A Merchant Cash Advance provides flexibility, automatic repayments, and immediate access to capital. Our Exclusive Capital Funding Merchant Cash Advance Program, also knows as a Business Cash Advance, can bring your business the working capital it needs quickly by providing immediate access to capital, in exchange for a percentage of your future credit sales (Visa, MasterCard, Discover, and AMEX). Repayments are flexible and affordable, and determined by the daily cash flow of your business. So when your sales are high, your advance is paid off faster. Accordingly, if your sales are lower, your automatic payment is lower.
A merchant cash advance can help with:
- Inventory management
- Equipment purchases
- Marketing campaigns
- Short-term capital needs
- Employee Salary’s
How to Prepare Before You Apply
As with any financial product, there are a few questions to consider before you apply for our Merchant Cash Advance. Having this information ready will help us serve you more effectively:
- Is your sales volume affected by seasonal sales?
- How much of your total sales is credit card sales?
Knowing the answers to these questions will allow our Business Advisors to better serve your unique funding needs.
Merchant Cash Advance Requirements
For standard Merchant Cash Advance products, a small business should be in business at least one year, and have monthly revenue of at least $5,000. So we have a few more options:
Starter Merchant Cash Advance
With as little as 3 months in credit card sales, a small business can apply for the Starter Merchant Cash Advance. You may qualify for up to 50% of your average monthly credit card sales in funding. After your advance is paid off, you might qualify for increased capital on better terms.
Premium Merchant Cash Advance
If your business is more established, and you’ve been in business for more than three years, we’ll offer you options with an even lower cost basis.
