Merchant Cash Advance
Questions? Speak to a Merchant Cash Advance funding expert today.
877-227-0099
877-227-0099
How It WorksMappmoney is dedicated to helping small businesses with Merchant Cash Advance funding amounts from $2,000-$25,000. We believe giving an opportunity is all it takes for you to turn your business into a success. A Merchant Cash Advance (MCA) is an agreement to exchange your future business revenue for an upfront amount of cash advanced to you immediately. MCAs are successfully used by nearly every type of small business, including: restaurants, trucking, doctors, construction, consultants, health care, child care, and many others!
Benefits Of A Merchant Cash AdvanceSince the Merchant Cash Advance (MCA) repayment is linked to sales, there is more flexibility for repayment of the cash advance for the business, especially businesses with seasonal sales. The processing time for the cash advance is far less than the bank, usually 24 hours or less, so it is preferred by businesses which require the advance quickly. The funder will also not focus on the credit score, they are more interested in the sales history for the business, making it ideal for new businesses. Also no collateral is required.
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Business FundingMappmoney is a nationally recognized leader in the Merchant Cash Advance funding industry for providing the best business lending solutions available. We leverage our network of competing commercial lenders to provide your business the largest selection of commercial financing options.
Client Eligibility & Guidelines-Terms: Up to 110 days
-Funding Amount: $2,000—$25,000 Merchant Eligibility -Fico Score: 500+ Decline for Excessive Derogatory accounts with 0 Active Trade lines -Average Monthly Bank Revenue: $5000 avg -Average Monthly Deposits: 4+ -Negative Days: 5+ in recent month is too much, 10+ total in 3 months -Bankruptcies: No open or excessive bankruptcies -Background: Subject to Review -Time in Business: 6+ Months Required For Underwriting -Last 3 months business only bank statements -Signed & dated application within 30 days -MTD as applicable Stipulations Needed for Funding -Voided Check -Valid Drivers License -Completed Decision Logic link or Live bank verification -SMS to merchant for "Yes" response to Fund! (No Funding Calls Needed) |