get approved for an ACH advance today and have money in your account within as little as 24 hours. No obligation -- prequalify without affecting your credit!

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