Simply put, a merchant cash advance is an advance against future credit card sales. We provide funding to your business in exchange for a small percentage of your future credit card receipts. We don't require any pledge of assets.
Merchant Cash Advance vs. Typical Bank Loan
As opposed to a typical bank loan, merchant cash advance payments fluctuate directly with your sales volume. This gives you the advantage of paying less when business is slow and more when business picks up. The payments stop when the agreed-upon amount has been satisfied. Typical bank loans require an extensive credit check, as well as a long review period prior to providing funding. A merchant cash advance, however, is as easy as filling out a one-page application, and we'll fund you within 48 hours.