Merchant Cash Advance

Merchant Cash Advance

Get Quick Access to Working Capital by leveraging your future sales.

A Merchant Cash Advance is technically not a loan.  A financing company advances you cash in exchange for a percentage of your daily credit card sales.

Loan advance maximum Amount

Loan Amount

$5,000 to $500,000

Interest Rate

Factor Rate

As low as 1.14

Repayment Frequency

Repayment Frequency

Automatically payed daily from your merchant account

Processing Time to Fund

Time to Funding

As fast as 24 hours

Pros

  • Quick to fund
  • Easy to Approve
  • Credit Score is not a determining factor
  • Suitable for a wide range of business purposes

Cons

  • Quick to fund
  • Easy to Approve
  • Credit Score is not a determining factor
  • Suitable for a wide range of business purposes

Compare to other loan types

Loan types Max amount Interest rate Speed
Merchant Cash Advance $5K to $500,000 As low as 1.15 As fast as 1 day
SBA Loan $5K – $5M Starting at 7.75% As fast as 2 weeks
Business Term Loan $25K to $500K 7 – 30% As fast as 2 days
Business Line of Credit $5K to over $1M 7% – 25% As fast as 1 day
Invoice Financing Up to 100% of invoice value Roughly. 3% + % per week outstanding As little as 1 day
Equipment Financing Up to 100% of equipment value 7% – 30% As fast as 2 days
Short-Term Business Loan $2.5K – $250K Starting at 10% As fast as 1 day
Merchant Cash Advance

Get the working capital needed without getting into a bind.

When you need cash fast, your bank or any other traditional lender is not usually one to respond quickly.   So the next time you have a growth opportunity that just can’t wait or need capital to address your bottom-line a merchant cash advance has you covered.

For businesses that generate a large portion of their revenue through credit card or debit card sales – such as retailers and restaurants- a merchant cash advance can be especially appealing.  With little to no collateral, limited business history, or even a low credit rating you can get the short term financing needed with minimal paperwork.

Minimum Qualifications

annual revenue

Annual Revenue

$50,000+

credit score

Credit Score

500+

time in business

Time in Business

6 months+

Documents Needed to Qualify

  • Credit Card Processing Statements
  • Business Bank statements

Ready to See your Options?

It’s free to apply and it won’t impact your credit