Merchant Cash Advance for Small Business

A merchant cash advance for small business provides funding from $15,000 to $500,000 with repayment terms based on a percentage of future sales, and can be funded in as little as 24-48 hours.

Quick Summary

• MCA provides $15,000-$500,000 based on monthly revenue, not credit score
• Requirements: $15,000+/month revenue, 6+ months in business, 500+ credit
• Funds in 24-48 hours, no collateral, no lengthy underwriting
• Repayment is a daily percentage of revenue (holdback rate), not a fixed payment
• No minimum credit score, all business types and credit histories considered

What is a Merchant Cash Advance for Small Business?

A merchant cash advance for small business is a type of funding that provides businesses with a lump sum of cash in exchange for a percentage of their future sales. This type of funding is often used by businesses that need quick access to cash, such as those in the retail or restaurant industries.

How Does a Merchant Cash Advance Work?

A merchant cash advance works by providing businesses with a lump sum of cash in exchange for a percentage of their future sales, which is then repaid through daily or weekly payments. The repayment terms are typically based on a percentage of the business's daily or weekly sales, and the funding provider will often work with the business to determine a repayment schedule that works for them.

What Are the Benefits of a Merchant Cash Advance for Small Business?

The benefits of a merchant cash advance for small business include fast funding, flexible repayment terms, and bad credit acceptance. Because a merchant cash advance is based on the business's future sales, rather than their credit score, it can be a good option for businesses that need working capital but have been turned down for traditional loans due to bad credit.

How Much Funding Can I Get with a Merchant Cash Advance?

With a merchant cash advance, you can get funding from $15,000 to $500,000. The amount of funding you can get will depend on your business's monthly revenue, as well as its creditworthiness.

What Are the Requirements for a Merchant Cash Advance?

The requirements for a merchant cash advance include a minimum of $15,000 in monthly revenue, 6 months in business, and a credit score of at least 500. You will also need to provide financial statements and other documentation to support your application.

Can I Get a Merchant Cash Advance with Bad Credit?

Yes, you can get a merchant cash advance with bad credit, even with a credit score as low as 500. Because a merchant cash advance is based on the business's future sales, rather than its credit score, it can be a good option for businesses that have been turned down for traditional loans due to bad credit.

How Long Does it Take to Get Funded with a Merchant Cash Advance?

With a merchant cash advance, you can get funded in as little as 24-48 hours. The funding process is typically quick and easy, and you can often get approved and funded on the same day. If you need to compare this with other options, see our merchant cash advance vs. business line of credit breakdown.

Frequently Asked Questions

• What is a merchant cash advance for small business? A merchant cash advance for small business is a type of funding that provides businesses with a lump sum of cash in exchange for a percentage of their future sales.
• How does a merchant cash advance work? A merchant cash advance works by providing businesses with a lump sum of cash in exchange for a percentage of their future sales, which is then repaid through daily or weekly payments.
• What are the benefits of a merchant cash advance for small business? The benefits include fast funding, flexible repayment terms, and bad credit acceptance.
• How much funding can I get with a merchant cash advance? With a merchant cash advance, you can get funding from $15,000 to $500,000.
• What are the requirements for a merchant cash advance? The requirements include a minimum of $15,000 in monthly revenue, 6 months in business, and a credit score of at least 500.
• Can I get a merchant cash advance with bad credit? Yes, you can get a merchant cash advance with bad credit. Credit scores as low as 500 may qualify.

Ready to See Your Options?

If you're interested in getting a merchant cash advance for your small business, you can start by seeing if you qualify. Our qualification process is quick and easy, and you can get started in just a few minutes.

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