Merchant Cash Advance
What is a merchant cash advance?
A Merchant Cash Advance isn’t technically a loan, but rather a cash advance that is paid back by withdrawing a percentage of your credit sales, typically on a daily basis. Since a merchant cash advance is based on a certain percentage of the daily balance, the more credit card sales a business does the faster they are able to repay the advance. On the other hand, during times of slow business, the payback would be reflective of the incoming cash flow.​​
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What do you need to qualify?
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3+ months in Business (you can qualify for our top financing options with as little as 3 months in business)
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$5,000+ Monthly Gross sales (the minimum revenue to qualify for financing options are $5,000 per month, or $60,000 in annual gross sales).
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No minimum FICO (We have financing options for all credit profiles. There is no minimum FICO score required to apply)
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