MERCHANT CASH ADVANCE

Merchant Cash
Advance

$5,000 - $500,000

FUNDING AMOUNT

3 - 24 months

TERM LENGTH

A merchant cash advance (MCA) is short-term financing used by businesses to meet financial and operational needs.

A merchant cash advance is technically not a loan, it’s known as alternative business funding and not covered by the same rules and regulations as other types of financing such as a short-term loan from a conventional bank, small business loan, or term loan.

The proceeds of an MCA and repayment of the cash advance are generally based on historical credit card or debit card sales and future credit card/debit card receivables.

Put simply, we provide a lump sum amount of cash based on an anticipated amount of credit card/debit card sales from your business operations. The purpose of a merchant cash advance is to accelerate the business owner’s cash flow, allowing the capacity to take quick advantage of upcoming growth opportunities.

Fast Financing for your Business

Quick Application

Applying is quick and easy! Remittances are automatically debited from your account at a fixed rate each month, giving you the peace of mind that your remittances stay consistent.

Flexible Funding

Because your monthly revenue may go up and down, you have the option to request an adjustment to your remittances to better fit your revenue of that month and have flexibility where you need it.

Automatic Remittances

Automatic remittances are based on a factor rate and are gradually debited as a percentage of future credit card and debit card sales. Remittances are automatically deducted from the business bank account.

Minimum Qualifying Criteria

550+ credit score
12+ months in business
$10,000 average monthly bank deposits

Required Items

Signed one page funding application
3-5 most recent business bank statements
Business tax returns (only in certain cases)

No Collateral
Requirements

Advantages

With flexibility on what you can use the funds for, a cash advance is a great short-to-mid-term solution for many businesses.
Remittances are always the same each month so that there are no unforeseen expenses based on the fluctuation of revenue.
Because MCAs look forward and not backward, they are typically easier to qualify for even if there’s no strong business credit.

Disadvantages

Request that the remittances are in accordance with the revenue fluctuations that will have to be adjusted after the month has ended.
MCAs are shorter in duration which means they may not be as effective for financing long term growth objectives.
Business cash advances can be more expensive than other alternative funding structures.

Why Choose Us?

Unlike traditional banks, we truly understand your business needs. Your success is most important to us, so we’ll never over-leverage your business by offering you more funding than you can handle.

Our simple application and quick approval process makes it easy for you to get the working capital your business needs, and our experienced funding consultants will walk you through it every step of the way.

Apply Now