A Merchant Cash Advance is a lump sum payment deposited in your business account.  In exchange, you agree to sell us a percentage of your future credit card/receivables at an agreed-upon percentage.  Every time your customer makes a credit card purchase, you are on your way to paying back the loan at the agreed-upon percentage.  The settlement comes directly from the credit card processor associated with the business, in order to make money from the business owners’ POS, in order to quickly and efficiently pay back the loan.

Merchant Cash Advances are hassle-free and fast.  Businesses who would be caught in the red tape associated with traditional loans, often get approvals within 72 hours of request with a Merchant Cash Advance provider. Because there are no checks to write, and the money is paid back at every Point Of Sale automatically, there is no concerning yourself with late fees.  In addition, there are no fixed payments, late fees, hidden fees or interests.  That means the agreed-upon loan will never change percentage, and there will be no surprises.  Because there is no collateral for the amount of the loan, the only side that takes a risk, is the Merchant Cash Advance Company.  If your business is having a great day you can pay the balance off quicker.  If your business is having a slow day, you are not penalized.  The percentage always remains the same, and the amount differs based on your sales.  Perhaps one of the most important aspects in today’s society, where your credit score can make or break you, Merchant Cash Advance companies do not appear on your credit report.  To summarize, with the absence of guarantees, collateral, and equity, Merchant Cash Advances are a risk-free solution to your monetary needs.

Merchant Cash Advances have supported business owners in all industries.  The only requirements are that you are a business that deals with credit card transactions totaling to a minimum of $5,000 and have been active for minimally a year.