A personal loan typically has interest rates and origination fees related to borrowing money. Loans with an APR must be expressly stated by the lender. For personal loans, there are consumer protection elements that must be stated as well. Loans can also be used for personal expenses. With a BCA from Moves, there are no origination fees and no interest rates (that means no APR or AIR). Instead, we deduct a portion of your future earnings in exchange for the cash advance we provide, similar to a service fee. The terms of a BCA are covered by a commercial contract (or agreement) between the vendor and the business (the business can be an individual working as a gig worker, freelancer, sole proprietor, or similar). It is advanced in exchange for some portion of future earnings.