MCA
(Merchant Cash Advance)
YOUR BUSINESS GROWTH BEGINS WITH A FLEXIBLE MERCHANT CASH ADVANCE
Are you Eligible For an United Fundings
Merchant Cash Advance?
TIME IN BUSINESS
1 YEAR MINIMUM
MONTHLY DEBIT CREDIT CARD SALES
$4000 MINIMUM
LOANS
$5000 TO $1M
CREDIT SCORE
550 + FICO SCORE
United Fundings minimum qualification are less than those of banks. We’re focused on getting you approved so your business can thrive.
United Fundings Merchant Cash Advance
Flexible Loans from $5,000 to $1,000,000
What is a MCA?
A Merchant Cash Advance is a new form of funding, perfect for your business needs, by advancing the cash you need, right now, into your account and offering a flexible way to pay it back.
Here’s a common scenario: You know you’ve got sales growth coming in and the chance to expand is right around the corner, but to grow your business, you need the funding right now.
This is where we come in. With United Fundings, you can get a merchant cash advance to grow your small business and leverage future credit card sales today. United Fundings unique merchant cash advance process offers you a reliable and flexible funding solution to handle any immediate business expenseM
“So, what are the terms of a Merchant Cash Advance?”
Your merchant cash advance (MCA for short) is simply repaid through your future credit card sales and receivables.
MCA’s work because they are based on the ability of a business to repay a percentage of their daily receivables.
We are not a business loan.
This small daily percentage that is repaid is known as your “holdback.” Your holdback can range from 5% up to 30%. The full amount of your cash advance is repaid over an extended period and based on your daily credit card receipts. As a result, the time it takes you to repay the advance varies.
When your daily revenue is low, your repayment for that day will be small. When your revenue is high, your repayment will be larger.
This will allow you to breath more easily, on those slower days, by not having to worry about making a certain number in sales just to repay your loan!
United Fundings Merchant Cash Advance?
We offer you Merchant Cash Advances with a flexible payback plan that reflects your daily sales.
REVIEW
We review your recent credit card sales statements.
APPROVE
Based on your recent credit card sales history and predicting your future sales, we approve your advance request.
PAYBACK
We offer an easy, automated fixed percentage way for you to repay in full.
United Fundings Merchant Cash Advance
Flexible Loans from $5,000 to $1,000,000
United Fundings Merchant Cash Advance?
NO Assets Required
NO Collateral
NO Maturity Date
From $5,000 to $1,000,000
AT UNITED FUNDINGS WE CONNECT YOU WITH OUR UNDERWRITERS THAT WILL PROVIDE FINANCING OPTIONS DESIGNED TO FIT YOUR BUSINESS NEEDS, WITH SMALL, FLEXIBLE PAYMENTS BASED ON YOUR MONTHLY INCOME.
We keep it simple. A percentage of your daily revenue is used to make regular payments on your cash advance amount. It is based on your daily credit card receipts.
And to top it off, we only require a minimum of 12 months in business.
Advantages of Your Merchant Cash Advance:
- No more stress and lost time trying to “persuade the banks”. Get your funding in as little as 2 business days by applying for our “business loan alternative” online.
- Make variable daily payments that fit your cash flow and stop sweating those slower days.
-
No hassle and no worries because your payments are automated.
-
You don’t have to provide personal collateral or assets.
- No set “must be paid in full” date with our flexible repayment terms.
- No need to switch credit card processing.
- Your repayment plan is based on your business’s cash flow, annual revenues, and overall performance… not the bank’s demands.
- Best for last – You’ll receive no penalties for not paying off the loan on time…simply because there is no maturity date!
United Fundings Merchant Cash Advance
Flexible Loans from $5,000 to $1,000,000
We look at your overall business picture.
Not just your personal credit score.
We’re more interested in the health of your business, and where it’s heading, rather than strictly your personal credit score. All lenders we work with use an advanced cash flow model to determine the amount of the advance. If you have bad credit, not a problem.
We’re more interested in the health of your business, and where it’s heading, rather than strictly your personal credit score. All lenders we work with use an advanced cash flow model to determine the amount of the advance. If you have bad credit, not a problem.
We’re more interested in the health of your business, and where it’s heading, rather than strictly your personal credit score. All lenders we work with use an advanced cash flow model to determine the amount of the advance. If you have bad credit, not a problem.
We’re more interested in the health of your business, and where it’s heading, rather than strictly your personal credit score. All lenders we work with use an advanced cash flow model to determine the amount of the advance. If you have bad credit, not a problem.
Our flexible Repayment Plan Simplifies the Process and helps you smooth out any cash flow challenges.
Use Your Cash Advance for Any Reason
Growth & Expansion
New Hires & Payroll
Advertising & Marketing
Equipment & Inventory
Renovation & Upgrades
More
Bank Loan VS United Fundings Merchant Cash advance.
Do you enjoy filling out 20+ documents when you’re applying for a loan? When applying for a regular bank business loan, that’s often their process.
- Past three years’ personal income tax returns.
- Past three years’ business tax returns.
- P&L
- Accounts payables.
- Balance Sheet.
- Business plan.
- Accounts receivables.
Accounts payables.
And, you must meet their strict qualifications which include your personal credit score, assets, and collateral.
You get the idea.
Banks often want you to have assets or collateral on a 3:1 ratio.
For every $1 you borrow… you need $3 in cash or assets!
Let’s assume you need $100,000 for an expansion.
According to the bank, you need $300,000 in collateral. Funny how that works…
And here’s the punch line.
If you’re sitting on $300K, why would you need to borrow $100K?
With the banks, it gets even better! All your business partners must qualify for the loan as well. All your partners will need a FICO score of 680 if not 720 or better to qualify and they will all be responsible for posting collateral.
Next, the bank needs to make sure the reason you are requesting the loan fits within their list of approved reasons. If it’s not, back out into the cold for you!
One thing that sets United Fundings apart as a merchant cash advance provider is that we don’t care about your reason for needing a loan, so long as it’s a legitimate business reason.
That’s right, once approved, you can use the cash advance for any business purpose. Planning an expensive marketing campaign? No problem. New hires or tax payments? Go right ahead!
Our lenders base your approval on many other factors. With over 200 factors in our matrix, it helps determine a quick approval of your advance.
The health of your business, cash flow, web presence, time in business, type of business, etc.… everything helps!
And, you must meet their strict qualifications which includes your personal credit score, assets, and collateral.
At United Fundings, our goal is to help small businesses acquire the cash funding they need as quickly and easily as possible with an attractive financing option.
United Fundings Merchant Cash Advance
Flexible Loans from $5,000 to $1,000,000
Here is how you can apply:
- Fill Out Your Online Application Today.
- Provide Us with Your Past Three Months of Business Bank Statements.
That’s it – We Have A 24-hour Approval Process and your cash advance can be sent in a little as two business days!
If you are looking for the right business loan to help your business grow, you can’t do much better than with United Fundings. Our services are designed to make your life easier.
The entire application process is quick and painless. No more heading to the bank and waiting for hours. We fund most advances within just two business days, and we offer advances ranging from $5,000 to $1,000,000. The entire application process is online.
So why not APPLY NOW?
Merchant Cash Advances for the Busy Business Owner
Our business cash advances are designed with flexible payback options so you can focus on the day-to-day needs of your business, and not worry about making your next payment.
Solve your problems fast and adapt with agility to the needs of your industry. Apply online for funding today and find out how much you qualify for.
Apply for your merchant cash advance today.
OR CALL
212.328.2500
More entrepreneurs starting their own business every year.
A small hotel is looking for expansion financing and has $40,000 a month in credit card volume. Since it’s the peak season, the owner identifies a great business opportunity that would increase his sales by 20% IF he got a $20,000 loan or merchant cash advance.
The money is used to add more space to the hotel restaurant. The owner believes the quick build-out will add real revenue to the next month’s cash balance. But, the owner doesn’t have the available cash in the business account, yet.
Because of past misfortunes, the business owner has less than stellar credit to meet a banks approval criterion. However, he believes the more modern approval process for an MCA and the variable payments will put less stress on his cash flow rather than a rigid business loan from a bank.
The owner receives $20,000 with a factor rate of 1.27 and a holdback rate of 9%. The hotel owner will owe $25,400. The advance gets paid back the 9% “hold back” of the daily credit card sales.
The business generates about $1,334 a day in debit and credit card sales. With a 9% holdback; $1,334 X 9% = $119.98 So about $120 a day until the $25,400 is paid in full. That’s about 211 days or a little over 7 months.
NOTE
Factor Rates range from 1.10 to 1.5+ (the Rates depend upon various factors/ criterias).Term are minimum of 30-days,but can also be 45-days,60-days,6-months,9-months,1-year,15-months, or as high as 18-24 months, or any Term in between (again, the Term depends upon various factors and criterias) and can have daily, or weekly payments dependings upon the qalification of the merchant/ client.And, if structured as with hold-backs, the percentage of hold-back can range from 5% up to 30%+ (dependent upon various factors/ criterias).
What is needed?
- FICO score of 550 or better. If your score is 650+ or 700+, we offer special benefits.
- Minimum of one year in business.
- We can pay off 1st and 2nd position loans or advances.
- $4,000 minimum credit card transactions daily.
Here's How You Can Get Funded:
APPLICATION
Your application must be completed and signed – just click the link below to fill out your application.
BANK STATEMENT
Provide us with your three most current monthly Bank Statements.
MERCHANT STATEMENT
Your four most current months of your Merchant Statements.