Merchant Cash Advance
A merchant cash advance is a business cash advance program that provides you with capital by purchasing your future credit/debit card sales. The Advance gets paid back by taking a small percentage from your credit/debit sales until the cash advance is paid back in full. It’s a program that simply allows you to pay as you go. The advance gets paid back as you do business. If you have a slow month, no problem, payback towards the advance will slow down to make sure your cash flow is not affected.
- In business for a minimum of 3 months
- 1 Page Application
- Last 4 months of bank statements (All pages)
- Last 4 months of CC Processing statements (All pages)
- And other information is required after accepting a pre-approved offer.