Merchant Cash Advance

This is a one time, lump sum advance in exchange for a percentage of your future sales. A cash advance is not a loan, has no interest rate and will not appear in your balance sheet as financial debt. This provides an alternative financial solution for business owners that do not qualify for a short term loan.

  • Funding max of $1,000,000

  • Term lengths between 3 and 18 months

  • Factor rate from 1.16

  • No collateral required

  • Repayment via automated ACH debit – daily or weekly

  • Repayment can also be made with a fixed percentage of daily credit card sales

  • The difference between the amount you receive and the amount of your future sales you sell is tax deductible (consult your accountant)

  • Builds business credit

  • Same day approvals

  • Funding within 2 business days


Example 1:

1.   You agree to sell $24,000 of your sales over the next 12 months, for $20,000 today.

2.   Every business day, for the next 12 months, a small percentage (usually 10% or less) of your daily sales is remitted to the purchaser via automated ACH withdrawal from your business bank account.

3.   This is a fixed dollar amount and in this case, would be $100/day. By setting a fixed daily (or weekly) dollar amount, it simplifies accounting and allows you to properly manage your cash flow. 

Example 2:

1.   You agree to sell $24,000 of your sales over the next 12 months, for $20,000 today.

2.   Every business day, for the next 12 months, a small percentage (usually 10% or less) of your daily credit card processing sales is remitted to the purchaser via automated split from your credit card processing settlements.

3.   Rather than a fixed dollar amount, this is a fixed percentage that fluctuates based on sales. Assuming average daily sales of $2,000 and a remittance of 5%, your average daily payback will be $100. On days with higher sales, the dollar amount will be higher. On days with lower sales, the dollar amount will be lower.

Minimum Requirements

  • 500 credit score

  • 6 months in business

  • $25,000 monthly revenue

  • $500 average bank balance

Documents Required for Underwriting


Funding Request under $100,000:

  • Previous 6 months business bank statements

  • Printout of current month to date bank activity


Funding Request over $100,000:

  • Most recent business tax return

  • Previous 6 months business bank statements

  • Printout of current month to date bank activity