Loan Qualification Criteria
How do you know if your business is eligible?
- Apply Online
- Get Your Cash Advance
- Repay a Percentage of Receipts Daily
What is a Merchant Cash Advance
Merchant Cash Advance (MCA), also known as Credit Card Receivable Funding is a form of business financing services, which allows the borrowers to get cash in exchange for the purchase of an agreed-upon percentage of their future Visa & MasterCard credit card sales.
Merchant cash advances generally have shorter payment terms, but have high interest rates. Merchant cash advances are the most suitable financing option for low credit borrowers, since sales projections are more important that credit scores when determining eligibility.
How Merchant Cash Advances Work?
Every borrower can apply for a merchant cash advance to secure an upfront cash quickly. In return, small business owners agree to pay back the MCA provider with an agreed-upon percentage of their daily or weekly credit card sales, plus fees, until the full advance is paid off. Since the MCA repayment is based on a percentage of your credit/debit card balance in the merchant account, the more transactions your make, the faster you’re able to repay your cash advance.
Get Merchant Cash Advance Business Funding
Smart & Simple terms of Merchant Advisors ensure the growth of your Business
- Inventory Purchases
- Equipment Purchases
- Marketing & Advertising
- Business Renovation
- Technology Upgrade
- Business Expansion
- A business cash advance up to $500,000
- Same day approvals
- Cash in just 24 hours
- No collateral required
- Automated payments
- No fixed monthly payments
- No upfront costs or hidden fees
- You have been running your current business for at least (6) months.
- Your business accepts Visa and MasterCard.
- You process a minimum of $5,000 per month in Visa and MasterCard receipts
- You can provide 4 Months' credit card statement.
- You can provide 12 months of credit card processing statements (if your business is seasonal).
- You are not a startup merchant.
Get your Merchant Cash Advance Today!
At least 6 months in business
$5,000 minimum in credit card sales
No open bankruptcies
How Do You Know A Merchant Cash Advance Is Right For Your Business?
A merchant cash advance is right for your business when you need fast working capital. Have adequate cash flowing through your merchant account to pay for the advance. This alternative business funding solution is best for small business owners that do a great deal of monthly credit card transactions but have a low credit score. Moreover, the qualification criteria for a merchant cash advance is usually simpler than typical small business loans.
How to apply for a Merchant Cash Advance?
The Merchant Advisors Merchant Cash Advance is a perfect financing for small business owners that require fast cash for business or want to unwind the ebbs and flows of their cash flow.
To get started, you just have to complete our one-page loan application form by submitting your four months of credit card statements and bank statements. Occasionally, we may require tax returns, a balance sheet, or a P&L. If you need cash advance funding, we recommend you to arrange these documents prior to making a cash advance application. We usually offer same day approvals and you could get the cash in as little as 24 hours.
How Merchant Advisors Can Help You with a Business Cash Advances?
With Merchant Advisors, getting a merchant cash advance is easy. The payback is simple as well. You don’t have to write any checks or invoices. A small fixed percentage of your business’ credit card sales will automatically be deducted from your account each time they’re batched. Another best thing is the repayment: you will pay less in slower seasons, and more when your business picks up. In addition, there’s never a prepayment penalty. We also help to improve your credit score by reporting your payment history to the credit bureaus.
Why Merchant Advisors?
At Merchant Advisors, we understand your unique needs and provide customized small business loans to keep your small business progressing.
- Experience in the Industry
Helping small business owners since 1997
- Trusted by Small Businesses
Billions in funding to thousands of businesses nationwide
- Personalized Financing
Customized financing solutions to small business needs
- Quick Application Process
No cost, no-obligation application with funding in 24 hours
- Your Personal Loan Experts
Experienced loan experts helping you succeed
- Save Time and Money
Let’s be your helping hand so you can focus on growing your small business