​Anyone tried alternative financing options?

I’m stuck and could use some advice. I’ve been running a small bakery in NYC for six months now and I’m looking to expand.

I need $30,000 to cover some new equipment and rent, but I’m torn between going with a traditional bank loan or a Merchant Cash Advance. My credit score is 620, but the interest rates I’m seeing are all over the map.

Has anyone else dealt with this? What are the pros and cons of each? Help me out!