Product comparison
A BCA qualifies easier (500+ FICO, 6 months in business) but typically costs more in total dollars; a term loan requires stronger credit but delivers a lower APR.
Last updated 2026-04-16
Two paths, side by side
The same business problem can take very different routes depending on what you optimize for. Here is the honest split.
BCA
You run a card-heavy business, need funding this week, and your credit history does not qualify you for an APR-priced term loan.
Wins for
Term Loans
Your credit is 600+, you have 1+ year in business, and you want to minimize total interest paid over the life of the financing.
Wins for
Side by side
| Factor | BCA | Term Loans |
|---|---|---|
| Cost structure | Factor rate (1.20–1.40) | APR (8–25%) |
| Min FICO | 500+ | 550+ |
| Min time in business | 6 months | 1 year |
| Repayment | % of daily card sales | Fixed monthly |
| Legal structure | Purchase of receivables | Loan |
Common questions
A BCA qualifies easier (500+ FICO, 6 months in business) but typically costs more in total dollars; a term loan requires stronger credit but delivers a lower APR.
You run a card-heavy business, need funding this week, and your credit history does not qualify you for an APR-priced term loan.
Your credit is 600+, you have 1+ year in business, and you want to minimize total interest paid over the life of the financing.
Yes. Many ICG clients qualify for multiple products. Our underwriters will recommend the best fit based on your use of funds, time horizon, and qualification profile.
Ready when you are
Quick application. Real human review. We will tell you which fits.
