A Merchant Cash Advance is a funding product for small and medium-sized businesses that process credit card sales. Learn more about how it works. A Merchant Cash Advance allows businesses to access working capital that can be used for any business need.

It could be almost any business in almost any industry. The main requirement of a Merchant Cash Advance applicant is that it is a business that processes credit card sales. Common types of business that might use a Merchant Cash Advance include (but are not limited to): restaurants, retail establishments, bars and nightclubs, automotive service stations, spas and salons, florists, and medical or dental offices.

It varies for every deal, but a Merchant Cash Advance funding amount usually ranges from $5,000-150,000 per location. It could be more than $150,000 for multiple locations, but is rarely less than $5,000.

In most cases, the Merchant Cash Advance approval process takes between 7-10 business days. However, in some cases, it can be as quick as 72 hours!

A Merchant Cash Advance is not a loan and does not have an interest rate.

The credit history of the business owner will be reviewed as part of our qualification process. However, it is important to note that a Merchant Cash Advance is not a FICO-based solution, so a business owner’s damaged credit history is not an automatic disqualifier for the business.

No. There is no personal collateral required for a business to receive a Merchant Cash Advance.

This depends on who your business currently uses as a processor. Because a Merchant Cash Advance is facilitated through credit card processing, as a provider, we need to have an established relationship with our customer’s credit sales processors. If you find you do need to switch processors, we will be happy to work with you so you can take advantage of some of the best deals and most competitive rates.

Contact our Customer Service department: call Monday-Friday from 8:00 A.M. to 5:30 P.M. EST: 1-888-700-8181 (prompt 4). Have your Merchant ID ready. If you prefer, you can email the Customer Service department.

Our Customer Service department will be glad to help you find answers. You can call Monday-Friday from 8:00 A.M. to 5:30 P.M. EST: 1-888-700-8181 (prompt 4). Have your Merchant ID ready. If you prefer, you can email the Customer Service department.