To Apply for Funding
What is a Merchant Cash Advance
A product that lets you acquire your future cash sales today
Not to be confused with a loan, an MCA is the best way to acquire funding when time is not on your side, and traditional banks arent a viable option. It can be practically used for any business need from acquiring equipment to adding inventory. It's a quick solution for acquiring cash on short notice when you need money for emergency expenses. Some of the benefits to keep in mind are
1.No Colateral Needed
You will not be required to present any of your assets or personal saving as collateral to secure this type of funding for your business
2.Fast funding Process
Unlike traditional banks, you are able to get the funds in your account quickly as everything is normally processed within 24hrs
3.Easy Payment Plans
There are minimum payments that you can make during low seasons. This makes it affordable and convenient during low sales.
4.Easy Approval
You are funded based on the health of your revenue thus red tapes and standing blocks such as credit scores are of little to no concern for qualification
Application Process
4 Easy Steps to stress-free funding
Step 1. Apply for funding
To make the process be smooth and fast gather the last 3 months of bank statements of your business. Please note that your business should be at least 6 months in operation
Step 2. Fund Specialist
Contact a fund specialist here or fill-up the form here and a fund specialist will complete the application and discuss available options
Step 3. Acquire Funding
Your application should be approved within 24hrs with the funds being deposited also within the same times frame
Step 4. Payment Plan
Payments are agreed between you and the lender and can range from weekly, bi-weekly or monhtly