Merchant Cash Advance
Provides you with the money to run your business, buy inventory, use it for advertising. An MCA can be your answer to quick funding needs.
Provides you with the money to run your business, buy inventory, use it for advertising. An MCA can be your answer to quick funding needs.
A Merchant Cash Advance, also known as an "MCA" is a type of business funding where a business receives a lump-sum payment in exchange for an agreed-upon percentage of future Credit Card sales.
Businesses such as retail stores, Restaurants and other credit/debit card accepting businesses, are able to take advantage of this type of funding and be approved in a relatively short period of time.
Fast and easy application process. Very little paperwork is needed to apply for an MCA. You can be funded in as little as 24 hours. You do not need to provide collateral on this type of funding. Repayment is done as a percentage of daily credit/debit card sales. The more sales you make the faster you pay it off. MCA's help seasonal businesses or business whose income fluctuate. Since repayment is based solely on a specified percentage of sales. You will not have to pay as much when business sales are slow. You can qualify even if you don't have the best credit score. Since approval is based on your business credit/debit card sales, you can qualify with credit as low as 450 fico. 
This is a short-term solution for Businesses. You may need to change your current debit/credit card processor. Cost of this type of funding can be from $.10 to $.45 cents on the Dollar. If your business is not generating a high volume of credit/debit card sales, daily deductions may hurt your business's cash flow. 
Time in business minimum of 6 months + Business monthly income of $10,000+ 6 months of business Credit/Debit card processing statements. Fill out our one-page application.