Merchant Cash Advances

Our merchant cash advances (sometimes called MCA loans or MCA funding) provide fast funding to support the growth of your business, purchase equipment, or pay the bills.

5 Minute Application

Short form to fill out, no paperwork or collateral.

Same Day Funding

Funds in as little as 24hrs or 1 to 3 days max.

Bad Credit Accepted

A poor credit score of FICO 550 or above is accepted.

No Hard Credit Check

Applying won’t affect your credit score.

Get the Cash Injection Your Business Needs Today

Use your business’s future credit card sales to get the cash injection your business needs to continue to succeed.

In as little as 24 hours, you can secure an MCA loan in exchange for a portion of future credit card sales without the need for a perfect credit score or extensive paperwork.

Merchant Cash Advance Details

Advance Amounts:

$5,000 – $900,000

Factor Rate:

1.1– 1.5

Repayment Terms:

3 – 36 months

Funding Time:

1-3 days

How To Get A Merchant Cash Advance?

To get a cash advance from MCashAdvance complete these 4 easy steps:

Diagram of an MCA application form in a web browser

1. Complete the Online Application

Enter some basic financial and business information and immediately find out if you pre-qualify for an MCA.

Diagram of 3 papers that represents 3 months bank statements you need for the MCA application process

2. Submit Your Documentation

Upload and submit your business’s bank account statements for the previous 3 months for review.

Diagram of two hands shaking in front of a funding offer agreement for an MCA

3. Get a Funding Offer

An underwriter will look over your application and if everything checks out, they’ll send you a funding offer.

Diagram of money and coins with the USD symbol to represent the funds you receive with your cash advance

4. Receive Your Cash Advance

Accept the funding offer and sign the contract and the funds will be deposited directly into your bank account.

To get more guidance on applying to MCA providers, read how to apply for an MCA.

Are We a Match? Check Our Minimum Requirements

To qualify for a cash advance from MCashAdvance, you must meet these 4 requirements:

6 Months

in business


personal FICO score


business annual revenue


checking account

Diagram of multiple documents with lines and checkboxes representing qualification requirements for an MCA

Who can apply?

You can apply for an MCA if you’re a US citizen or resident over the age of 18 years of age.

To find out the most common requirements that MCA providers ask for, read qualification requirements for an MCA.

The Difference Between Merchant Cash Advances and Loans

MCA Loan

Bank Loans

SBA Loans

Funding Amounts



Credit dependent.

Application Process

Pre-qualify in seconds, same day funding, no hard credit check and no paperwork.

Long application process, hard credit check and lots of paperwork.

Long application, credit check and lots of paperwork like business plans.

Approval Time

Less than 2 hours.

Takes weeks.

Takes Weeks.

Time to Funding

Same-day funding, 1-3 day average.

1-3 Months.

1-3 Months.

Approval Criteria

Credit Card Sales.

Credit score and collateral.

Credit score and collateral.

Industries We Have Provided Cash Advances To

$50,000 MCA loan for a restaurant in New York for equipment upgrade.
$15,000 merchant loan for a construction company in Texas for working capital.
$100,000 merchant financing for a medical clinic in Illinois for expansion.
$25,000 small business cash advance for a retail store in Pennsylvania for inventory purchase.
$75,000 MCA funding for a technology startup in New Jersey for marketing campaign.
$10,000 merchant loan for a beauty salon in Georgia for renovations.
$200,000 merchant capital funding for a manufacturing company in Ohio for equipment purchase.
$35,000 MCA financing for an auto repair shop in Michigan for emergency repairs.
A $150,000 cash advance business loan for a fitness center in North Carolina for expansion.
$12,000 merchant account loan for a bakery in Virginia for inventory restock.
$80,000 merchant business funding for a digital marketing agency in Arizona for hiring new staff.
$30,000 short-term financing for a pet grooming service in Massachusetts for equipment upgrade.
$175,000 capital for a real estate agency in Washington for business expansion.
$8,000 of business capital for a coffee shop in Maryland for renovations.
$60,000 short term funding for a printing company in Colorado for new machinery.
$45,000 business credit card advance for a furniture store in Minnesota for inventory purchase.
Diverse group of people in store, including man and woman. Benefiting various industries we have assisted

Capital to Move Your Business Forward,
Not to Hold It Back.

Towing business owner stands beside truck accompanied by blue car.
Team of cleaners tidying up room for cleaning service business.

Our cash advances are tailored to your unique business and current financial circumstances. We’ll provide funding offers based on what we believe will move your business forward and not hold it back.

Merchant Cash Advances Explained

What is a Merchant Cash Advance?

A Merchant Cash Advance (MCA) is an alternative way for small businesses to get business funding. It’s quick and easy because approval mainly depends on steady monthly credit card sales. Unlike regular business loans, MCAs have lower credit requirements, less paperwork, and no need for collateral, resulting in higher approval rates.

How Does a Merchant Cash Advances Work?

When you get a merchant cash advance from MCashAdvance, you’ll receive an upfront lump sum of funds. In exchange, we will deduct a small percentage of your daily credit card sales revenue until the advance is fully repaid.

These repayments are automatically deducted each day from your merchant processing account or business bank account, simplifying the repayment process. The agreed-upon daily deduction percentage typically ranges between 10% and 25% of the total amount of daily credit card transactions.

Diagram of a credit card reader connecting to a lender and a business with two circles, one with 10% and one with 90%, representing how MCAs work
Diagrams of circles with icons that represent common uses of an MCA inside each circle, connected to a credit card reader

What Can Merchant Cash Advances Be Used For?

There are no restrictions on what merchant cash advance funding can be used for, as long as the funds are used for business purposes. Typically, they are used to address short-term financial needs.

The 5 most common uses include:

  1. Cashflow Support
  2. Working capital
  3. Cover unforeseen expense
  4. Purchase Inventory
  5. Equipment Purchases

Read the uses of MCAs in business for a more detailed list of what MCAs can be used for.

How Are Merchant Cash Advances Calculated?

MCAs don’t use interest rates because they are not considered business loans. Instead, they use a fixed fee known as a factor rate.

Here’s a breakdown of how an MCA is calculated:

Advance Amount: MCA providers decide how much they are willing to advance based on a percentage of your average yearly credit card sales (typically between 50% to 250%).

Factor Rate: Next, they determine the factor rate, typically ranging from 1.1 to 1.5 based on the providers risk assessment of your business. Read more about factor rates and fees charged by various MCA providers.

Holdback Percentage: Finally they determine the holdback percentage, which is a percentage of your daily credit card sales that they’ll collect as repayment. This percentage is typically between 10% and 20%.

It’s important to grasp these calculations as they form the basis of an MCA offer, as shown in the cash advance example below.

Diagram of a calculator calculating the MCA Total with 3 circles representing the advance amount, factor rate, and holdback percentage used to determine the total

Merchant Cash Advance Example

This table shows an example of a $10,000 Merchant Cash Advance (MCA) offer you might receive.

Based on your business’s financial health the MCA company decides on a factor rate of 1.15 and will deduct(holdback) of 10% of your daily credit card sales.

Each day, the company will take about $200 from your credit card sales. This means you’ll repay the total of $11,000 in roughly 5.5 months. Over a year, the cost of this advance, also known as the APR, would be around 21.82%.

Use this MCA calculator to estimate how much an MCA will cost based on different amounts, factor rates, and holdback rates.

DetailsMCA Example
Advance Amount$10,000
Factor Rate1.1
Repayment Rate10% of Monthly Credit Card Sales
Monthly Credit Card Sales$20,000
Payment Amount$200 daily
Repayment Term5.5 months
Total Repaid$11,000
Estimated APR21.82%

What Are The Pros And Cons Of A Merchant Cash Advance?

Before you consider any type of alternative financing, including an MCA, it’s essential to weigh both the advantages and disadvantages:


  1. Simple application process
  2. Quick decision
  3. Lower eligibility requirements
  4. No collateral required
  5. Fast funding
  6. No restrictions on funds usage

For more Pros, read 20 benefits of an MCA.


  1. More expensive than loans
  2. Daily repayments may hurt cash flow 
  3. Shorter repayment schedule
  4. Won’t improve credit score
  5. Cash-only businesses are not eligible
  6. No early repayment benefit

For more Cons, read 10 drawbacks of an MCA.

Diagram of 3 circles connected to a credit card reader, each representing a different business type that might use an MCA: salons, restaurants, and retail stores

Who Should Apply for MCA Funding?

Any business that processes credit and debit card transactions and needs access to fast funding but falls short of banks’ stringent lending criteria should consider applying for MCA funding.

Even if your business has bad credit, no collateral, a short operational history, or imperfect financial history, it is still eligible for MCA funding from MCashAdvance because the most important requirement is strong monthly credit and debit card sales.

To view typical business types that apply for merchant cash advances, check out the industries we finance.

How are MCA Applications Evaluated?

Here’s the 4 phases of evaluation your MCA application goes through:

  1. Pre-Approval: Our automated software checks your application to confirm if you pre-qualify for an MCA.
  2. Underwriting: An underwriter then conducts a more thorough review of your application and supporting documentation.
  3. Funding Offer: If everything looks good, the underwriter will send you a funding offer.
  4. Acceptance: If you agree to the offer, you sign an MCA agreement and get your MCA.
Diagram of 4 circles connected vertically, representing the evaluation process of MCAs from pre-approval to funding offer and contract

How to Repay a Merchant Cash Advance?

When you pay back an MCA, the process is simple. The MCA provider takes daily or weekly deductions, known as a holdback, directly from your business bank account or merchant processing account. Your business’s credit card sales determine the speed of repayment; the higher the sales, the faster you pay off the MCA. These deductions continue until the full cash advance amount is repaid, typically within 3 to 18 months. To learn more about the repayment process, read how to repay an MCA.

Diagram of 3 icons inside 3 circles with directional arrows showing how to repay an MCA: from the credit card to the card reader to the lender
Diagram of circles connected to a card reader and a bag of money, with icons inside representing considerations before getting an MCA.

Are Merchant Cash Advances Right for Your Business?

Merchant Cash Advances provide faster and easier access to capital than traditional lenders, but they carry higher rates and fees.

Before you decide on an MCA or any type of business loan, make sure it’s a financially sound choice for your business to avoid falling into a debt cycle.

If you’re not in a rush for funding, taking steps to improve your credit score, offering collateral, or finding a co-signer for your business loan can greatly improve the likelihood of securing terms more favorable than those MCAs usually offer.

To compare MCAs to other financing options read alternatives to an MCA.

Frequently Asked Questions

Is an MCA a loan?

No, an MCA is not classified as traditional small-business loan. MCA providers do not lend you money. Instead, they are giving you a cash advance on your future credit card sales and charging a fee to provide that financial facility to you.

Can I get a merchant cash advance with bad credit?

Yes. You can get an MCA with a low credit score. Many MCA providers require a FICO score of 550 or more. FICO Scores between 300-579 are considered ‘bad’ or ‘poor’. With bad credit, expect to pay higher rates to offset the MCA provider risk.

Will an MCA affect my credit score?

No. MCA providers do not report to credit bureaus, so your MCA or your repayment history will not appear and your credit report. To understand more about how credit reporting and credit checks operate in the context of MCAs, you can read MCA credit reporting.

What happens if you default on MCA?

If you default on an MCA, the MCA provider has the right to secure the remainder of debt. This can involve sending the debt to a collections agency and ultimately filing a lawsuit to recoup the debt. Read more about the consequences of defaulting on an MCA and how to avoid it.

What is a business cash advance?

A business cash advance is just another term used for a merchant cash advance. A business cash advance is also sometimes referred to as a revenue loan, a turnover loan, or revenue-based financing.

Are MCAs unsecured?

Yes, an MCA is a type of unsecured financing, so you don’t need to offer assets or collateral to secure the funding. However, some MCA providers may request a personal guarantee. This means if your business fails to repay the advance, you would be personally responsible for the debt.

Do banks offer MCA Financing?

No. Traditional banks and conventional lenders do not offer MCA financing.

How long does an MCA last?

The length of time it takes to repay a merchant cash advance in full depends on how much revenue is generated each day through credit and debit card purchases. The higher the amount each day, the faster the cash advance will be repaid. The average length of time it takes is between three to eighteen months.

How are MCAs taxed?

Funds from an MCA are not taxed when received. However, you will need to pay taxes on the revenue you generate that is used to repay the MCA. This is because the MCA is an advance on your future revenue. The rates and fees may also have different tax implications. For a detailed breakdown, read MCA taxation guidelines.

Can I refinance an MCA?

Yes, it is possible to refinance an MCA. You can either approach your current MCA provider for refinancing options or consult a different lender and secure financial instruments, like a term loan, to settle the MCA balance. Read refinancing an MCA to know your options and the key steps to take.

Can startups get an MCA?

Can startups get an MCA? Yes. Startups can qualify for MCAs provided they meet the minimum qualification. Read MCAs for startups to confirm if your startup qualifies.

Can multiple MCAs be consolidated?

Can Multiple MCAs be Consolidated? Yes. Your MCA provider may be willing to roll multiple MCAs into a single new cash advance. You also have to option to approach a lender that offers consolidation loans to pay off your existing MCA debts.

When were MCAs invented?

While MCAs become popular during the 2008-09 financial crisis when it was difficult to secure credit from traditional lenders, the origin of MCAs date back to the 1990s. Read the history of the MCA industry to learn more.

Are MCAs personally guaranteed?

It depends. Some MCA providers incorporate clauses in their agreements requiring you to provide a personal guarantee, making you directly responsible should the business fail to repay. It’s essential to review your agreement carefully before committing. Read more about MCA personal guarantees to understand what they are and how they work in more detail.

Is MCA Financing Bad?

If your business cannot qualify for a traditional business loan, MCA Financing might be a good alternative during a cash flow crisis. But you should use all types of high-interest-rate financing, including MCAs, as a last resort.

Ready to Apply?

No Hidden Costs or Fees

No Paperwork

5 Minute Application

Bad Credit – Welcome

No Obligation to Accept

High Approval Rates