Frequently Asked Questions
A Merchant Cash Advance is an arrangement where a business receives a lump sum payment in exchange for a fixed percentage of future revenue. Repayments fluctuate based on business performance, with higher payments during busy periods and lower payments during quieter times, offering flexibility and comfort for businesses.
Merchant Cash Advances work by automatically deducting an agreed-upon percentage of your business’s revenue to repay the borrowed amount along with the associated cost. This process ensures seamless and hassle-free repayments, making it an efficient financing option for businesses.
Rest assured, your Merchant Cash Advance application is secure and protected. We prioritize the confidentiality of your information and share it solely with trusted lenders to ensure a safe and reliable process. Your privacy and data security are our top concerns.
A Merchant Cash Advance typically ranges from 4 to 12 months, providing businesses with a short-term financing solution. However, in certain cases, the term may be extended longer, offering increased flexibility in repayment options to meet specific business needs.
On average, businesses can obtain a Merchant Cash Advance in just 1-3 working days, offering a quick and efficient funding solution to meet their immediate financial requirements.
