Merchant Cash Advance (MCA)
Merchant Cash Advances are used to get advances against future sales from $5,000 all the way up to $1,000,000.
How a Merchant Cash Advance Works
To qualify for a MCA, you will provide 3-6 months of bank statements to determine your average monthly deposits. Our lenders will approve you for a lump sum deposit into your bank account. Typically paid back in either daily or weekly drafts from your business checking account, these loans offer lightning fast approvals and fundings.
Benefits of a Merchant Cash Advance
- Fast approvals and funding available in as little as one day
- No collateral required
- Repayment is not a fixed monthly amount
- Perfect credit not required