Merchant Cash Advance
A Merchant Cash Advances (MCAs) through Flowrich Capital can start at $2,500 and go all the way up to $250,000 so we’ve got plenty of funding options for you to grow with.
Merchant Cash Advance
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What Is It
First of all, a merchant cash advance is not a business loan. With an MCA you still get a lump sum cash advance but, rather than a fixed dollar amount, you remit via a percentage of your future daily sales. Here at Flowrich Capital, we work to make sure you get the right-sized funding for your business so you can focus on growing, not just owing. You can apply online for fast business cash advances.
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How It Works
A merchant cash advance is structured so that you fulfill your business advance by agreeing to remit a fixed percentage of your daily sales until the advance is remitted in full. Essentially, we’re buying a fixed percentage of your future credit card receivables from you and just giving you the money (minus rates) ahead of time. MCAs might be a better fit if your sales tend to fluctuate or your business is seasonal since it ebbs and flows with your cash flow. It can be pretty convenient – can you imagine if your landlord lowered your rent when you were having a slow month?
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Getting Started
There are 4 ways to get started with your small business loan. It’s like a buffet of options. With us, you can get funding faster than it takes to get a letter delivered (no offense post office – we still think you’re great).
I'm Ready For Funding!
- We offer access to working capital, not startup capital (at least not yet...), which means you'll need to have been in business for 6 months or more.
- Our minimum financial qualifications are that your bank statements must show deposits that are on average more than $15,000/month.
- We currently work with all small businesses in all 50 U.S States.
- Even if you don't qualify right now, give us a call and one of our team members will be happy to reach out when we have a product that will better fit your needs.