Merchant Cash Advance | What is a merchant cash loan?

What is a merchant cash loan?

Merchant cash advances allow businesses to access capital to meet their business needs quickly. They are based on future credit card receivables.

This business cash advance is a quick and easy way for businesses to access funds quickly in exchange for a portion of their future revenue. Specific criteria must be met to be eligible for an MCA. One important requirement is that the business accepts credit card payments and has other receivables.

The merchant cash advance amount starts from $5,000 and can go up to $500,000. The business advance is perfect for small businesses that need quick access to capital funds.

It also has a more straightforward application process. Merchant cash advances offer flexibility to businesses because they are variable in terms of business receivables.

A merchant cash advance may be the right option for your business if you have high cred, receivables, movables, or seasonal.

Flexible Payments

Automated payments are calculated based on a percentage of credit card sales by the business or other receivables.

Estimated Completion Date

The business’ receivables determine the payment terms.

Costs and Fees

Receivables can be purchased at a discount price. Fees may be charged to the advance amount.

Merchant cash advances allow for quick access to capital

You only need to know four things.

  • Validation of identity
  • Number of business bank accounts and routing number for deposit
  • Statements from business banks for the last three months
  • Three credit card processing statements from the previous three months

Apply Process

Apply Online

Online applications are available from any device and anywhere. Click the GET QUOTE link at the top of this page. We would love to hear about your company and goals. Don’t forget to gather the documentation.

Let us review

Our team will review all information. Our team of business advisors will contact you if we have additional information.

Get funded

Once approved, our team will send the funds to your bank account.

Merchant Cash Advance

ConsolidationNow is committed to each client’s success. Your success is our success. We make sure your business has the right resources to succeed. Let’s not forget about the following!

  • Trusted by millions across the country
  • You can apply anywhere with a simple application process
  • Expert business advisors who are familiar with your industry
  • The facilitated process to obtain additional funding