Has Your Business Been Hit with Unexpected Costs? Merchant Cash Advance May Be a Good Solution!
Unexpected costs are every business owner's worst nightmare.
If your bakery's commercial oven malfunctions, that can completely stall your operations and force you to close down your kitchen until it's fixed. Likewise, if you own a landscaping business and your lawnmower breaks down, you likely can't complete all your scheduled jobs, and you'll take a financial hit until you repair or replace your mower.
Unexpected expenses are inevitable, but not every business owner is in a position to fix or upgrade equipment at a moment's notice. That's where the Merchant Cash Advance may be able to help.
Merchant Cash Advance (MCA) is a boutique alternative finance product geared toward helping small businesses take care of their urgent business needs – whether that’s ramping up staffing, buying new equipment, paying for repairs, or meeting payroll needs during a tough month.
MCAs allow you quick access to your future sales in exchange for a percentage of your daily sales. An MCA is not a loan – it’s simply a way to get access to your future sales immediately.
Another key benefit to MCA is the unique ability to disburse funds FAST. When applying for a traditional bank loan, you typically don’t see the funds hit your account until weeks, if not months, later. With MCA, we are able to wire your funds within 24 hours of your application. Less red tape, less headache, less hassle.
The four qualifications to apply for an MCA:
Owned and operated in the U.S.
In operation for at least 3 months
No open bankruptcies
At least $10,000 a month in bank deposits OR at least $7,000 a month in credit card processing
If you meet the four qualifications listed above, let's chat! We understand small business, and we're here to help. If you wish to speak to someone now, please call us at 888-382-3945 or fill out the form on our home page to send us an inquiry. One of our teammates will get back to you as soon as they are available.