Merchant Cash Advance
24-48 hour turnaround time ・ Limited Documentation ・ 12-36 Month Terms ・ Rates as low as 8% Fixed ・ Early Pre-Payment Discounts ・ 100% Unsecured
What is a Merchant Cash Advance?
A merchant cash advance (MCA) is a type of business financing where a company receives a lump sum of cash from a lender in exchange for a portion of its future receivables. Here’s a concise breakdown:
How it works: The business gets immediate funds, and repayment is made through automatic deductions (Daily, Weekly, Bi-Weekly or Monthly) from future receivables of the business.
Not a loan: It’s an advance, meaning it’s based on future receivables, not a traditional loan with fixed terms.
Fast access to capital, flexible for businesses, NO COLLATERAL REQUIRED.
The PROCESS:
Fill out a quick 3 minute application providing basic company information along with the last 4 months business bank statements
Allow our team anywhere from a few business hours to one business day to underwrite and assess what you qualify for
Our team will reach out with an in depth breakdown of all available options
All paperwork is completed and funds are dispersed to your account typically within 24-48 hours
Qualifications
Minimum monthly revenue of $20,000 per month
In business for over 6 months
The business has healthy cashflow
Minimum FICO 450 score

