What Merchant Cash Advances Are

Originally, a Merchant Cash Advance was designed to be a lump-sum payment for businesses in exchange for a specific percentage of future credit / debit card sales agreed-upon by both parties. Now, it’s more commonly used to describe an array of financial options for small businesses. They’re typically characterized by shorter payment terms and smaller payments in comparison to traditional bank loans. However, a Merchant Cash Advance can also be used when describing purchases potential credit card sales receivables as well as short-term business advances.


Advance Amounts:

$5,000 – $1,000,000

Advance Terms:

6 – 60 Months

Interest Rates are represented as Factor Rates:

1.14 – 1.50


As Fast As 48 Hours

Who Qualifies For A Merchant Cash Advance:

These advances are great for business owners with limited time in business and limited collateral. Some lenders are flexible when it comes to your personal credit score as well. These advances are great for businesses who have daily sales and are looking for a short term funding solution.

Ideal Annual Revenue:


Ideal Credit Score:


Required Time In Business:

3 Months or more

How To Apply / Documents Needed

Merchant Cash Advances cannot be obtained through traditional banks in most cases. Luckily, Finance Factory has access to the best options in the industry and expertise to obtain the capital you need for your business.


Required Documents:

3 Months Most Recent Business Checking Account Statements

Business Tax Returns (in some cases)

Driver’s License

Business Checking Account