Merchant Cash Advance (MCA)

quick access to working capital

​A merchant cash advance (or MCA) is short-term financing used by businesses to meet financial and operational needs. A merchant cash advance is technically not a loan, it’s known as alternative business funding and not covered by the same rules and regulations as other types of financing such as a short-term loan from a conventional bank, small business loan, or term loan. The proceeds of an MCA and repayment of the cash advance are generally based on historical credit card or debit card sales; and future credit card/debit card receivables.

Put simply, we provide a lump sum amount of cash based on an anticipated amount of credit card/debit card sales from your business operations.The purpose of a merchant cash advance is to accelerate the business owner’s cash flow, allowing the capacity to take quick advantage of upcoming growth opportunities.

Best for:

  • Businesses who accept credit card payments and are in need of quick capital are ideal candidates. Remember, aside from being quick and have a much easier application process, a merchant cash advance provides flexibility with variable payments based on business receivables. If your business has high credit card sales, revenue receivables, or is seasonal, then a merchant cash advance might be ideal for you.

 

Short-Term Loans

Short-term loans allow for very fast funding so you get a lump sum of cash with a predetermined payment term. Payment is usually made daily, weekly or bi-weekly. The short term loan is best for business with high and consistent sales that are in need of quick unsecured cash to use however you need.

Pros:

  • Fast Capital in as little as 24 hours

  • Unsecured

  • Easy approval process

  • Little documentation needed

Cons:

  • Cost of borrow ing can be more

Best for:

  • Businesses that have high and consistent sales and bank deposits

  • Businesses that need financing right away