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Merchant cash advance
A flexible option for short-term capital, repaid from your revenue.
With an advance, the funder buys a share of your future card sales. Payments come out as a fixed percentage of each day's sales, so a slow week means a smaller payment and a busy week pays it down faster.
An example of how it works
- $20,000paid to you now
- $25,000of future card sales sold
- 15 to 35%of each card sale collected until done
Illustration of the general structure (source: Wikipedia, “Merchant cash advance”). Your amount, share and total come from your own review.