Short Term Loans & MCA
(Merchant Cash Advance)
With
Minimum Interest Rate
From 12% APR
Maximum Approval Amount
$1,000,000
Maximum Loan Position
5th Position
Approval Time
1-2 Business Days
Repayment Stractures
Daily – By Weekly
What is an MCA Loan?
MCA Loans (Merchant cash advance) is not technically a loan. You will receive upfront funds in exchange for a slice of your future revenue. In the past, most merchant cash advance been for businesses whose revenue comes primarily from credit and debit card sales. Nowadays, merchant cash advances are available to other companies that don’t depend on credit card or debit card sales.
How much you’ll pay in fees is determined by your ability to repay the merchant cash advance based on your revenue at the time of applying.
Where Do I Start?
How to qualify for a business line of credit?
PERSONAL CREDIT SCORE
FROM 500 FICO
MINIMUM ANNUAL REVENUE
$250,000
YEARS IN BUSINESS
MINIMUM 12 MONTHS
Frequently asked questions
How an MCA loans repayment work?
Your payment will be charged by a fixed daily, weekly or by-weekly charges directly from your business bank account, known as ACH ( Automated Clearing House) withdrawals.
Can I combine an MCA Loan with another funding program?
Yes. We have different programs that are available to be used along other funding programs. The approval process will take in account the existing debt and will offer you one out of two options:
- Loan Consolidation: We are able to pay your existing debt and provide you with additional funds
- Stacking: If the finances allow it, we are able to provide you access to funds alongside other funding options.
Am I able to refinance my loan ?
Yes. All our programs contain a refinance / renewal option after 35%-50% of the program is completed. I most events if the business maintained a good track of payments the renewal offer will be at a lower rate and better terms then the intial program.
