Business cash advance, also known as merchant cash advance (MCA) provides fast or immediate access to working capital for small and mid-sized businesses. In some circumstances, MCA might be a crucial option for funding.
This page contains a list of merchant cash advance companies that can help entrepreneurs who have bad credit and can’t obtain a commercial bank loan and financing.
- Square Capital
Square Capital is one of the most popular and top MCA providers. It gives you fast funds in a simple and straightforward way. The amount is into your bank account as soon as the next business day. Automatic repayment – a fixed percentage of your daily card sales. One flat fee that allows you to always know how much you have to pay. You can select the amount and repayment that best suits your needs.
- Merchants Capital Access
Merchants Capital Access is a company that provides financing solutions for small business owners. They offer fast, low-documentation funding. They serve over 100 000 million small and mid-size companies and are one of the leading provider of working capital in the USA. Their financial terms are customised to accommodate individual business needs.
ForwardLine is founded in 2003 and provides small business owners with an alternative financing solution. They use a non-traditional credit algorithms to finance U.S. businesses that banks consider too risky or to too small for a bank loan. ForwardLine loans start at $5,000 up to $2,000,000, with 6, 9, or 12-month repayment plans. They offer transparency and financing at competitive rates.
- American Express Merchant Financing
You know that big company. It also provides merchant cash advance solutions. With their services, merchants benefit from a flat fixed fee and early repayment rebates. The application process is very easy online. Available financing amount varies depending on your repayment method.
Bizfi is the premier FinTech company and a fully automated online marketplace that aims to give multiple financing options to small business owners. You can apply online easily.
- PayPal Working Capital
They are one of the best MCA merchant cash advance companies. Their product characteristics are: flexible payments, one affordable fixed fee, funding in minutes, no credit check. PayPal Working Capital is based on your PayPal sales history, so you can receive an amount suitable for your business. There’s no credit check when you apply. This means there’s no effect on your credit score.
- Advance Funds Network (AFN)
Advance Funds Network provides very easy and fast funding for mall-medium sized business. For MCA, they work on your approval with no upfront fees. The company checks your credit transaction details instead of your credit report. Then they can get your business the funds, as the company will be more secure about your ability to repay the advance.
Capify (formerly known as AmeriMerchant) helping small businesses funding. Business owners can get from $5,000 to $1,000,000 in their account in just days. Their simple online application has 60-second decisions. They offer merchant cash advance for customers who’ve been processing credit cards for at least 60+ days.
- Rapid Capital Funding
Rapid Capital Funding is one of the leading merchant cash advance companies that provide financing solutions to small to medium-size business. Whether bad credit or no credit, they can find the solutions to fulfil the working capital needs. Their services are at competitive rates and they use a business’ future credit card receivables to obtain cash quickly.
- Merchants Advance Network
Merchants Advance Network is one of the nation’s fastest growing merchant cash advance companies and unsecured loan providers. They have relationships with a range of funders to offer businesses a variety of secured funding channels to fulfill cash needs from $2,500.00 to $1,000,000.
- Swift Capital
Swift Capital provides business with immediate short-term working capital based on its future receivables. The company has the latest technology, a team of Business Funding Experts and offer fast funding and personalised service.
- Fora Financial
Fora Financial is a competitive leader with one of the most extensive funding options and offerings for small business. You can borrow from $5,000 or to $500,000 if you are at least 3 months in business. They have a quick and simple application process and approval in 24 hours.
- CAN Capital
CAN Capital is also one of the top merchant cash advance companies that offer fast financial solutions to small business owners. They have an easy application and approval process and professionals who evaluate needs and provide access to funding options.
- Merchant Cash Advance
A Merchant Cash Advance provides small business with fast money. To qualify for their services you need to have your own business, to process at least $3,500 of credit cards per month, to be in business for at least 6 months. They have very simple application and funding up to $500,000.
- 1st Merchant Funding
1st Merchant Funding offer from $5,000 to $250,000 in Minutes. They approve small businesses by looking at live data and not just a credit score. They were founded in 2007 and provide quick and easy access for small businesses to funds.
- Advanced Merchant Services
Advanced Merchant Services, Inc. is a Merchant Service Provider for Visa and MasterCard. They provide a range of Merchant solutions including Merchant cash advance. To be eligible for their MCA program you need to currently accept and process over $5,000 per month. The cash advance is available to merchants processing with AMS or new merchants coming on board.
- Reliant Funding
Reliant Funding provides small and midsize businesses with access to fast capital. They offer simple business financing that requires little paperwork. Also. they have a wide range of funding options to fit your business in the best way.
- RJ Funding Services
RJ Funding Services provides small businesses and entrepreneurs with non-traditional business loans, Merchant Cash Advances (MCAs), industry-specific lending, and asset-based loans. Their client range varies from small business owners in need of immediate funding to venture capitalists and investors looking to fund large and major projects.
- Flash Advance
Flash Advance is one of the leading merchant cash advance companies around the USA. They have a 95% approval rating, very fast approval process and are ready to get you your merchant cash advance today. You can get approved in 1 hour that allows you an immediate access to working capital.
- 1st Global Capital LLC
1st Global Capital LLC provides all businesses with the funding they need. Among their services are: unsecured business cash advancement, merchant cash advance, asset-based funding, factoring.
- 6th Avenue Capital
They are a data-driven Merchant Cash Advance firm that provides quick decisions for quick funding. Their focus is competitive financing options for small businesses. Their funding experts review applications and make a funding decision in less than 24 hours.
Accord Business Funding can get you approved for cash advances in as little as 2 business days. They provide access to capital based on business’ cash flow. This means that bad credit does not disqualify you. They have high approval rates and no collateral is required. Cash advances ranging from $5,000 to $150,000.
- Americas Business Capital
Americas Business Capital is a direct funder that offers alternatives to small business loans. They offer business loan alternatives to businesses in any industry. To qualify, you need to operate for at least 6 months and have a monthly cash flow of $15,000.
- BFS Capital
BFS Capital is one of the popular merchant cash advances companies that provide working capital needs of small businesses. They operate in all 50 states of the USA, Canada, and through their affiliate, Boost Capital, in the United Kingdom. They delivered financing to small- and mid-sized businesses across more than 400 industries, helping entrepreneurs to access working capital for any business need.
- Business Credit & Capital
Business Credit & Capital provides retail, restaurant and service businesses in the USA funding solutions. They offer fast, low-documentation merchant cash advances – even for businesses with credit less than perfect. They get paid as you do, there is no fixed payments and timeframe for payback. No collateral needed on your part!
- CFG Merchant Solutions
CFG Merchant Solutions is a privately owned and alternative funding platform. They provide capital access to small and mid-sized businesses in the U.S. that have historically been underserved by traditional financial institutions. Their merchant cash advance can be approved in hours, and funded in days.
Credibly is also a provider of faster, simpler funding for small- and medium-sized businesses. Small business loans through Credibly range from $5,000 to $250,000. They are customised according to your needs. They also offer affordable market-based rates.
- The fundworks
The fundworks is a company that offer alternative financing to small businesses and merchants. They serve both healthy and challenged companies. They serve the entire United States and fund virtually all industries.