Definition: A Merchant Cash Advance is not a loan, but rather an alternative method of providing businesses with working capital through the purchase of the business’s future payment card receivables. Unlike with a loan, that has a payment schedule with fixed amounts and a maturity date, the business makes flexible daily remittances based on a percentage of its actual future payment card receivables.
1. Share Your Info
Fill out a short application sharing information about you and your business.
2. Get Options
We will review your information and provide a response without negatively impacting credit.
3. Review Your Options
If pre-qualified, choose the purchase price that best fits your business needs.
4. Lock In Your Options
Confirm you are ready and submit final documents.
5. Finalize Your MCA
E-sign your contract and the purchase price will be sent upon purchaser's acceptance of the MCA.
Still have more questions? Check out our FAQ page for details.