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Merchant Cash Advance

Merchant Cash Advances (MCA’s) are otherwise known as a purchase of future receivables and are one of the quickest ways to obtain financing. 

What is a merchant cash advance?

A merchant cash advance gives a business quick access to working capital in order to meet business needs based on future credit card receivables. Merchant cash advances come in various forms and often have shorter durations and smaller remittance amounts than business term loans, making them ideal for small business owners who need flexible options to satisfy their funding, while maintaining strength in cash flow.

Fast financing for your business

A merchant cash advance gives a business quick access to working capital in order to meet business needs based on future credit card receivables. Merchant cash advances come in various forms and often have shorter durations and smaller remittance amounts than business term loans, making them ideal for small business owners who need flexible options to satisfy their funding, while maintaining strength in cash flow.

In a Meeting

Instant Solution For Quick Capital

We’ll review your online application within one business day and deposit the lump sum advance into your bank account in as little as 24 hours.

Loan Amount From $5,000 - $500,000

Qualifying Criteria

  • 550+ credit score

  • 12+ months in business

  • $10,000+ average monthly bank deposits

Documents Required

  • Signed one page funding application

  • 3-5 most recent months company bank statements

  • Business tax returns (not all cases)

Average Term Length: 3-24 Months

How To Get A Merchant Cash Advance

Pre-Qualify Online
Same Day Approval
Get Funded

To get prequalified, follow the "Apply Now" button and submit some basic business information.

An advisor will reach out to you within 24 hours (during regular business hours) to complete your application and discuss your business funding options.

Upon approval and accepting the offer, funds are deposited directly into your business bank account so you can use the money immediately.

Business Meeting

Merchant Cash Advance: Advantages & Disadvantages

Advantages

  • With flexibility on what you can use the funds for, a cash advance is a great short-to-mid-term solution for many business cases.

  • Remittances will always be the same each month so that there are no unforeseen expenses based upon the fluctuation of your revenue.

  • Because MCAs look forward and not backward, they are typically easier to qualify for even if you do not have strong business credit. 

Disadvantages

  • If you would like to request that the remittances are in accordance with the revenue fluctuations that will have to be adjusted after the month has ended.

  • MCAs are shorter in duration which means they may not be as effective for financing long term growth objectives.

  • Business cash advances can be more expensive than other alternative funding structures.

Why Choose Us?

Unlike traditional banks and other alternative lenders, at Premier Lending Solutions, we truly care about your business. Your success is most important to us, so we’ll never over-leverage your business by giving you more funding than you can handle. Our simple application and quick approval process makes it easy for you to get the working capital your business needs, and our experienced funding consultants will walk with you every step of the way.