Merchant Cash Advance to assist with
any business need
Our merchant cash advance helps you plan for a successful future. Get fast access to the working capital you need to grow your business.
What is a Merchant Cash Advance?
A merchant cash advance (MCA) gives businesses fast access to working capital based on future credit card or other receivables so they can meet their business needs. This type of funding is an alternative form of financing that works by giving businesses upfront access to a lump sum in return for a portion of the future revenue receivables at a discounted price. This allows the payment timeline to be tailored to the flow of business sales.
To be approved for an MCA, certain criteria must be met. Important qualifying factors are that the business must accept credit card payments or have other receivables.
At Capital Employer, applying for an MCA is fast and convenient. You can complete the application for your business through our online portal in just a few minutes. Our merchant cash advance amounts start at $5,000 and range up to $500,000.
Which Business Is Ideal for This Type of Small Business Financing?
Flexible Payments
Automatic payments are calculated based on a percentage of the business’ credit card sales or other revenue receivables
Estimated Completion Date**
Payments are based on the business’ receivables so there is no fixed payment term
Cost and Fees
The receivables are purchased at a discounted price; fees may be charged and deducted from the advance amount
Businesses that accept credit card payments and need fast access to capital funds are ideal candidates. Aside from having a simpler application process, cash advances are designed to help businesses get flexible access to the working capital they need quickly. The reason an MCA provides flexibility is that it has variable payments based on future revenue receivables.
If your business has high credit card sales, lots of receivables, or is seasonal, then a merchant cash advance might be ideal.
**An estimated completion date is calculated based on the estimated time it will take the business to deliver the receivables (which will vary based on the business’ performance). These estimated completion dates typically range between 3 months up to 18 months, but this is only an estimate.
Grow Your Business Fast With a
Merchant Cash Advance
Your business only needs 4 important things to apply.
A valid form of identification
Business bank account number and routing
Last three months of business bank statements
Last three months of credit card processing statements
Application Process
Start your business application and tell us about your company, goals, and objectives. We recommend having the necessary paperwork on hand to make the process even faster (i.e. driver’s license or passport, business bank statements).
Our team will carefully review your business financing application. One of our trusted business advisors will reach out if we need any additional information.
If approved, our team will send your business’ funds to the business bank account provided. This can be as quick as a few minutes, so be on the lookout!
Merchant Cash Advance
FAQs
- Trusted by over 30 thousand businesses around the country
- Real humans, real business advisors, real success stories
- A fast, convenient, and easy to navigate online application
- A streamlined process for additional funding needs
Businesses are given access to working capital through a merchant cash advance in exchange for a portion of their receivables or future credit card or at a reduced rate. Small businesses can apply online, and funds will be transferred to the provided business bank account if accepted.
To qualify for a merchant cash advance, a small business must have accounts receivable, such as credit/debit card sales and invoices. Following their application, the alternative funder must go through invoices, business bank account statements, credit card processing statements, and other crucial paperwork.
While many small business finance organizations consider your personal or business credit when evaluating your financing application, it’s not the only criterion used to decide whether or not to accept it. Most alternative small business funders examine your company’s overall performance by looking at its revenue, length of operation, accounts receivable, and business credit history.
Unlike conventional small company loans, merchant cash advances offer immediate access to working capital with flexible payment choices.
When firms have immediate access to working cash, they can fund their requirements more swiftly. Payments are made more flexibly by basing them on the part of future receivables. Seasonal businesses with a lot of receivables or significant credit card sales should consider cash advances.
Yes. The language is the only difference between a merchant cash advance and a company cash advance.
In a buy and sale transaction known as a merchant cash advance, a finance firm trades an upfront payment of working capital for a piece of a company’s future income stream.
When a lender lends money to a borrower for their small business, the borrower must return to the lender with set installments.