Powered by LevrBusiness loan versus line of credit
Lump sum for one purchase, or a revolving line for timing gaps.
Learn moreSBA 7(a) versus SBA 504 loans
Flexible 7(a) for most purposes, or 504 for buildings and heavy equipment.
Learn moreInvoice factoring versus invoice financing
Sell your invoices, or borrow against them and keep collecting.
Learn moreMerchant cash advance versus term loan
Fast and expensive, or slower and far cheaper: the math on both.
Learn moreLeasing versus buying equipment
Lower payments and flexibility, or ownership and lower total cost.
Learn moreBusiness loan broker versus direct lender
When going direct is fine, and when a broker or platform shops better.
Learn moreAI application versus bank application
What changes when your AI assistant prepares and submits, and what does not.
Learn moreOnline lenders versus banks
Speed and easier approval, or lower cost and stricter underwriting.
Learn moreKey facts
- What each comparison gives you
- A verdict, a comparison table, a worked cost example, and when to use both
- Numbers
- Typical ranges labeled as such; your offers will differ
- Cost to apply here
- Free for your business; lenders pay us when a loan funds
Which comparison should you read first?
Match the comparison to the decision in front of you. Choosing between a lump sum and a revolving facility is loan versus line of credit. Buying a building or heavy equipment with SBA help is SBA 7(a) versus 504. Turning unpaid invoices into cash is factoring versus invoice financing. Deciding whether a fast cash advance is worth its cost is MCA versus term loan. Acquiring equipment is lease versus buy. The last three compare where and how you apply rather than what you apply for.
Apply once and reach a lender in every category. Free for your business.Or ask your AI assistant to apply for you through our MCP server.
Apply nowHow are the cost examples built?
Each worked example uses the same stated amount, rate and term for both options, so the difference you see comes from the product, not from the assumptions. Rates are typical for the product and labeled as such; your own offers will depend on your credit, time in business, revenue and collateral. Use the business loan calculator and the MCA true cost calculator to rerun any example with your own numbers.
What if the answer is both?
Often it is. Many businesses carry a term loan for a planned purchase and a line of credit for timing gaps, or use factoring for receivables while an SBA loan funds an expansion. Each comparison has a section on using both, including what lenders will and will not allow alongside each other. When you apply here, one application reaches lenders in every category, so you can see the offers for both options at once. You can also ask your AI assistant to apply for you through our MCP server; see the agents hub.