Application so simple it takes less than 5 minutes to complete. Quick turnaround. Same day approval.
Repayment is based on daily credit/debit card sales.You aren’t locked into a fixed payment amount. The better you do, the quicker you pay.
Merchant Cash Advance could be deposited into your account within 24 hours. It's that fast.
No collateral or personal guarantee needed. Once approved, you are eligible to receive up to 2X your monthly revenue.
You only need to be in business a minimum of 6+ months to get started
50K plus in gross annual revenue will get you qualified
Be able to show regular deposits to business checking account
Small business finance brokers and ISOs have been the primary distribution channel for Merchant Cash Advance. There are more than 50 providers in the Merchant Cash Advance marketplace.
Businessweek.com
The size of the market for Merchant Cash Advance is currently $500-$700 million, with the potential to reach $3-5 Billion within the next several years.
The Green Sheet
Morgan Stanley estimates that "Factoring," B2B Loans against outstanding invoices produces close to $15 billion per year.
Forbes.com