
Merchant Cash Advance
Merchant Cash Advance
Get Fash Access to Working Capital
In order to satisfy their financial demands, firms can quickly access working capital based on future credit card or other receivables through a merchant cash advance (MCA). This alternate form of financing provides firms with immediate access to a lump cash in exchange for a part of future revenue receivables at a reduced rate. This makes it possible to match the payment schedule to the pace of business sales.
A number of requirements must be satisfied in order to qualify for a merchant cash advance. The company must take credit card payments or have other receivables in order to qualify, among other requirements.
It is simple and quick to apply for a Merchant Cash Advance at Coastal Capital Solutions. You can finish the application for your company using our online system.
If your business accepts credit card payments and you need fast access to capital funds then this may be the ideal option for your business.. The application process is very simple and straight forward, and are designed to help businesses get flexible access to the working capital they need quickly.
If your business has high credit card sales, receivables, or is seasonal, then a merchant cash advance might be right for you. All that is needed is a valid form of Id, business bank account, and the last 3 months of your business bank statements and credit card processing statements.
Merchant Cash Advance Pros:
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Fast Cash
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Fairly simple and easy approval
Merchant Cash Advance Cons:
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Cost of borrowing may be high
Best for:
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Businesses with invoice that need cash right away
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Invoice with 30,60 or 90 day payment terms are best
