Approval Amount: $10k-$250k
Repayment Structure: Weekly or Daily (M-F)
Term Length: 3-24 months
Factor Rate: 1.15-1.49
Time to Funding: 1-2 Days
Pros:
Cons:
With Merchant Cash Advances you receive capital in exchange for a percentage of your future credit card sales or revenue. MCA's are a great way to get funds into your business account quickly- even if you don't have the best credit score.