Merchant Cash Advance
When you receive a Merchant Cash Advance from ASAP Capital Solutions, you'll receive a lump sum of capital in exchange for a percentage of your business's future sales.
Merchant Cash Advance
When you receive a Merchant Cash Advance from ASAP Capital Solutions, you'll receive a lump sum of capital in exchange for a percentage of your business's future sales.
What is a Merchant Cash Advance?
When you obtain a merchant cash advance from ASAP Capital Solutions, we provide a lump sum of capital in exchange for a portion of your business's future sales. This arrangement ensures you receive immediate working capital while we collect a percentage of your sales until the agreed-upon amount is met.
Our Funding Advisors collaborate closely with you to develop a funding strategy that fosters your business's growth without straining your cash flow. Business owners averaging at least $7,500 per month in sales over the last three months typically qualify for an MCA ranging from 70% to 120% of their average monthly sales, with funding amounts starting as low as $3,000 and going up to $500,000. We offer both fixed and flexible repayment schedules, and there is no fixed term for repayment.
Merchant cash advances utilize factor rates instead of traditional interest rates. Factor rates are straightforward decimal figures that indicate the additional amount owed on the original loan amount. The specific factor rate applied to a merchant cash advance is determined based on a risk assessment conducted by the provider. Factor rates typically range between 1.1 and 1.5, reflecting the perceived risk associated with the borrower and the terms of the advance.
Who is Eligible for a Merchant
Cash Advance?
Merchant cash advances are suitable for:
Businesses in need of rapid funding—MCAs can be deposited within 24 hours
Businesses that conduct frequent debit and credit card transactions
B2C businesses requiring smaller funding amounts
Businesses with lower credit scores
Business owners lacking collateral, such as real estate or other assets
Merchant cash advances can be advantageous for restaurants, dental practices, attorneys, medical practices, gas stations, pharmacies, and more. Regardless of your industry, our experienced Funding Advisors will collaborate closely with you to identify the optimal funding solution that supports your business goals while maintaining healthy cash flow.
What is a Merchant Cash Advance?
When you obtain a merchant cash advance from ASAP Capital Solutions, we provide a lump sum of capital in exchange for a portion of your business's future sales. This arrangement ensures you receive immediate working capital while we collect a percentage of your sales until the agreed-upon amount is met.
Our Funding Advisors collaborate closely with you to develop a funding strategy that fosters your business's growth without straining your cash flow. Business owners averaging at least $7,500 per month in sales over the last three months typically qualify for an MCA ranging from 70% to 120% of their average monthly sales, with funding amounts starting as low as $3,000 and going up to $500,000. We offer both fixed and flexible repayment schedules, and there is no fixed term for repayment.
Merchant cash advances utilize factor rates instead of traditional interest rates. Factor rates are straightforward decimal figures that indicate the additional amount owed on the original loan amount. The specific factor rate applied to a merchant cash advance is determined based on a risk assessment conducted by the provider. Factor rates typically range between 1.1 and 1.5, reflecting the perceived risk associated with the borrower and the terms of the advance.
Who is Eligible for a Merchant Cash Advance?
Merchant cash advances are suitable for:
Businesses in need of rapid funding—MCAs can be deposited within 24 hours
Businesses that conduct frequent debit and credit card transactions
B2C businesses requiring smaller funding amounts
Businesses with lower credit scores
Business owners lacking collateral, such as real estate or other assets
Merchant cash advances can be advantageous for restaurants, dental practices, attorneys, medical practices, gas stations, pharmacies, and more. Regardless of your industry, our experienced Funding Advisors will collaborate closely with you to identify the optimal funding solution that supports your business goals while maintaining healthy cash flow.
How to Obtain Merchant Cash Advance
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Repayment occurs when your client pays their invoice. We handle the collection process professionally and remit the remaining amount to you, deducting our fees.
How to Obtain Merchant Cash Advance
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Repayment occurs when your client pays their invoice. We handle the collection process professionally and remit the remaining amount to you, deducting our fees.
Ways to Utilize a Merchant Cash Advance
There are no limitations on how you can utilize a merchant cash advance. MCAs are particularly effective when used to support growth initiatives aimed at boosting revenue, such as:
Seizing time-sensitive growth opportunities
Enhancing your marketing efforts
Buying inventory or raw materials in large quantities
Upgrading equipment or technology
Adding new personnel
Investing in training and ongoing education
Requirements for a Merchant Cash Advance
Traditional bank and SBA loans are typically only extended to affluent business owners with significant property and exceptionally strong credit scores. ASAP Capital Solutions offers more lenient approval requirements that emphasize the overall health of your business, not just your credit score. Your business must accept credit and debit card payments to qualify, and no collateral is required.
Here are some factors we consider:
Business revenue
Cash flow
Vendor payment history
Years in operation
Public records
Requirements for a Merchant Cash Advance
Traditional bank and SBA loans are typically only extended to affluent business owners with significant property and exceptionally strong credit scores. ASAP Capital Solutions offers more lenient approval requirements that emphasize the overall health of your business, not just your credit score. Your business must accept credit and debit card payments to qualify, and no collateral is required.
Here are some factors we consider:
Business revenue
Cash flow
Vendor payment history
Years in operation
Public records
Damon: (619) 453 5737
