A Merchant Cash Advance is not the same as a loan from a bank. MCA’s are a type of unsecured advance of funds. With an MCA, repayment is covered by a percentage of your daily credit card processing volume.

Together, we will set up a repayment mechanism that allows us to automatically deduct an agreed-upon percentage (this percentage is typically called the retrieval rate) of your credit card sales every day. As long as your business continues to process credit cards with a legitimate payment processor, you won’t miss a daily payment.

With an MCA, there is flexibility. The more credit card transactions your business processes, the faster you’ll be able to repay the advance. Should card transactions be lower on any given day, the amount paid back that day will also be less. This means that you won’t have to worry about making a large monthly payment during times of slow business. 

Interested? Please complete the simple form above, and we’ll reach out to you shortly!