What is a Merchant Cash Advance?
Merchant Cash Advance (MCA) is a financing option where businesses receive cash upfront in exchange for a percentage of future credit card sales revenue. Unlike traditional loans, MCAs typically have a faster application process and offer repayment flexibility.
When you receive a merchant cash advance from Affiliated Capital Funding we will provide you with a lump sum of capital in exchange for a percentage of your business’s future sales. You will receive working capital now, and we will receive a percentage of your sales until the balance is paid in full.
Our Funding Experts will work closely with you to jumpstart your business’s growth without maxing out your cash flow. Business owners averaging a minimum of $10,000 per month in sales over the last three months typically qualify for an MCA equal to 70-120% in funding, from as little as $20,000 up to $500,000. We offer both fixed and flexible repayment schedules, and there’s no fixed term.
Who Should Apply for a Merchant Cash Advance?
- Businesses seeking fast funding—MCAs money available in 24-48 hours
- Businesses that process a lot of debit and credit card transactions
- B2C businesses that need smaller amounts of funding
- Businesses with lower credit scores
- Business owners that do not have collateral, such as real estate and other assets
Merchant cash advances can benefit bars, restaurants, dental practices, attorneys, medical practices, gas stations, pharmacies, and more. No matter what industry you operate in, our expert Funding Advisors will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.
How to Use a Merchant Cash Advance
There are no restrictions on how a merchant cash advance can be used. MCAs are typically best used to support growth strategies that will help increase your revenue, such as:
- Taking advantage of time sensitive opportunities to grow
- Expanding your marketing strategy
- Purchasing inventory or raw materials in bulk
- Upgrading equipment or technology
- Hiring new staff
- Investing in training and continuing education
Merchant Cash Advance Requirements
Traditional bank and SBA loans are typically only given to wealthy business owners with property and extremely strong credit scores. Affiliated Capital Funding has more flexible approval requirements that focus on the overall health of your business, not just your credit score. Your business must accept credit and debit card payments to qualify and no collateral is required.
Here are some factors we consider:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
We are just a call away, call us at 312-399-4683 or click the button below to apply online.
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Affiliated Capital Funding the Commercial Capital Division of Affiliated Solutions Inc