Merchant
Cash
Advance

You can borrow money today against your potential future earnings thanks to a merchant cash advance.

 

Applications are immediately approved based on your revenue from the prior quarter with few restrictions, and you can get the money the same day you apply.

An MCA may be useful in the following circumstances:

01

Take Advantage of New Opportunities

Whenever you take out a standard small business loan, you will always be required to make monthly payments along with interest. Payments begin right away even if you haven’t spent any borrowed money after funds are distributed. Only minimum payments are required when using a small business line of credit.

02

Replenish Stock

Because MCAs may be used to purchase goods, they are popular among merchants as well as enterprises in the food and beverage industry. This is especially true for companies that have busy and slow times of the year.
03

Run Operations According to the Seasons

Applying for an MCA ahead of the start of the busy season is advised for companies that only operate on a seasonal basis in order to guarantee having enough cash on hand to function at full capacity right away.
04

Manage Shocking Crises

An MCA can aid a company in overcoming costly issues, such as equipment failure, in addition to cash flow issues. When an MCA application is accepted, a small firm might swiftly acquire funding and tackle problems that might not have been manageable otherwise.
05

Avert a Cash Shortage

When expenses exceed income, as when an unexpected bill leaves no room in the budget for salaries or rent, a cash flow crisis develops. The speedy approval procedure of an MCA can act as a temporary fix.

PROS

Flexible standards
Rapid application
procedure
No checks of
credit history

CONS

Recurring bills