A merchant cash advance (MCA) is a financing option where a business receives a lump sum of cash in exchange for a percentage of its future sales. This type of financing is particularly appealing to businesses that need quick access to funds.
A business loan is a sum of money borrowed by a business from a lender, such as a bank, credit union, or alternative financing company, to fund various business activities. These loans typically come with specific terms for repayment, including interest rates, repayment schedules, and durations.
A business line of credit is a flexible financing option that allows businesses to borrow money up to a predetermined limit as needed, rather than receiving a lump sum like a traditional loan. Once approved, the lender establishes a credit limit based on the business's financial health and creditworthiness.
Factoring is a financial arrangement in which a business sells its accounts receivable (invoices) to a third party, known as a factor, at a discount. This allows the business to receive immediate cash flow rather than waiting for customers to pay their invoices.
We strive to make the process simple and seamless. We can usually provide an offer within a few hours and many times fund same day or next day. All that is required to get started is the following:
