What is a Cash Advance and Other FAQs

• What is a Merchant Cash Advance?
  A merchant cash advance is an alternative to traditional financing. With a merchant cash advance you receive an upfront cash advance payment against credit cards and all other forms of future electronic processing.
• How can MCA help me get cash?
  Our merchant cash advance program is a unique financing program that is not offered by banks, leasing companies and other traditional lenders. Our financing program can provide you with working capital in a hurry, often in less than a week! Since our program does not require you to make fixed payments to MCA, many small and medium sized businesses opt for our financing program because of the flexibility it provides.
• Why is MCA one of the most responsive options available to manage my cash flow needs?
  We are not a lender or a traditional source of financing! If you have been in business for more than 9 months and have at least $5,000 in monthly Visa/MasterCard sales, there is a very high likelihood that we can put cash in your hands within 10 days. No hoops to jump through, no personal collateral, no tax returns, no liens, no cumbersome fixed loan repayments keeping you up at night and no bankers saying "no."
• Why is MCA one of the most flexible options available?
  Since our financing program is not a loan, there are no fixed payments to worry about. We simply buy a portion of your future Visa/MasterCard receipts and, here is the best part: We only get paid as quickly as your business allows. In other words, the amount that you pay MCA each month is determined by how well your business performs. We are true partners in your success.
• How does the merchant cash advance program work?
  We purchase a set dollar amount of your future Visa/MasterCard sales at a discount. Then, through an automated process, we seamlessly collect the set dollar amount by taking a small percentage from each of your future Visa/MasterCard sales.
• How do I know if I qualify for a merchant cash advance?
  If you have been in business more than 9 months, have at least $5,000 of monthly Visa/MasterCard receipts, and meet some other simple requirements, you will most likely qualify. Click here to start the cash advance application process.
• How much financing do I qualify for?
  The amount of funding is based on your monthly Visa/MasterCard sales and your monthly gross volume. In general, you may qualify for up to 150% of your current average monthly credit card processing (in some cases more).
• What do you mean by "gross volume"?
  Gross volume means your total receipts from all your business transactions. This includes cash, credit card receipts, debit cards and checks.
• What can I use the money for?
  Unlike banks and other traditional lenders, we do not specify how you must use the working capital we provide. We trust you to put the money to good work, and you can use the working capital for any of your business needs.
• How do I make payments?
  We work seamlessly with your credit card processor and retrieve an agreed upon fixed percentage of your daily Visa/MasterCard sales directly from your processor. There are no payment coupons, late fees or prepayment penalties.
• How do I know how much I have left to pay?
  You can see your repayment history and remaining balance online.
• Who can I contact to learn more?
  You can call our Customer Support Center at 1-877-522-7410 between the hours of 9am and 6pm EST. They will be happy to answer any more questions you may have about our services. If you want to unlock the potential of your business, submit a preliminary application on line today and we will contact you within one business day to get you moving quickly to get the cash you need.
• How do I get a cash advance?
  It's easy! Click here to start the cash advance application process now. Approval usually takes just 48 hours!