An advance repaid in fixed scheduled payments (daily or weekly) rather than a percentage of sales; payments are predictable but do not drop on slow days.
Check my optionsMerchant cash advance
An installment advance, sometimes called a fixed-payment advance or a hybrid, combines features of a merchant cash advance and a term loan: funding based largely on revenue, repaid through fixed daily, weekly or monthly payments over a defined schedule.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
A person reviews your revenue, time in business and bank activity, often within hours.
Advances, lines of credit and second-position options in one place.
Approved files are usually funded the next business day.
Your file goes to funders that fit it, so offers can be compared.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
In a classic merchant cash advance, the funder purchases a share of future receivables and collects a percentage of sales or an estimated fixed amount, with the agreement typically allowing reconciliation if receivables fall. In an installment-style product, the payment schedule is set in advance, and the product may be structured as a loan rather than a receivables purchase, depending on the provider and state law.
The practical differences matter. Fixed installments make budgeting easier because you know exactly what leaves the account and when. On the other hand, if the product is a loan, payments generally do not adjust when sales drop, and the cost may be expressed as an interest rate or a fee rather than a factor rate. Early payoff terms also differ: some loans reduce interest if paid early, while some advances have fixed totals with or without a discount.
Underwriting is similar to other revenue-based products: several months of bank statements, existing obligations and owner credit, with options considered from 500. Weekly installment schedules are common for businesses whose deposits are lumpy, since a weekly payment is easier to time after the main deposit days.
Before choosing, ask the provider directly: Is this a loan or a purchase of receivables? Does the payment ever adjust? What is the total repayment in dollars? What happens if I pay early? What triggers default? The answers determine whether the predictability of fixed payments outweighs the flexibility of a percentage-based product.
MFE works with funders offering both structures, so you can compare them on the same numbers with one application.
Here is a fixed weekly installment structure in plain dollars. Illustrative numbers.
| Amount funded | $60,000 |
| Factor rate | 1.40 |
| Total payback (amount × factor) | $84,000 |
| Fees deducted at funding (4%) | $2,400 |
| Net cash you receive | $57,600 |
| Weekly payment over 48 weeks | $1,750 |
| Same total as daily debits (~240 business days) | $350/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Payments | Fixed schedule vs. % of sales or estimated |
| Adjustment if sales fall | Often none vs. reconciliation |
| Legal structure | May be a loan vs. receivables purchase |
| Cost expressed as | Rate or fee vs. factor rate |
| Budgeting | Predictable vs. variable |
Good fit:
Probably not yet:
A revenue-based product repaid on a fixed schedule rather than a percentage of sales.
It depends on the provider and structure; ask directly.
Often not; classic advances may allow reconciliation.
Yes, weekly schedules are common.
As a rate, fee or factor depending on structure; compare total repayment in dollars.
Terms vary; ask whether early payoff reduces the total.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding