What is a Merchant Cash
Advance (MCA)?

MCA is when you get a lump sum advance, and in turn remit a percentage of your business’s total monthly revenue (credit card, debit card, cash, check).

The remittance is tailored to the flow of your business’s sales. MCA is very quick and easy way to get a business cash advance with absolutely no need for any collateral – even with low credit score.

Who Qualifies

  • Minimum 6 months in business
  • Minimum $6000 in monthly business revenue
  • 500 Fico OK
  • Bankruptcy OK
  • Tax liens OK
  • Bank Turndowns OK

** After you pay down 30-50% of initial funding amount, you can easily and quickly get Funding Round 2, 3, 4 etc. with zero hassles.

How to Qualify

  • 1-page simple application
  • 3 months most-recent business bank statements
  • 3 months most-recent merchant credit card statements*
  • Financing from $5,000 to $1 million
  • Qualification within 24 hours
  • Funding within 3-7 days
  • NO Collateral Required
  • NO Tax Returns Required
  • NO Business Plan Required

* 6-months business bank statements only if merchant does not accept credit cards

Benefits of MCA

  • Business Expansion
  • Business Marketing
  • Working Capital
  • Fill Inventory Orders
  • Paying Bills
  • Upgrade Equipment
  • Start a Renovation Project
  • Invest in New Technologies
  • Absolutely Anything You Want!

You and your business are more than a credit score number

We know the health of your business is based on more than a single number. So we use a combination of technology and real people to evaluate you and your business. Here are a few factors we consider:

  • business-1
    Personal Credit Score
  • business-2
    Payment History
  • business-1
    Years in Business
  • business-4
    Annual Revenue
  • fast business funding
    Total Debt
  • quick business funding
    Percent of Business Owned
  • business-8
    Public Records
  • large business loans
    Cash Flow
  • business-right
    Approval

  • You, The
    Owner

  • Your
    Business

Payback options that work for you

quick business loans

Payment Schedule

Choose between fixed daily or weekly payments based on what works best for your business

payback-2

Automatic Withdrawals

Avoid missing payments and boost your business credit with automatic withdrawals

quick business loans

Prepayment Options

Always have the option to pay back your loan early. We also have prepayment options for you.

Businesses that benefit from MCA

Nearly ALL kinds of Businesses Qualify. MCA is extremely popular in the following industries:

  • Service Businesses
  • Construction Businesses
  • Restaurants of all variety
  • Retail Businesses
  • Medical Businesses
  • Auto Businesses
  • Transportation Businesses
  • Wholesale Businesses
  • Manufacturing Businesses
  • Technology companies

We can fund any business in any industry except businesses in these

How does a Merchant Cash Advance work?

Unlike a term loan, MCA remittance fluctuates with your business’s sales patterns. That’s why with MCA, there’s a holdback percentage of around 10% This is a set percentage that is withheld from your gross receipts until you satisfy your obligation. That way, a certain percentage of the sales will be used for remittance, instead of being held to a set payment.

Business owners appreciate this because there is no set payback schedule, so they have the flexibility to remit their cash advance in a similar pattern to the ebbs and flows of their sales. When sales are up, your holdback percentage will result in a higher dollar amount. If your sales are experiencing a lull, your holdback percentage will result in a lower dollar amount.

Payment example

pay

  • Monthly Sales

    $20,000

  • Advance Amount

    $20,000

  • Payback Multiple

    1.15

  • Daily Remittance

    $87-174

  • Payback Amount

    $23,000
  • 10%

    Remittance Rate

  • 180-365

    Repayment Period (Days)

We also have weekly, bi-weekly and monthly payback options. Eligibility for the lowest rate is limited and available to those businesses with strongest cash flows and those business owners that have shown excellent payment history on prior loan products.