With a Merchant Cash Advance, you sell a portion of your business’s future credit and debit card sales. Our business-friendly, daily remittance structure allows you to remit more on busy days and less when things are slow.
Working capital is the lifeblood of small business—from marketing a grand opening to handling the costs of expansion. A Merchant Cash Advance is a flexible working capital option that allows small business owners to access cash now by selling a portion of their business’s future credit card sales.
It’s important to note that a Merchant Cash Advance is not a loan; it is a purchase and sale. Basically, it’s a “cash-flow friendly” way to access capital and works particularly well for business owners who are comfortable having the amount they remit fluctuate with daily sales. Instead of sending a large amount once a month, a flat percentage of your business’s credit and debit card sales are automatically remitted daily. A larger amount is sent on busy sales days than on slow days. The process stops automatically when your business delivers the total amount future credit card receipts that it’s sold.