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A Merchant Cash Advance (MCA) is a financing instrument where a business receives a lump sum
of cash upfront in exchange for a percentage of its future receivables.
The repayment amount varies based on the business’s sales volume.
This method allows businesses to access immediate capital without traditional loan requirements.

To qualify for a Merchant Cash Advance, businesses typically need to meet a
minimum monthly revenue threshold (starting around $5-10k), and at least 3-6 months of operational
history. MCAs are also accessible to business owners with credit
scores ranging from 400-500.

Merchant Cash Advances (MCAs) are known for their quick approval and funding processes.
Businesses can often receive an approval within a few hours after submitting a complete
application. Funding typically follows shortly thereafter and can even be funded within the same day of applying.
This rapid turnaround allows businesses to access needed capital promptly for addressing immediate
financial needs or opportunities.

Choosing a Merchant Cash Advance (MCA) offers several advantages over traditional loans.
MCAs provide quick access to funds with faster approval and funding timelines, minimal paperwork,
and accessibility for businesses with lower credit scores. Repayment is flexible, tied to daily credit
card sales or receivables, aligning with cash flow and avoiding fixed monthly payments, which is particularly
advantageous during slower business periods.

Yes, Merchant Cash Advances (MCAs) are generally flexible in terms of usage,
allowing businesses to apply funds for various purposes. Common uses include purchasing
inventory, covering payroll, financing marketing campaigns, upgrading equipment,
handling seasonal fluctuations, or addressing short-term cash flow gaps. This
versatility makes MCAs a practical option for meeting a wide range of business
needs and operational expenses.

No, you can repurchase the sold receivables at any time without penalty. A discounted repurchase price may also be available.

Repayment with a Merchant Cash Advance (MCA) is based on a specified percentage of
monthly sales or receivables, known as the holdback rate. This flexible structure
adjusts the repayment amount according to the business’s sales volume. Factors
influencing the repayment include the agreed holdback rate and overall business performance,
allowing businesses to manage cash flow more dynamically than traditional loan repayments.

If your business faces financial challenges and struggles to make repayments on a Merchant Cash Advance (MCA),
promptly contact us. We are always able to offer flexibility and may adjust repayment terms or schedules. Options could include extending the repayment period, reducing the repayment amount temporarily, or restructuring the agreement to better suit your current cash flow. It’s crucial to initiate
communication early to avoid penalties and maintain a positive relationship with the provider.