MERCHANT CASH ADVANCE
About Merchant Cash Advance
A merchant cash advance is not technically a loan. With an MCA, a financing company advances you cash in exchange for a percentage of your daily credit card and debit card sales, plus a fee. Merchant cash advances can be quick, easy ways to get a business cash advance with no need for collateral—even if you don’t have a great credit score.
Benefits of a Small Business Loan:
Working Capital from $5K – $500K
Terms up to 15 months
Flexible Payments
Immediate Payoff Discounts
No Need for Collateral
No Obligation Quote
Questions to Ask Yourself Before Applying For a Business Loan:
1. How much money should I loan for?
We ‘re always tempted to go for more with money. The ideal way to apply for a loan is to carefully plan and research how much your business really needs and how much you can easily repay. In this way, you can ensure that you are helping your business grow.
2. Am I qualified for a business loan?
If you have a business that has been in operation for more than 6 months, you can fill up the online application and submit the necessary requirements for the business loan approval.
3. Am I capable of fully understanding the loan application process?
We have financial consultants who can assist you throughout the loan process. We will explain everything and will make sure everything about your loan is fully covered and understood.
Eligibility Requirements
Advance Size
Terms
Payment
Documentation
Getting loans is easy. Fill out the online application and submit the following documents so we can assess whether you are eligible for a loan:
Valid Proof of Applicant's Identity:
Proof of Residence:
Income Proof:
Note: The bank may request/ask for longer bank statement proof
Financial Documents:
Note: The bank may request/ask for longer bank statement proof
Business Ownership Proof:
The last 6 months audited financials.
FAQ
Below is a list of frequently asked questions to help you understand how this works.