Companies that offer Merchant Cash Advance?
There are many companies out there that offer merchant cash advance, also known as MCA funding or known as "Business Cash Advance" (BCA). These include merchant funding companies like:
What is a Merchant Cash Advance?
A merchant cash advance is a fast, affordable, and simple way for a healthy business to access money by selling an agreed upon amount of its future banking receivables. It can be a very attractive financing option, as it requires a minimal amount of time and documentation.
Because you use a percentage of your daily sales to pay back your cash advance; you pay back less on slow days and more when things pick up. You never have to write a check and there are never any late fees.
Business Cash Advance vs. Bank Loans
- Collateral is not required
- You are funded in days – not weeks
- Flexible payback structure
- No personal guarantee
- No reporting to credit agencies
