Advance against future sales
Merchant Cash Advance
A merchant cash advance gives a business a lump sum today in exchange for a fixed percentage of future sales. Approval is based on revenue rather than credit score, so businesses turned down by banks often still qualify. Funding typically lands in one to three business days.
What you’ll need to apply
The application asks for the same handful of things every funder wants to see. Nothing here requires an accountant, and there is no cost to find out where you stand.
How much you need
A rough figure is fine. It can change once offers come back.
Monthly revenue
The single number that matters most. Recent months count more than old ones.
Time in business
Six months of trading opens most options. Under that narrows them but rarely closes them.
Bank statements
Usually the last three to six months, to verify the revenue on the application.
Your state and industry
Determines which funders can work with you at all.
Contact details
A phone number we verify by text, so a real person owns the application.
Merchant Cash Advance: common questions
- Can I get a merchant cash advance with bad credit?
- Yes. Merchant cash advances are underwritten primarily on your business's recent sales rather than your personal credit score, so approvals with credit in the 500s are common. Most providers weigh three to six months of consistent revenue far more heavily than credit history, and many do not set a minimum score at all.
- How fast can a merchant cash advance be funded?
- Typically one to three business days from a completed application. Decisions often come back the same day, and the main delay is usually supplying bank statements rather than the underwriting itself. Same-day funding happens but should be treated as the exception, not the expectation.
- What does a merchant cash advance actually cost?
- Costs are quoted as a factor rate rather than an interest rate — commonly between 1.1 and 1.5 times the advanced amount. A $50,000 advance at a 1.3 factor means repaying $65,000 in total. Because repayment is a share of daily sales, the effective annual cost is higher than the factor rate alone suggests, and it rises the faster you repay.
- Do I need collateral for a merchant cash advance?
- No. A merchant cash advance is not secured by property or equipment. Providers usually require a personal guarantee, which makes you personally responsible if the business cannot repay, but they do not place a lien on specific assets the way an equipment loan does.
- How much can my business qualify for?
- Most providers advance somewhere between 50% and 150% of one month's revenue. A business doing $40,000 a month typically sees offers between $20,000 and $60,000. Longer trading history and steadier deposits push that range upward.
Other funding options
Working Capital Loans
Short-term cash for day-to-day operations
Equipment Financing
Finance the machine, secured by the machine
Business Line of Credit
Draw what you need, pay interest only on what you use