Merchant cash advance
A merchant cash advance gives your business an upfront lump sum in exchange for a share of your future credit and debit card sales. If your revenue moves through a card terminal every day, this is one of the fastest ways to put cash in your account. Advances range from $50,000 to $10,000,000, often funding in 1 to 3 business days.
Check your eligibilityWhat it is
You take a lump sum now. You repay it from a fixed percentage of your daily or weekly card sales until the advance and its fee are paid back. Slow week, smaller payment. Strong week, larger payment. The repayment moves with your revenue, so it fits businesses with steady card volume and seasonal swings.
This is a sales-based product, not a traditional loan. That means approval leans on your card receipts more than your credit score. Checking your options does not affect your credit.
How it works
- Send a one-page application and your three most recent business bank statements.
- A funding specialist reviews your card sales and confirms an amount and a repayment percentage.
- Sign your documents and the funds hit your business bank account.
Most businesses qualify with at least three months in business and around $10,000 in monthly deposits.
When it makes sense
A merchant cash advance works for restaurants, retail shops, and service businesses that run high card volume and need money fast. Use it for inventory, payroll, equipment repairs, or a short-term gap you need to cover this week. Fees run higher than a term loan, so for larger or longer needs, compare it against a business line of credit or a term loan first. A specialist can walk you through the math.
Merchant cash advance questions, answered
How is a merchant cash advance repaid? +
You repay from a fixed percentage of your daily or weekly card sales until the advance and its fee are paid back. On a slow week the payment is smaller, and on a strong week it is larger, so repayment moves with your revenue.
Is this a loan? +
No. It is a sales-based product, not a traditional loan. Approval leans on your card receipts more than your credit score, and checking your options does not affect your credit.
What do I need to qualify? +
Most businesses qualify with at least three months in business and around $10,000 in monthly deposits. You send a one-page application and your three most recent business bank statements to get started.
How fast can I get the funds? +
Advances range from $50,000 to $10,000,000, often funding in 1 to 3 business days once your documents are signed.
Explore other financing options
For larger or longer needs, compare an advance with a business line of credit or a term loan. You can also view all business financing and loan products.
Ready to get funded?
Apply with no application fee and no credit impact to check. Questions first? Contact us and a funding specialist will call you back.