What should a business use a Merchant Cash Advance for?
Be sure to meausure potential return on investment when consdering a Merchant cash Advance. When used properly, these funds can be a great vehicle to grow your business!
Remodel a patio or bar
Purchase new equipment
Invest in a new marketing campaign
Open a new location
Repair existing equipment
Get some debt paid off
Buy out a partner
What is Needed to Qualify
Business Types That Use MCA
Qualifying for a Merchant Cash Advance can be much easier than traditional capital resources. The decision is typically based more on the viability of the business than the owner's personal credit. Here are a the main requirements
Your business processes over 100 transactions per month
Your business processes over $5,000 per month
You have been in business for more than 1 year
Your business rent is current or funds will be used to get you current
Speak to one of our account specialists today to get the process started...you could have the funds in as little as 5-7 days!
Businesses that typically are able to get approved for a merchant cash advance include the following