Merchant Cash Advance

Overview

Details

Advantages

Disadvantages

Merchant Cash Advance


For Business with high average monthly balances in their operating checking account

  • Loan Type: UCC lien Filing
  • Loan Amounts: $100,000 to $1,000,000
  • Maximum Term: Up to 24 Months
  • Amortization: Principle & Interest Only
  • Interest Rate Starting at 17.99%
  • Nationwide platform

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  • Loan Details

  • Interest Rates: Starting at 17,99%
  • Terms: 6-18 months year
  • Loan Amounts: $100,000 – $1,000,000
  • Time to fund: 2-5 days
  • Repayments: Weekly
  • Collateral Required: No
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    Fast Loan

  • Can be funded within 2 days
  • Very limited documentation
  • Up to 80% of average deposits

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    High Borrowing Cost

  • Max loan term 24 months
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