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The phrase "financial advantage" is correct and usable in written English.
It can be used when discussing benefits or gains related to financial matters, such as in business, investments, or economic contexts.
Example: "By investing in renewable energy, the company gained a significant financial advantage over its competitors."
Alternatives: "monetary benefit" or "economic edge."
Exact(60)
Mr. Obama has a clear financial advantage.
That was a large financial advantage.
Supporters have a financial advantage, too.
He now enjoys a big financial advantage.
Light capital requirements give the mortgage banks a financial advantage.
Now he also has a commanding financial advantage.
Mr. Lamont has a significant financial advantage over Mr. Malloy.
The mayor will inevitably have a financial advantage.
Party officials say they have a distinct financial advantage.
The Bush campaign also has another built-in financial advantage.
Mr. Obama's financial advantage is helping him beyond the airwaves.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com