Merchant Cash Advance

Specifics

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• Useful funding solution for businesses with no or few assets, as well as those who require capital for growth but have a limited credit history. 

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• Usually repayments are made as a percentage of revenue. That means when things are going well, you pay more back each month, but if the business is going through a lean period you’ll pay a smaller amount. 

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• Any business that receives payment via a card terminal can get a merchant cash advance

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• There’s no need for credit checks or a detailed look into your accounts

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• Many lenders only work with specific terminal providers, which means your choice might be limited depending on the provider you currently use. However, there are some who work with a wide range of terminal providers