4 reasons why every business should get a loan As...Read More
Merchant Cash Advance (MCA)
Merchant Cash Advance (or MCA) is a purchase of future revenue in exchange to a fixed interest on the advanced amount. The MCA approval process is based mainly on your most recent gross sales and no minimum FICO is required.
* What Is A Factor Rate?
Factor rate is way of expressing the amount of interest charged on an advance with no relation to the time period of the loan.
ex- $10,000 x 1.2 FR = $12,000
Business Line of Credit
With our Business Line Of Credit, you decide when and how-much to draw out your credit limit. Pay interest only for the amount you use and only for the time you use it.
* Advertised APR info
Interest Rates are subject to change. Annual Percentage Rate (APR) advertised is based on the largest funding amount and does not include any origination charges and/or fees