An ACH advance allows a business to receive funds upfront against its future earnings. Unlike other types of loans, or lines of credit, collateral is not typically required for an ACH Advance. There will usually be minimum stipulations for the advance to be funded, and funds are typically able to be disbursed within 24 hours of the application date.

ACH Advances are usually the easiest types of loans to be approved for, since the funding amount and repayment terms are based directly on predicted business income over the short term.

• Minimum age of business: 3 months
• Minimum annual revenue: $90,000
• Must operate from a business checking account
• Must be a United States-based business
• Owner/applicant must have a minimum 475 FICO score