A Merchant Cash Advance or MCA is a way to sell your future credit card sales in exchange for money now. For example a company that consistently gets 20k in credit card transactions each month can get a MCA for 25%-100% of their monthly sales upfront. So company gets a 15k MCA which can be paid over a generally short period of time
Great option for a business that needs cash immediately. Get funded as soon as the same day. Very easy requirements. Little to no paperwork
Summary:
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- Loan amount based on monthly sales
- If Cash needed immediately
- Easy requirements
- Same day funding
- In Business from 3 months
- Little to no paperwork
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Business Loans
Get Funded