Merchant Cash Advance
Are You Ready for a Merchant Cash Advance?
A merchant cash advance is a type of loan based on your business’s monthly credit card sales. MCA financing uses this information to determine how much capital you qualify for and what the interest rate will be. Many businesses, both large and small, take advantage of MCA loans to invest in growth.
What Are the Advantages of a Merchant Cash Advance?
MCA financing is an excellent choice for many different business needs. You can use this type of loan to buy equipment, purchase inventory, invest in web development, or take care of emergencies. In fact, there are no limits on how the capital is used. Here’s why MCA loans are so popular:
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Simple application
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Large loan amounts
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Fast approval
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Automatic payback
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No debt
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No collateral