Merchant Cash Advance

Merchant Cash Advances (MCAs), also recognized as purchasing future receivables, represent a swift avenue for securing financial assistance.

What is a Merchant Cash Advance?

A merchant cash advance (MCA) serves as brief financial support utilized by businesses to address both financial and operational requirements. Technically different from a loan, an MCA falls under the category of alternative business funding and operates outside the conventional rules and regulations applicable to other financing avenues like traditional bank short-term loans, small business loans, or term loans. The funding and repayment structure of an MCA typically relies on past credit card or debit card transactions, as well as anticipated future credit card and debit card receivables.

In straightforward terms, we furnish a consolidated cash sum calculated on the projected volume of credit card/debit card sales generated by your business operations. The essence of a merchant cash advance lies in expediting the business owner’s cash flow, enabling swift utilization of forthcoming growth prospects.

Fast Financing For Your Business

Businesses that process credit card payments and require rapid capital infusion are prime candidates. It’s crucial to note that, besides its simplicity and streamlined application process, a merchant cash advance offers flexibility through variable payments linked to business receivables. If your business experiences high credit card sales, fluctuating revenue receivables, or operates on a seasonal basis, a merchant cash advance could be a fitting solution for your needs.

Quick Application

The application process is fast and straightforward, with automatic deductions at a fixed rate each month, providing the assurance that your payments will remain steady, offering peace of mind.

Flexible Funding

Given the natural fluctuations in your monthly revenue, we provide you with the flexibility to request an adjustment to your payments, ensuring they align more closely with the revenue of that specific month.

Automatic Remittances

Automated payments are determined by a factor rate and are systematically withdrawn as a percentage of forthcoming credit card and debit card transactions. These payments are seamlessly deducted from the business bank account into which the funds were originally deposited.

Loan Amount From $5,000 - $500,000

Merchant Cash Advance Details

Qualifying Criteria:

Required Items:

No Application Fees

Advantages

With flexibility on what you can use the funds for, a cash advance is a great short-to-mid-term solution for many business cases.
Remittances will always be the same each month so that there are no unforeseen expenses based upon the fluctuation of your revenue.
Because MCAs look forward and not backward, they are typically easier to qualify for even if you do not have strong business credit.

Disadvantages

If you would like to request that the remittances are in accordance with the revenue fluctuations that will have to be adjusted after the month has ended.
MCAs are shorter in duration which means they may not be as effective for financing long term growth objectives.
Business cash advances can be more expensive than other alternative funding structures.

Why Choose Us?

Different from conventional banks and other alternative lenders, BHS Business Funding places genuine importance on your business. Your prosperity holds the utmost significance for us, and we are committed to avoiding excessive financial commitments that your business might find challenging. Our uncomplicated application process, coupled with swift approvals, facilitates the seamless acquisition of the working capital essential for your business. Moreover, our seasoned funding consultants are dedicated to guiding you through every stage of the process.