Merchant Cash Advances How To Make The Most of Merchant Cash Advances …and Get Up to $250K in Financing for Your Business

(Flexible, Reliable Solution for Business Funding)

Merchant Cash Advance

This type of financing is often called a merchant cash advance, or MCA. A cash advance is a short-term loan from a bank or an alternative lender. The term also refers to a service provided by many credit card issuers allowing cardholders to withdraw a certain amount of cash. 

Our merchant financing program works well for business owners who accept credit cards and are looking for fast and easy business financing. Get approval for financing with no collateral requirements and bad credit. Get funding based strictly on cash flow as verifiable per your business bank statements. Our lenders will not ask for financials, business plans, resumes, or any of the other burdensome document requests that most conventional lenders demand. 

Many of our clients come back for more financing once they are paid down to 50%. Often within three to six months of approval you will get an opportunity for more money than you got before. We also provide you access to merchant credit lines where you can have consistent access to cash.

Fast Facts on Credit Suite Merchant Cash Advances


Approval Amount
Loan amounts and qualifications depend on credit card statements


Bad Credit


Necessary Financials
3 Months of Bank Statements

Why You Need Merchant Cash Advances

  • 24 – 48 hour pre-approval; 72 hour formal approval
  • Loan amounts up to $250,000
  • Application to funding in 3 days or less
  • Get approval for additional future funding
  • Easy merchant statement review for approval
  • No application fees
  • Bad credit accepted
  • No collateral requirements
  • Revenues of $50,000 or less accepted
  • Starter programs are also available
  • 3 – 36 month terms
  • Get up to one month’s revenue

How Does It Work?

4-Step Process



Step 1

Complete the form for a one on one consultation with a Funding Specialist


Step 2

Submit your application. Soft pull on your credit. Lenders will review 3 months of bank and merchant account statements to confirm consistent deposits showing revenue is $50,000 or higher annually, with more than ten deposits in a month going into your bank account


Step 3

Get pre-qualified in as little as 24 hours


Step 4

Meet directly with Merchant Cash Advances Advisors and get access to your financing
If you are NOT approved, you’ll find out why, as well as what you can do to get approved.

How to Qualify for Funding With Merchant Cash Advances

Below are the requirements to qualify for Merchant Cash Advances:

Provide 3 months of bank and/or merchant account statements
Must have consistent deposits showing revenue is $50,000 or higher annually
Must be in business at least 6 months
Must be able to demonstrate low chargebacks on merchant statements
Must have few NSFs
Must have more than ten deposits in a month going into the account

Fundability Factors Needed for Qualification


See what you qualify for today



This program offers 3 – 36 month terms

How Much Does It Cost?

We'll provide you with a lump sum of capital in exchange for a percentage of your business’s future sales.

Multiple Finance Options All In One Place

Wondering if a Merchant Cash Advance is right for you? Find out now, and if it isn't the best fit, we have multiple other options Find out how much you qualify for Merchant Cash Advances today and let our team help you find the best option for your situation.


What is a Merchant Cash Advance?

A merchant cash advance, or MCA, is a lump sum of capital lent against a business’s future sales. Hence this type of financing is an advance and not a loan.

By definition, a business cash advance is short-term and repaid through smaller daily (or weekly) payments until the total cash advance and lender fees are paid in full.

A small business owner can apply for a merchant cash advance and, once approved, have the cash advance deposited into a bank account the same day.

How Does a Merchant Cash Advance Work?

The small business owner and MCA provider agree on the advance amount, payback amount, holdback, and term of the advance. Once an agreement is made, the advance is transferred to the business’ bank account. This is in exchange for a future percentage of credit card receipts. 

Depending on the way your cash advance is financed, your lender will either take a daily percentage of credit card sales or a percentage of the total daily business sales.

What are Holdbacks?

A holdback is when each day, an agreed upon percentage of daily credit card receipts are withheld, to pay back the MCA. This holdback will continue until the advance is paid in full.

What is a Factor Rate?

A factor rate is the percentage a business pays back of the borrowed amount. Often, a business using a merchant cash advance will pay back 20% – 40% or more of the amount borrowed. There’s a difference between the holdback amount that a small business pays every day, which is a percentage of sales receipts, versus the repayment amount for the entire advance.

There could, for example, be a holdback of 15% and a repayment of 30%. It’s important for business owners to understand this distinction.

A holdback percentage is based on the amount of funds a business gets, how long it will take to pay back the money, and how big monthly credit card sales are.

What Are the Pros of a Merchant Cash Advance?

The biggest advantage is a quick approval process: Compared to other forms of business financing, the MCA application and approval process is less involved. After reviewing past bank statements and business info, many MCA lenders can make a funding decision within hours.

Also, same-day funding available: MCAs are one of the fastest forms of financing on the market. Some merchant cash advance lenders can release funds the same day an application gets approval. 

There is no collateral required: Merchant cash advances are a form of unsecured financing. Therefore, you do not have to back the advance with collateral. 

And, most credit scores qualify: MCA lenders work with business owners even if their credit needs work. If you have the cash flow to support repayment, you can often get an MCA.

What Are the Cons of a Merchant Cash Advance?

The biggest disadvantage is higher fees: On average, merchant cash advances are more expensive than other forms of financing. 

There are also shorter repayment terms. Though repayment periods will vary by lender and the individual qualifications of the borrower, often these advances must be paid back in 12 months or less. 

You can’t borrow as much. Advance amounts are based on your sales potential. Therefore the amount you qualify for may be lower than other forms of financing.

You often have to pay back MCAs on a daily or weekly basis. This can impact cash flow.

How Do You Pay Merchant Cash Advances Back?

A small portion of each future credit card sale goes towards paying back the merchant advance loan.

There are no fixed repayment amounts or terms. This gives flexibility to your business if you are having a slow month.

Which Kinds of Businesses are Merchant Cash Advances Good For?

A merchant financing program is ideal for business owners who accept credit cards and are looking for fast and easy business financing. An MCA program is designed to help you get funding, based strictly on cash flow as verifiable per business bank statements. As a result, lenders in general will not ask for any burdensome document requests.

This is not like what most conventional lenders demand. Their demands can include financials, business plans, and resumes. Best of all, you can get approval regardless of personal credit quality. You don’t even need collateral. Your business’s credit card receipts and business bank statements do all the talking.

Is a Personal Guarantee Necessary with a Merchant Cash Advance?

No! With a merchant cash advance bad credit, you do not have to have good credit to qualify.  These loans leverage your positive credit card processing history to determine approval, not your credit scores.

There can be some credit score restrictions, but in most cases, you can get approval with even below average personal credit scores.

As a result, a personal guarantee doesn’t make sense for the lender. As long as your customers are paying you, then your business will be able to keep up with payments on an MCA. Since the amount you need to pay back fluctuates based on revenue, it’s a second incentive (beyond profit) to work hard toward success—you’ll pay your MCA off faster, too.

How Can Merchant Cash Advances Help You Attract and Retain Customers?

Since you can get paid a percentage early, an MCA works well with providing your customers with net 30 terms. 

If you provide your customers with net 30 terms, getting a merchant cash advance means you’ll get a percentage of your bill paid to you early, thereby reducing the interruption of your cash flow. You can cover any shortfalls while you wait for payment—and pay your own business’s bills. 

Your customers won’t need to know a thing. From their perspective, you’re just giving them good repayment terms. And because you can give them good payment terms with a lot less effort, it’s easy for you to continue to offer good terms throughout the life of your commercial relationship with them. This is something that your competition might not be able to do.

Stay In The Loop

Subscribe to our weekly newsletter that delivers the most actionable, tactical, and timely business financing tips you actually want and need for Free
*Plus get instant access to the 3-part Fundability™ training - a systems that helps your business become more Fundable and makes you look great to credit issuers and lenders