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Ten Reasons to Apply for a Cash Advance with MCA
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Here are ten great reasons why business owners should apply for working capital from Merchant Cash Advance.
1. MCA is NOT a bank Because Merchant Cash Advance is not a traditional lending institution, our customers can avoid the hassles that are associated with applying for bank loans. We DO NOT require: tax records, business profiles, collateral, personal financial statements from owners or partners, or years of business financial statements.
2. A less-than-perfect credit score is not an automatic disqualifier Because we are not a bank, we do not require a perfect credit score.
3. There are NO additional or hidden fees! With our cash advances, the repayment costs are all outlined for you. There are no startup fees, and no hidden fees added on to surprise you!
4. With a small business cash advance from Merchant Cash Advance, there are: no fixed payments, no fees, no late charges, and no fixed timeframe for collection.
5. Collection is Completely Automatic There is no need to hurry to the mailbox to mail monthly payments!
6. We collect payment only when our customers are paid Because we purchase a small percent of our customer’s future credit card sales, we only receive payment when you do. If on a particular day, your credit card business
declines, the amount we retrieve also declines. On the days that your credit card business increases, the amount retrieved increases as well – it is that simple. Regardless of the sales, we retrieve the pre-determined percentage each day.
7. MCA does not collect on our customers’ cash or check receivables, only a portion of the business’s credit and debit card receivables.
8. MCA has Fast Answers! Our customers will receive approval usually within 24 to 48 hours of applying. Once approved, the cash advance is deposited into the merchant’s checking within 10 to 14 business days.
9. No Restrictions on Funding use Business owners may use this cash advance in absolutely any way to expand their
growing business. There are no restrictions on how you use the your working capital from MCA. Uses may include improvement projects, repairs, ongoing expenses such as employee wages, taxes, new equipment, advertising and marketing, and much more!
10. Our Knowledgeable Staff is Second to None! Our team of trained experts are available to answer any questions you may have about obtaining a working capital from Merchant Cash Advance. They can also help you find the funding solution that best suits your business’s financial needs.
At Merchant Cash Advance, we look forward to helping you as you journey along the road to reaching your business dreams!
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