Merchant Cash Advance (MCA)
- Must be in business for at least six months
- Business must be current with landlord and have at least 12 months left on the lease. If applicant owns the building and owns a mortgage, he/she must be current with mortgage payments.
- Based on monthly cash and credit card processing volume
- No need to change credit card processor
- From $10,000-$3,000,000 dollars. May consider higher.
- Can consolidate multiple locations
- Franchise locations are welcomed
- Fast process: 3-6 business days to fund. Renewals can be funded within 24 hours.
- Not solely based on credit score
- Applicants may not be reported to credit Bureaus.
- Business may be reported to credit bureaus. This will increase the business’ credit rating.
- Completely automated and manageable payback
- Realistic terms
- Money could be used for any purpose: advertising, emergencies, equipment, expansion, inventory, remodeling, payroll, POS systems, taxes, etc.
- Business cannot have an open bankruptcy.
- Not a line of credit but cash disbursement
- For retail, restaurant, eCommerce, wholesalers, and more
MCA Reverse Consolidation
- Suitable for merchants with multiple MCAs
- To enable making payments on existing MCAs, not to pay them off in one lump sum
- For most industries
- Funding could be done within 3 business days!
Cannabis
- Amount: $50,000-$1,500,000 dollars and possibly more
- For marijuana dispensaries and grow farms
- Dispensary must be fully licensed and have bank deposits.
- Could lend up to 75% of the last quarter’s average deposits
- May use real estate as collateral!
- Funding could be done within 3 business days!
Insurance Agencies
- Amount: $50,000-$50,000,000 dollars
- Competitive terms tailored to your needs
- Term loan
- Funding for startup expenses, mergers and acquisitions, marketing, recruitment and training, new technology, bridge loan, and succession planning, and more.
- Approval and funding can be done in 7 days!
- For more information, download the flier here.
Contact us here for an initial consultation or to start your application.