Merchant Cash Advances

What is a Merchant Cash Advance?

Merchant Cash Advance (MCA) is an easy and quick way in which small and midsize business owners that lack collateral or have a low credit score to qualify for a conventional bank loan can obtain an upfront sum of cash. The borrower will then repay with a percentage of future credit and debit card sales processed through the business’ merchant account.

In reality, an MCA is not a business loan–it is a lump-sum of money provided by the lender in exchange for a percentage of the business’ future revenues.

A Cash Advance is an excellent alternative for any business owner with a low credit score (FICO) because it is a short-term loan that requires no collateral. Also, if you need working capital instantly, the approval process is faster than any other loan.

Have a Question? Speak with an expert: 1-877-926-0024

What is a Merchant Cash Advance?

Merchant Cash Advance (MCA) is an easy and quick way in which small and midsize business owners that lack collateral or have a low credit score to qualify for a conventional bank loan can obtain an upfront sum of cash. The borrower will then repay with a percentage of future credit and debit card sales processed through the business’ merchant account.

In reality, an MCA is not a business loan–it is a lump-sum of money provided by the lender in exchange for a percentage of the business’ future revenues.

A Cash Advance is an excellent alternative for any business owner with a low credit score (FICO) because it is a short-term loan that requires no collateral. Also, if you need working capital instantly, the approval process is faster than any other loan.

Have a Question?
Speak with an expert: 1-877-926-0024

LOAN AMOUNT

From $20,000 to $5,000,000

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LOAN TERMS

up to 2 years

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TIME TO FUND

As soon as 24 hrs

INTEREST RATE

As low as 18%

How to Apply for an MCA with CF Lending…

Once you submit the application form, we will determine if you qualify for the program and how much capital you can get. If your application is approved, funds will be transfered to your bank account.

You can Apply for a Merchant Cash Advance Online or give us a call if you have any questions: 1-877-926-0024

Our Application Process:

Step 1: Complete business loan application from

Fill the loan application form with basic details like your name, social security number, business tax identification number, business location, and any other essential information regarding your business.

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Step 2: Provide 4 months of business bank statements

Submit the documents that will be used to assess your business’s financial health as well as your identity. Some of the documents include your government-issued ID, and a statement showing your business’s credit card transactions.

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Step 3: Approval process

After completing the loan request form and providing the necessary documentation, a loan specialist from GoKapital will approve the advance. Getting approved for an MCA with us is easy.

Key Features of our MCA Program

  • Rates From: 18%
  • Terms: 3-24 months
  • Loan Amounts: $20K – $5M
  • Time to fund: 1 Business Day
  • Time in Business: Min. 3 months
  • Existing Advance: No Problem
  • Tax Liens Acceptable: Yes
  • Industries Funded: All
  • Repayments: Daily or Weekly
  • Collateral Required: No
  • Restrictions on Uses: No
  • Rates From: 18%
  • Terms: 3-24 months
  • Loan Amounts: $20K – $5M
  • Time to fund: 1 Business Day
  • Time in Business: Min. 3 months
  • Existing Advance: No Problem
  • Tax Liens Acceptable: Yes
  • Industries Funded: All
  • Repayments: Daily or Weekly
  • Collateral Required: No
  • Restrictions on Uses: No

or Call us: 1-877-926-0024

Monday – Friday 9am – 5pm (U.S. Eastern Time)

Benefits of Getting a Merchant Cash Advance

Compare Cash Advance Options to Find the Best MCA For Your Business

Pros

  • Fast approvals
  • Fast funding
  • Minimal underwriting and due diligence
  • Minimal documents required
  • Nearly all credit-types acceptable
  • Will fund even with tax liens
  • Entire process can be handled online
  • Funds wired directly into business account

Cons

  • May be expensive
  • Requires daily repayment (or weekly)
  • High fees
  • Can prevent attempts to get traditional financing
  • Blanket lien on all business assets
  • Interest is not tax deductible
  • May stress cash flow
  • Short repayment terms

An MCA comes with less risk compared to other forms of financing

A conventional bank loan places your business at risk of losing the collateral or even hurting your credit score if you default or repay the loan late. Unlike the bank loan, an MCA will not affect your credit score since it is a sales transaction. Collateral is not even required to secure the advance.

Repayment and Loan Costs

Unlike a bank loan, the advance’s payback amount is calculated using a factor rate rather than the typical interest rate. Factor rates generally range between 1.1 and 1.8.

The repayment starts as soon as we transfer the funds into your account. We will also adjust the payback amount according to your business’s credit card sales.

Industries that qualify for an MCA loan.

Who can Benefit from CF Lending’s Merchant Advance Loans?

CF Lending serves almost all small and medium businesses looking to secure a merchant advance to support various business processes. Some of the companies that would benefit from CF Lending’s merchant advance loans include:

  • Flipping companies
  • Real estate companies
  • Small businesses
  • Retail stores
  • Healthcare facilities
  • Auto repair shops
  • Restaurants
  • Construction companies

Why should you choose CF Lending for business financing?

Some of the reasons that make investors choose CF Lending over other lenders include:

Our financial advisors are always available for consultation

Unlike most lenders, CF Lending works with a dedicated team of advisors who offer a free consultation to clients. You can take advantage of these free services to make sound financial decisions.

Reliable lender

CF Lending collaborates with credit unions, mortgage lenders, and many more financial institutions. Besides working with financial institutions, we are always in constant search for technological solutions to facilitate easy and fast application.

Excellent customer service

CF Lending is dedicated to meet, if not exceed, our customer’s expectations.

Nationwide and international coverage

We are headquartered in Orlando, Florida, but we also serve clients from all States, Canada, and Puerto Rico.

Minimum qualifications

Unlike traditional lenders who fund only established companies with attractive credit history, CF Lending offers loans to any business as long as it has been running for at least four months and is making $20,000 in monthly sales. Furthermore, any business can qualify regardless of their FICO score.

CF Lending values minorities

We believe that every entrepreneur deserves the opportunity to excel. For this reason, veterans, Latinos, and women in business are highly encouraged to apply for a merchant advance.

You can receive as much as $5,000,000

Another reason why you would want to get your loan from us is that you can qualify for as much as $5,000,000 as long as your business makes reasonable credit card sales per month.

or Call us: 1-877-926-0024

Monday – Friday 9am – 5pm (U.S. Eastern Time)

OTHER SERVICES

Merchant Cash Advance

Any business owner that needs capital right now can apply for a Merchant Cash Advance with CF Lending and get a lump sum upfront.

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Equipment Leasing

Loans for New and Used Business Equipment financing helps you grow your business while preserving much-needed capital.

Commercial Real Estate

Secure financing for commercial properties, available in all 50 states, with terms ranging anywhere from 1 to 30 years.