A merchant cash advance (MCA) or business cash advance is a form of business financing in which a lump-sum of funding is given to a business in exchange for an agreed-upon percentage of future revenues or credit card sales. Merchant cash advances come in various forms and often have shorter durations and smaller regular remittance amounts than business term loans, making them ideal for small business owners who need flexible options to satisfy their funding due to fluctuating revenue.

What is the Difference Between a MCA and a Term Loan?

Unlike a loan, we provide your business with capital by purchasing a percentage of your future credit card sales and debit card sales. Daily remittances are an agreed-upon percentage of your sales that are automatically deducted by credit card processing or from your bank account. Cash advances are a perfect solution for seasonal businesses or ones with fluctuating revenue because they ensure that your remittances are based on what you can afford.

Merchant cash advances (MCAs) are perfect for businesses with fluctuating revenue and lower credit scores. Offering broad usage and obligations that are tied to future credit and debit card sales, our MCA provides the speed, simplicity and flexibility you need, with remittances that will be a percentage of your daily revenue.

At Fast Commercial Capital, we take pride in the number of small businesses we’ve provided financing to, across a wide range of different industries. To get access to our loans and working capital, you have to meet the following minimum criteria:

  • You need to have been in business for six months or more
  • FICO score must be at least 500 or above
  • Bank statements must show an average of $15,000/month in deposits for a three-month average and the most recent month

Over 90% of our applicants pre-qualify for funding, but meeting these criteria are not a guarantee of an offer of business funding. If you’re thinking you might not qualify, or if you have questions about the other financing products we offer, contact our Customer Success Team.