A merchant cash advance (MCA) is a type of business funding or loan that is repaid by the lender taking a percentage of the businesses' daily credit or debit card income, directly from the payment processor. The term Merchant Cash Advance is commonly used to describe a variety of small bus...
A merchant cash advance provides alternative financing to a traditional small-business loan. You repay an advance of cash using your credit card sales.
Getting approved for a small business loan can be a stressful and complicated process when starting or growing your business. ; It’s even more frustrating to jump through all those hoops, only to find out that you don’t qualify for the capital you need. ; For a small business owner who is struggling to qualify for a loan, a merchant cash advance may be the right option.
Streamlined application process: Compared to traditional bank loans, MCAs require minimal paperwork and documentation. This often translates to faster approval times, allowing businesses to access funds quickly, especially when facing urgent needs. Sales-linked repayment structure: Repayments are directly tied to the business's daily credit and/or debit card sales. This means that the repayment burden adjusts automatically based on the cash flow generated. During periods of high sales, repayment...
It's possible to get finance based on your future transactions. Find out what you need to know before you apply for a merchant cash advance.
Our Merchant Cash Advance is ideal for businesses who need fast access to capital funds with a simple and easier application process.
A Merchant Cash Advance, also known as Business Cash Advance, is a new unsecured alternative business loan. It is a short-term cash loan
“These defendants have been banned from the merchant cash advance business, and we intend to hold their co-defendants similarly accountable.” Merchant cash advances are a type of...
Discover what a merchant cash advance is and what fees and repayment terms to expect.
mCashAdvance is an alternative lender that can approve merchant cash advances up to $500,000 in a little as 24 hours. Apply online now.