Merchant Growth offers a flexible range of online business loans from $5,000 to a substantial $800,000, with terms spanning from 6 to 18 months. The borrowing process is straightforward and efficient, involving a simple application, review of options, and swift fund disbursement. To qualify, your business should have a physical location with at least 6 months remaining on the lease, be operational for a minimum of 6 months, and generate no less than $5,000 monthly in debit/credit sales. As an example of their repayment structure, a loan of $3,000 over 6 months would incur a fee of $992, resulting in a total repayment of $3,992. Similarly, a $5,000 loan for the same term would have a fee of $1,808, making the total repayment $6,808.
Merchant Growth review
Merchant Growth is a reliable platform for businesses seeking financial assistance, offering online loans ranging from $5,000 to a whopping $800,000. The repayment terms are flexible, spanning from 6 to 18 months, making it a convenient option for businesses with varying financial needs and repayment capacities.
The borrowing process is simple and straightforward. It begins with the completion of an application, followed by a review of options. Once approved, the funds are quickly disbursed.
However, to qualify for a loan, your business must meet certain criteria. It should have a physical location with more than 6 months left on the lease. The business must have been active for at least 6 months, and it should make a minimum of $5,000 monthly in debit/credit sales.
To give you an idea of the repayment structure, if you borrow $3,000, you’ll incur a fee of $992, making your total payment amount $3,992 over a term of 6 months. If you opt for a larger loan amount of $5,000, the fee would be $1,808, making your total repayment $6,808.
In summary, Merchant Growth provides a substantial credit line to businesses, making it a viable option for enterprises looking to expand or manage cash flow effectively.
Table of repayments
| Amount | Fee | Total payment | Term |
| $3.000 | $992 | $3 992 | 6 months |
If you will get the loan of $5.000 with the term of 6 months, your totally payment would be $6 808. The fee is $1 808.