Merchant Cash Advances

Merchant cash advance offer several advantages over traditional bank loans, making them a popular choice among business owners.

What is a Merchant
Cash Advance?

Merchant cash advance, also known as MCA funding or MCA business loans, are a form of funding that allows businesses to access capital based on their future sales. Unlike traditional loans, where repayment is fixed, merchant cash advance are repaid through a percentage of the business's daily credit card sales or bank deposits. This flexible repayment structure makes it an attractive option for businesses with fluctuating revenue.

	Traditional Banks	Opalescent Funding
Approvals within hours
Funds the next day
Renewable source of funds

Types of
Merchant Cash Advance

Merchant cash advance come in various forms, catering to different business needs. Here are some common types of merchant cash advance:

Advance merchant funding

Advance merchant funding provides businesses with an upfront lump sum of cash based on their projected future sales. This type of funding is ideal for businesses that need immediate capital for expansion or investment purposes.

Merchant cash advance funders

Merchant cash advance funders specialize in providing cash advances to businesses in exchange for a percentage of their future sales. This type of funding is often utilized by businesses that have a consistent volume of credit card sales.

Instant merchant cash advance

Instant merchant cash advance is a type of funding that offers quick access to capital, usually within 24 to 48 hours. This option is beneficial for businesses facing urgent financial needs or unexpected expenses.

Merchant cash advance loan

Merchant cash advance loans combine the benefits of traditional loans with the repayment structure of merchant cash advances. Businesses receive a lump sum upfront and repay the loan through a percentage of their sales.

Business cash advance

Business cash advances provide businesses with the working capital they need to cover operational expenses, inventory purchases, or marketing campaigns. The repayment is based on a percentage of the business’s sales.

MCA funding

MCA funding, short for merchant cash advance funding, is a type of financing that provides businesses with capital in exchange for a portion of their future sales. This funding option is particularly popular among small businesses and startups.

MCA business loans

MCA business loans combine the benefits of merchant cash advances with traditional loan features. Businesses receive a lump sum of capital and repay the loan through a percentage of their sales, similar to other merchant loan options.

How to Get a
Merchant Cash Advance

Apply

Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data

Choose Funding

A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.

Get Funded

Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

Set Repayment

Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.

Apply

Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data

Choose Funding

A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.

Get Funded

Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

Set Repayment

Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.

Importance of merchant cash advance for businesses

Access to capital is crucial for businesses to survive and thrive. Whether it’s investing in new equipment, hiring additional staff, or expanding to new locations, having sufficient funds can make a significant difference. Merchant cash advance provide businesses with the necessary working capital to seize opportunities, overcome financial hurdles, and fuel growth.

Flexible funding options

Unlike traditional loans that come with fixed monthly payments, merchant cash advance provide businesses with flexible funding options. The repayment is based on a percentage of daily sales, ensuring that the payment adjusts to the business’s cash flow. During slow periods, the repayment amount decreases, reducing the financial burden on the business.

Quick and easy approval process

Applying for a merchant loan is much simpler and quicker than traditional loan applications. Most merchant cash advance companies have streamlined processes that require minimal documentation. The approval decision is usually made within a few days, and funds are often disbursed within a week, allowing businesses to access the funds they need without lengthy delays.

Repayment based on sales

The repayment structure of merchant cash advance is designed to align with the business’s sales volume. Instead of fixed monthly payments, a percentage of the business’s daily credit card sales or bank deposits is deducted towards repayment. This means that during slower sales periods, the repayment amount decreases, easing the financial burden on the business.

How it works

When a business applies for a merchant cash advance, the merchant cash advance company evaluates its sales volume, credit card processing statements, and other relevant financial information. Based on this assessment, the company determines the funding amount and the percentage of future sales that will be deducted for repayment.

Once approved, the funds are typically deposited into the business’s account within a few days. The repayment process begins, with the agreed-upon percentage automatically deducted from the business’s daily credit card sales or bank deposits until the advance is fully repaid.

No collateral required

One of the significant advantages of merchant cash advance is that they do not typically require collateral. Unlike traditional loans that may require businesses to pledge assets as security, merchant cash advances are based on future sales. This makes it an attractive option for businesses that may not have valuable assets to use as collateral.

Tips for Successful Merchant Cash Advance Applications

To increase your chances of a successful merchant cash advance application and ensure a smooth funding process, follow these tips

Merchant Cash Advances

What is a Merchant
Cash Advance?

Approvals within hours

Funds the next day

Renewable source of funds