ServicesMerchant Cash Advance (MCA)
Learn More About Merchant Cash Advances From SpringFi
When you need quick funding to cover expenses or seize an opportunity, SpringFi can place you with a same-day merchant cash advance from our network of funding partners. You can receive a lump sum for immediate access to the capital you need for your business to thrive.
Instead of fixed monthly payments, businesses repay as a percentage of their sales, so repayment is never a burden during slow sales periods. Merchant cash advances are a great option for businesses with frequent transactions.
Flexible repayment to match your sales
Get quick access to cash based on future transactions. The flexibility of an MCA can help ease cash flow pressure, unlike financing with fixed repayment terms.
- Choose between daily or weekly debits for repayment
- No fixed monthly payment — repayment moves with your sales
- Ideal for businesses with a high volume of transactions
- Use funds freely for any business need without restrictions
What Is a Merchant Cash Advance?
A merchant cash advance is one of the financing options SpringFi can arrange for you. Unlike traditional business loans, which may be harder to obtain, businesses that opt for an MCA receive a one-time payment upfront. The amount is often based on your projected future sales.
Repayment is linked to your sales volume as a predetermined percentage of daily sales. This means that when business is slow, your repayment amount decreases, easing cash flow burdens.
The Benefits of an Instant Merchant Cash Advance From SpringFi
If you need money now, an MCA may be the right option for your business. Our simple application process takes less than 10 minutes to complete. In 24-48 hours, we can find you funding options from our network of merchant cash advance lenders. You could have cash in hand by the next day.
Your dedicated account manager can walk you through your options and help you decide if an MCA is right for your business. Here are just a few of the advantages of this funding option:
- Flexible repayment to match your sales: Get quick access to cash based on future transactions. Unlike financing with fixed repayment terms, an MCA’s flexibility can help ease cash flow pressure.
- Repayment based on sales: Choose between daily or weekly debits for repayment. If sales are slow, repayment decreases.
- No fixed monthly payment: repayment moves with your sales, so a slow month costs you less than it would on a term loan.
- Ideal for high-volume businesses: Businesses with high and consistent credit or debit sales often experience faster repayment.
- Use funds freely: Use cash as you see fit for any business need without restrictions.
- High approval rate: More lenient qualifications mean you can get approved even with bad credit.
Experience Our Simplified MCA Application Process
When you need quick capital, you don’t have time to wait, hoping that funding comes through. Our instant merchant cash advance process is simple and fast. Submit your application, and we’ll take care of the rest. Here’s how it works.
1. Complete the Application
Our streamlined application takes just minutes to complete. This, along with your four most recent bank statements, gives us insight into your business and funding needs.
2. Review
We package your application and shop it to our national network of merchant cash advance funders, then bring back the best options.
3. Receive Your Funds
Once approved, you will receive a lump sum as early as the same day.
Boost Your Business With Quick Funding From SpringFi
SpringFi can place you with a same-day merchant cash advance suited to your business. We work with small business owners to find capital and repayment terms that fit how you actually operate.
Don’t let slow periods hold you back. Contact us online or call (929) 536-9910 to discuss your questions with a dedicated funding expert before applying.
Why Work With SpringFi?
SpringFi is more than a loan broker. We want to be your trusted partner, opening the door to new funding opportunities and highlighting how they could benefit your business. You have many funding options. Here's why you should work with SpringFi.