Merchant Cash Review for Borrowers

This lender review of Merchant Cash is intended to highlight the business’s structure, loan types, reviews, and what they require of potential borrowers. Read the following Merchant Cash review and it will outline the figures required.

Merchant Cash Review in Numbers

Australian Business Number (ABN):26 161 768 681
Australian Credit License:161 768 681
Loan amount:from $5,000 – $5,000,000
Loan term:from 3 months – 12 months
Unsecured Loans Offered?Yes
Easy Online Application:Yes
Response Normally Within:24-36 hours
Documents Required to Apply:Name, phone number, business’s name, business’s address, how long you’ve been in business, how much you want to borrow (and why you need the loan), whether or not you own commercial/residential property, and your ABN. This is only for the initial application. After the initial application, you’ll need to show your financials, as well.
Requirements to Apply:12 months in operation, $5,000/month in sales.
Minimal Interest Rates:Interest rates vary and are dependent on your financials and application.
General Feedback from Clients Online:Merchant Cash has a 97% approval rating.
Awards and Recognition:None listed.
Website Address:

Short Summary:

Merchant Cash is quite a straightforward lender. Every business owner can basically apply and is likely to get accepted, because they use 50 different lenders on their back-office, and simply match the right clients with the right companies. They can offer huge size loans in comparison with all competitors, and all loans are done on a cash advance basis which usually means very high interest rates and accordingly, high acceptance rate.

We always recommend to compare between different offers from different companies. Have a look below.

Merchant Cash Alternatives in Australia:

#1 Fastest Matching for Bad Credit Businesses

Est. 2014

Loans size & Terms

$5,000 to $1,000,000

Secured and Unsecured Loans

Lend Business Loans Review
  • Smart Matching by LendScore™
  • Instant Responses to Application
  • Fully Online System
  • Multiple Bad Credit Lenders Compared
  • Bank-Level Encryption
#2 Bad Credit Businesses Specialist

Est. 2018

Loans size & Terms

$5,000 to $200,000

Secured and Unsecured Loans

Lumi Business Finance Review
  • Funding: $5,000 to $200,000
  • Unsecured Business Loans Available
  • Newer Businesses Accepted
  • Bad Credit Borrowers Welcomed
  • 2 Hour Approval
  • 93% Positive Reviews
#3 Operating Successfully for 15 Years

Est. 2004

Loans size & Terms

$5,000 to $300,000

Secured and Unsecured Loans

Speedy Finance Review
  • Funding: $5,000 to $300,000
  • Secured/Unsecured, Equipment, Bridging and Second Mortgage Loans
  • Loan Approval within one Hour
  • National Finalist MFAA Awards 2019
  • TrustPilot score of 4.6 /5 (100 reviews)
  • High Variety of Lending Products
  • Accepts Clients with Paid Credit Defaults
#4 High Chance of Approval

Est. 2014

Loans size & Terms

$5,000 to $60,000

Secured and Unsecured Loans

Captrove Review
  • Funding: $5,000 to $60,00
  • Daily or Weekly repayment schedule
  • Unsecured Business Loans Only
  • Available Throughout Australia

Company Story

Merchant Cash Logo
Merchant Cash has an incredibly high approval rating – 97%. This could be because their application process is simple, but it’s more likely because of their flexible repayment options, low interest rates, and high borrowing range. No other small business lenders offer loans for up to $5,000,000, which puts Merchant Cash at a huge advantage for servicing small businesses in Australia.

Merchant Cash has a panel of over 50 lenders to ensure that they’re getting you the lowest interest rate and the best loan for your unique situation. They match your business situation and loan application with the lender that’s the right fit – essentially taking the guesswork out of it for you. They guarantee 24 hour funding, and they also guarantee the lowest available interest rate.

Merchant Cash is exceptional in the fact that they work with so many different lenders – this is rare for Australian lending companies. In some ways, this can assist you in expanding your loan search.


Merchant Cash Client Reviews


– TrustPilot Australia: 83% Excellent, 13% Great, 4% Average, 9 / 10 Total Score (Excellent)
– 1 Review, 1 Positive, 5 / 5 Total Score


Analysis of Client Reviews:


Merchant Cash provides an easy process for small and medium sized business owners to apply for a business loan. One reviewer stated that Merchant Cash came back with three loan options for them to review – which opened up their interest rate choices and gave them some control over their final decision. Other reviewers have praised Merchant Cash’s easy application process and excellent customer service. Some of the more average reviews have stated that the excess of lender options was overwhelming and that it was more time-consuming than another lending process that worked with fewer lenders to provide loan options.


Merchant Cash Loan Compatibility


  • Startup: No, Merchant Cash does not work with startups.
  • Bad credit: Merchant Cash is flexible when it comes to credit, but they do look at your credit score and take it into account when creating your loan application.
  • Sole trader: Yes, Merchant Cash works with sole traders as long as they have an ABN.
  • Established business: Yes, Merchant Cash works with established businesses.
  • Turnover: Merchant Cash requires that you have a minimum of $5,000/month in sales.