What is a Merchant Cash Advance?
When you obtain a merchant cash advance, you'll receive a lump sum of capital. In return, a percentage of your business's future sales will be taken as repayment. This arrangement allows you to access working capital immediately, while a portion of your sales is received until the agreed-upon amount has been repaid.
Our Funding Advisors will collaborate closely with you to devise a funding plan tailored to propel your business's growth without straining your cash flow. Typically, business owners with a minimum average monthly sales of $20,000 over the past three months qualify for an MCA ranging from 70% to 120% in funding, starting from $10,000 and going up to $500,000. We offer both fixed and flexible repayment schedules, and there are no fixed terms, providing you with adaptability in managing your finances.
Merchant Cash Advance Rates:
Merchant cash advances employ factor rates rather than conventional interest rates, with factor rates being straightforward decimal figures indicating the additional amount owed on the initial loan, determined through a risk assessment, typically ranging from 1.1 to 1.49.
Who Should Apply for a Merchant Cash Advance?
Merchant cash advances are ideal for:
Merchant cash advances are ideal for:
Merchant cash advances are ideal for:
Merchant cash advances are ideal for:
Merchant cash advances are ideal for:
- Businesses in need of rapid funding—Merchant Cash Advances (MCAs) can be deposited in as little as 24 hours.
- Businesses that conduct significant debit and credit card transactions.
- B2C businesses requiring smaller funding amounts.
- Businesses with lower credit scores.
- Business owners lacking collateral, such as real estate or other assets.
Merchant cash advances can be advantageous for a variety of industries, including restaurants, dental practices, legal firms, medical practices, gas stations, pharmacies, and more.
Regardless of your industry, our proficient Funding Advisors will collaborate closely with you to identify the optimal funding solution, enabling you to attain your business objectives without compromising cash flow!
How to obtain a Merchant Cash Advance:
- Apply: Gather three months of bank statements and other necessary records. For expedited approval, provide secure access to your bank account's transactional data.
- Choose Funding: A Funding Advisor will contact you within one hour (during regular business hours) to finalize your application and explore funding options.
- Get Funded: After determining the best funding option for your business with your Funding Advisor, your funds can be approved and deposited within 24 hours.
- Set Repayment: Payments will be automatically deducted from your business's daily or weekly debit and credit card sales, with amounts based on your sales volume.
How to Use a Merchant Cash Advance
Merchant cash advances offer unrestricted usage and are optimally utilized for some of these examples:
- Fostering Revenue Growth
- Seizing time-sensitive Opportunities
- Expanding Marketing Strategies
- Procuring Bulk Inventory or Raw Materials
- Upgrading Equipment or Technology
- Hiring New Staff
- Investing in Training and Ongoing Education
Merchant Cash Advance Requirements
Traditional bank and SBA loans tend to favor wealthy business owners with property and exceptional credit scores, whereas Alpha Capital Group offers more flexible approval criteria, emphasizing the overall health of your business beyond just credit score. Qualification requires acceptance of credit and debit card payments, and no collateral is necessary.
The main considerations are listed below:
- Overall Revenue
- Cash Flows Records
- Total Years in Business
- Public Business Records
Tailored Business Merchant Cash Advance Solutions
At Alpha Capital Group, we understand that every small business is unique, and their financing needs may vary. That's why we offer customized funding solutions designed to meet your specific requirements.
Whether you require short-term funds for a quick capital infusion or a long-term financing option for substantial investments, we've got you covered. Our team collaborates closely with you to grasp your business goals and financial situation, ensuring you receive a financing solution that perfectly aligns with your needs and budget.
Legal and Compliance Transparency
Our unwavering commitment is to provide services in strict accordance with the regulations and laws governing the United States. Our Merchant Cash Advance solutions are meticulously crafted with a strong emphasis on transparency, fairness, and unwavering adherence to all relevant legal requirements.
The well-being of our valued clients is our top priority, and we consistently uphold the highest standards of ethical conduct throughout our operational processes.
