You apply, the funder reviews deposits, offers an amount with a factor rate, you sign, receive funds, and repay through daily or weekly debits until the payback amount is met.
Check my optionsMerchant cash advance
Following one merchant cash advance from start to finish makes the product easier to judge: how it is sized, what you sign, how payments work, what happens if sales change and how it ends.
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.
Approved files are usually funded the next business day.
Your file goes to funders that fit it, so offers can be compared.
You can apply at 500; stronger credit opens more products.
Existing balances of $100,000 or less can be bought out.
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.
Application and underwriting. You submit an application with several months of business bank statements, owner ID and basic business details. The underwriter reviews average deposits, number of deposits, daily balances, negative days and existing funding debits, and checks credit, with options considered from 500. A same-day decision is common for complete files.
The offer. An offer states the purchase price (the amount you receive, sometimes minus fees), the purchased amount (total you will remit, equal to the purchase price times the factor rate), the specified percentage or estimated payment and the payment frequency. For example, $40,000 at a 1.32 factor means $52,800 remitted. Read the agreement for reconciliation rights, default triggers, guarantees, the UCC filing and any confession of judgment clause.
Funding and payments. After signing and a verification call, funds usually arrive by ACH the next business day. Payments then begin, either as a percentage of card settlements or as fixed ACH debits from your account. If receivables drop, true MCAs typically allow you to request reconciliation so payments reflect actual sales.
During the term. Keep balances positive on collection days and communicate early if sales slow. If cash comes in faster than expected, ask whether early payoff reduces the total; some agreements, including some offered through MFE, provide discounts at 30, 60 or 90 days. Renewal offers may arrive midway; calculate the net new cash after the remaining balance is paid off before accepting.
Completion. When the purchased amount is fully remitted, the agreement ends. Ask the funder to terminate the UCC filing and keep the payoff confirmation. A clean completion supports better terms on any future funding.
Here is the full arithmetic of a sample advance. Illustrative numbers.
| Amount funded | $100,000 |
| Factor rate | 1.28 |
| Total payback (amount × factor) | $128,000 |
| Fees deducted at funding (5%) | $5,000 |
| Net cash you receive | $95,000 |
| Weekly payment over 32 weeks | $4,000 |
| Same total as daily debits (~160 business days) | $800/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Application | Statements, ID, business details |
| Offer | Purchase price, factor, purchased amount, payment |
| Funding | Usually next business day by ACH |
| Term | Payments, reconciliation, early payoff options |
| Completion | UCC termination, payoff letter |
Good fit:
Probably not yet:
Application, offer, funding, payments during the term and completion with UCC termination.
The total you remit: purchase price times the factor rate.
As a percentage of card sales or fixed ACH debits.
Request reconciliation if the agreement allows it.
Some agreements offer discounts at 30, 60 or 90 days.
The agreement completes; request UCC termination and a payoff letter.
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