Merchant Cash Advance

What is a Merchant Cash Advance?

A merchant cash advance is a lump sum of capital you repay using a portion of your daily credit card transactions.

With a merchant cash advance, a financing company advances you capital in exchange for a percentage of your daily credit card sales, plus a fee. If you don’t have a great credit score, merchant cash advances can be the most ideal solution. They can be quick, easy ways to get a business cash advance with no need for collateral.

Maximum Loan Amount

$2.5K - $250K

Loan Term

Paid daily via your merchant account

Interest Rates

1.14 +

Speed

As little as 2 days

The Pros

Quick access to cash

Easy approval process
Bad credit is accepted

Suitable for a wide range of business purposes

The Cons

Higher fees than with traditional loans

Less flexibility to change merchant service providers

Daily deduction of credit card receipts reduces cash flow

What Documents Will I Need to Apply?

Application

6 Month Bank Statement

Credit Card

Processing Statements

Who Qualifies?

If you have little or no collateral, limited business history, or a low credit rating, merchant
cash advances could be a solution to your financing problems.
Merchant cash advance providers tend to have easy eligibility standards, so most small
businesses shouldn’t have a problem qualifying.
For businesses that make a big portion of their revenue through credit card
payments—if you own a restaurant or a retail store, for example—then you can use
merchant cash advance as a short-term financing tool. It can help with working capital,
inventory purchases, debt payments, unexpected payments, and more.

Time in Business
6MONTHS + in business
Revenue

$30,000+ in the past 3 months

APPLY NOW!