Capital That Scales with Your Business
A Merchant Cash Advance (MCA) provides a business cash upfront in exchange for a percentage of its future sales. It’s an alternative financing option for business owners to get funding without collateral or personal credit requirements. MCAs are also called credit card processing loans or revenue-based financing because they are commonly utilized by retail and service-based companies that accept payments through a business merchant processing account.
An MCA is not a loan, but an advance based on a company’s creditworthiness, future sales, and past debit card and credit card sales. You and one of our lending partners agree on an advance amount, payback amount, and a holdback percentage. The holdback percentage is withheld from your daily or weekly sales as payment, and the holdback percentage will apply until your balance is paid in full.
The payback amount will depend on a factor rate set by the lender. We have lending partners capable of providing advances from 1st Position through 5th Position.
Our lenders also offer Merchant Cash Advance refinance and consolidation solutions.
Common Uses for MCA Financing
Making payroll
Inventory needs
Purchasing and renting equipment
Unexpected costs
Operational costs
Commercial rent
Growth and expansion
Basic Criteria
Here is what you need to qualify for a Merchant Cash Advance:
Minimum FICO: 550+
Time in Business (TIB): 6 months
Monthly Revenue: $5,000 minimum
Terms: 3 to 24 months
Minimum Advance: $5,000
Maximum Advance: $5,000,000
Must have Business Bank Account
Repayment Schedule: Daily or weekly through ACH payments
Types of Businesses
MCA financing is a great option for businesses that process a high volume of credit card transactions and revenues fluctuate during the year.
Retailers
Distributors and suppliers
Bars and restaurants
Service based businesses
Specialty trades
Transportation companies
Auto repair shops
Why a Merchant Cash Advance?
Fast access to working capital
No collateral requirements
Funding based on future sales performance
Flexible solution for businesses with fluctuating revenue
Available for a wide range of business purposes
Why Work with Eagle Bend Capital Financing?
Eagle Bend Capital Financing offers the financing you need, when conventional lending sources cannot. We work with a trusted network of lending partners to help businesses secure fast and flexible financing solutions tailored to their needs.
Get Started
If you would like to learn more about our MCA Loans, or any of our other product solutions, contact us today.