MERCHANT GROWTH FINANCING

Merchant Cash Advance Financing

Small business owners can quickly access the financing they need with one of our merchant cash advance solutions.

Financing amount available

$5K - $500K

Get funded in as fast as

24hrs

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Convenient

Filling out the application only takes 5 minutes

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Flexible

Merchant Growth products fit the needs of your small business
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Fast

Once approved, get your funds in as little as 24 hours

What is a Merchant Cash Advance?

A merchant cash advance is a lump sum provided by a lender in exchange for a percentage of a merchant’s future credit card sales and debit card sales.

How Does a Merchant Cash Advance Work?

The process is very straightforward. Our professionals review your business credit score and business bank statements to determine the best solution for your needs. The merchant cash advance term lengths can range from 6-18 months, depending on your business’ sales.

Flex Solution

Payment is adapted to your business model, and you don’t need to worry about collateral or hidden fees. Repayment terms range from 4%-15%. Depending on your business, the percentage is paid back on a daily or weekly basis using your debit and credit card sales, and can be adjusted dynamically so that you pay more when business is brisk, and less during slower periods.

Fixed Solution

The advantage of a fixed solution is that merchant cash advance products help small businesses plan predictable budget cycles. This financial solution is sometimes better-suited to companies that generate sales through cheques and deposits, as opposed to debit or credit card sales. Small businesses repay a fixed amount on a daily or weekly basis, so the percentage of sales is not a factor.

What Can a Merchant Cash Advance Be Used for?

Small businesses can do so much with a merchant cash advance! Whether you use our Flex or Fixed Solution, you can use a merchant cash advance for:

Applying for merchant cash advances is easier and faster than traditional bank loans.

Merchant Cash Advance FAQs

The application process is free. However, there are many factors that determine the amount of merchant cash advances, including the:

  • Size of the advance
  • Size of your business
  • Your industry
  • Level of seasonality in your business
  • Size of your average sales (credit card transactions, deposits, etc.)

To know what your business can handle, fill out our online application form below and you will be contacted within 24 hours.

If your business meets our minimum requirements for eligibility, we may be able to provide you with a financing solution that does not affect your business loan terms or other business obligations. Contact us to discuss the specifics of your situation.

Credit scores are a factor that we consider in our decision-making process. We do consider providing merchant cash advances to businesses with bad credit. Keep in mind that your Flex/Fixed Solution will not affect your credit score.

Minimum Requirements

Get a merchant cash advance more easily than a traditional small business loan!

Location

Canada

Monthly Revenue

$10K

Time in Business

6 months

The Process

Get a merchant cash advance more easily than a traditional small business loan!

STEP 1

Complete Application

Take 5 minutes to provide a few pieces of information — online or on the phone, it’s your choice.

STEP 2

Review Options

Your dedicated financing advisor will reach out and work with you to determine the best solution.

STEP 3

Receive Your Funds

Your funds are deposited into your business bank account in as fast as 24 hours.

Get started today

Complete our online application and we’ll contact you to present merchant cash advance options tailored to your business needs.