A business cash advance, also called a merchant cash advance (MCA) is a quick way to make a short-term cash injection into your business. This type of unsecured business financing is based on your future revenue and credit card sales , making it ideal for established businesses.
Loan Amount: $5,000 to $1,000,000
Loan Duration: 3 months to 36 months
Business cash advances are for established businesses that meet the following requirements:
Because Immediate Business Funds makes it easy for businesses to get the financing they need, fast, we only require the following documents:
Business Cash Advance Frequently Asked Questions
What can I use a business cash advance for?
That’s up to you! A business cash advance can be used to pay for unexpected operating or capital expenses, the launch of a new product or service, or any other need your business has.
How will I repay a business cash advance?
Business cash advances are repaid daily or weekly via automatic ACH drafts from your business bank account, usually as a portion of future credit/debit card sales.
How is a business cash advance different from a business loan?
Cash advances put more weight on your business’s sales and revenue. If you have consistent and high credit card sales, it is easier to qualify for a business cash advance. Cash advances are not a form of business loan; they are a way for you to use your future income to get immediate funds now.