How do I apply for a Merchant Cash Advance?
September 17, 2024To apply for an MCA, you’ll need to provide information about your business, including recent card sales data. The lender…Can I use a Merchant Cash Advance for any business purpose?
September 17, 2024Yes, the funds from a Merchant Cash Advance can be used for a wide variety of business purposes, including purchasing…How quickly can I get a Merchant Cash Advance?
September 17, 2024The application process for an MCA is typically faster than for traditional loans. Many businesses can receive funding within a…Can businesses with poor credit obtain a Merchant Cash Advance?
September 17, 2024Yes, businesses with poor credit or those that are less mature may still qualify for a Merchant Cash Advance. Lenders…What are the costs associated with a Merchant Cash Advance?
September 17, 2024Merchant Cash Advances do not typically have traditional interest rates. Instead, the cost of the advance is determined by a…What are the advantages of a Merchant Cash Advance?
September 17, 2024The main advantages of a Merchant Cash Advance include flexible repayments that adjust to your sales volume, no fixed monthly…How do the repayments work on a Merchant Cash Advance?
September 17, 2024The amount you repay will be pre-agreed with the lender and will be taken as a percentage of your card…How much will I be able to borrow?
September 17, 2024Merchant cash advances usually range from £5k to £500k. In some cases, depending on the lender and their criteria, the…Is a Merchant Cash Advance right for me?
September 17, 2024A Merchant Cash Advance (MCA) is a form of unsecured business loan that provides businesses with a lump sum of…
