Up to $500,000 · Funded in 1–2 days
Merchant Cash Advance
Capital now against card takings later, for a business whose months are not the same size.
- Funding amount
- Up to $500,000
- Repayment
- Daily or weekly, from sales
- Factor rate
- 10% – 35%
- Funded in
- 1–2 days
What makes it different
Repayment is a share of sales, so a quiet week costs you less.
A cash advance is not a loan. It buys a fixed share of your future card sales at a discount, and it is collected as those sales come in. A quiet week collects less and a busy week collects more, which is the whole point of it for a seasonal business.
It is priced as a factor rate, not an interest rate, so the cost does not fall if you clear it early — and at the top of the range it is the most expensive money on this site. It is the right answer when the alternatives will not move fast enough or will not approve you, and it is worth reading the figure out loud before signing.
What it gives you
Why a business takes this one
- Repayment moves with takings
- Low credit scores considered
- No collateral required
- Priced as a factor rate, not interest
The application
Send one application
Six steps and a few minutes. No fee, no obligation, and no hard credit check to see what you qualify for.
Rather talk to somebody first? (877) 206-6060.
Start here
What is the money for?
Three answers cover almost everyone. Follow yours down to the one or two products worth reading about, and skip the other four.
A gap to cover
Money is going out before it comes in — payroll, rent, stock, a slow month, an invoice that has not been paid yet.
Something specific to buy
There is a price on it already: a machine, a vehicle, a fit-out, a second site, a large order of stock.
Room to move, before you need it
Nothing is wrong today. You want a limit sitting there for the month something goes wrong, or goes right, without reapplying.