A merchant cash advance (MCA), or business cash advance, is financing based a business’ future credit card receivables. This type of loan is for companies whose revenue is primarily from credit and debit card sales. A merchant cash advance offers quick funding in comparison to traditional loans offered at large banks.
A merchant credit card advance can cut through barriers to financing your business needs and can make cash available to your business when you need it most.
Expand your business, purchase inventory, furnish office space, advertise, or upgrade technology. It’s entirely up to you! With an MCA, you have no obligation to provide details about your expenses (unlike most conventional loans).
Obtaining a merchant credit card advance is easy! Businesses are not automatically disqualified based on credit score or time in operation. Applying is as simple as filling out or stream-lined application and providing transaction records.
Have cash-on-hand for your business within a week!
This program yields a secure repayment system where the business owner authorizes an automatic debit for a small percentage of future credit card translations. The higher the sales, the quicker the repayment. No need to worry for lean months, either – repayments adjust based on how well your business is doing; the percentage stays the same!
MCA's are unsecured, meaning that you don't have to offer any of your personal or business assets as collateral.