A Merchant Cash Advance is a funding product providing working capital to business owners. There is no interest or interest rate because an MCA does not create a loan. Merchants sell a specific amount of their business future credit and debit card receivables in exchange for cash they can use for whatever their businesses need. The merchant cash advance product is unique - it's a purchase of an asset, not a loan. It has not fixed period of its repayment. There is not any date for its maturity. Merchant cash advance is a less time consuming process. Merchant cash advance business financing solution gives you the working capital you need to grow your business. Merchant cash advance is one of the easiest and popular method for small business financing today. The cash advance business has been around for many years but gained popularity and exposure during the past few years, and certainly during this period of bank insolvency. These merchants most heavily use credit card processing, so merchant cash advance programs offer a number of benefits. A typical business loan would require a written loan proposal, business and personal financial and is time consuming and very restrictive. It could take weeks to get approved, if at all, through traditional bank lenders. Moreover, you would personally guarantee the loan and will have to follow a strict monthly schedule of repayment irrespective of your monthly business revenue flow. 

BENEFITS OF MERCHANT CASH ADVANCE (MCA)

·         No fixed payment amount. You can pay according to your convenience.

• It offers more security and reliable alternative to traditional business.
• It provides fast track to successful business. It facilitates their business to grow faster.

·         Repayment is made through a small percentage of your future credit card payment receipts.

 ·         The process of its application is very fast and there is 95% chances of its approval. There are very less chances of its rejection.

·         No traditional personal guarantee required.

·         The cash you receive is not reported to any credit agencies.

 ·         Approval is not conditional upon high credit score.

·         High credit score is not required. You can get loan even if you are with poor credit score.

 ·         No personal liability is required for the loan.·         Doesn’t show as a debt or loan on your credit report   ·         It is more secure for text payments and inventories.

·         These are perfect for business expansions and remodeling.

  Merchant Cash Advance (MCA) is the best loan facility for the small businessman and for new businesses.

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