Merchant Cash Advance
Merchant Cash Advance: Fast Funding for Your Business
Flexible Capital When You Need It Most
A Merchant Cash Advance (MCA) is an excellent financial solution for businesses that rely on regular credit card receivables. An MCA provides a lump sum of capital that can be accessed quickly, with repayment tied directly to a small percentage of your daily credit card or checking account transactions. This isn’t a traditional loan; it’s based on your business’s future receivables, making it a unique and accessible funding option.
Why Choose a Merchant Cash Advance?
- Quick Access to Funds: Get the capital you need without lengthy approval processes. Funds can be available in as little as 24 to 48 hours.
- Flexible Repayment Structure: Repayments are automatically deducted from your daily credit card or checking account transactions, allowing for flexibility based on your sales volume.
- Not a Traditional Loan: An MCA is not treated as a loan, meaning it’s based on your future sales rather than your current credit status.
- Lump Sum Payment: Receive a lump sum that can be used for various business needs, from inventory purchases to equipment upgrades.
Qualification Requirements
To qualify for our Merchant Cash Advance, you typically need:
- 5 or more months in business.
- We can support a wide variety of credit profiles. Tough credit? Strong revenue? We can get you capital.
- Preferred $10,000 in inconsistent monthly revenues.
How to Get Started
- Completed Application
Fill out our easy-to-understand application form to get the process started. - Recent Bank Statements
Provide at least 3 to 6 months of full recent bank statements (preferred) to assess your cash flow.
If you qualify, we can have funds deposited directly into your account within 24 to 48 hours.
Funding Details:
- Advance Amounts: From $5,000 to $400,000.
- Competitive Offerings: We provide attractive rates to suit your needs.
- Duration: Repayment terms range from 60 days to 18 months.
- Fast Decision: Get a decision as quickly as 24 hours, with funds available the next day.
Take Action Now!
Don’t let cash flow challenges slow down your business growth. Contact us or apply now to explore how our Merchant Cash Advance solutions can provide the financial support you need!
Let’s talk
Book a time to speak with one of our experienced professionals for a free consultation on the best options for your business. BizFi appreciates the opportunity to support your business.