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6 Benefits of Merchant Cash Advance for Businesses

All businesses need capital to survive and serve their clients, but loans may not always be a good deal. In some cases, qualifying for a loan may be a tricky task and not all people will be able to get one. The paperwork involved, the time that goes in vain – all these factors and more contribute to a hassling experience.

Instead, a cash advance provides a better solution to financing problems. Here are several reasons why.

Merchant cash advance (MCA)

1. An Easier Application Process

It is certainly no hassle applying for a merchant cash advance. The process is simple and takes less time, unlike in a bank loan. What’s more, the entire procedure can be executed online without too much trouble. All you must do is fill up the forms wherever required and upload your business identity documents and recent credit card processing statements.

2. You Will Be Less Stressed Than You Are

Having a business is no bad thing for anyone. It is rewarding and provides you with commercial as well as life experience. However, one will be stressed when there are responsibilities to look at. With a merchant cash advance, you will easily be able to forget your stresses and be relaxed. This also allows you to look after other aspects of the business – providing you with maximum control over your assets.

3. Your Credit Won’t Be Harmed At All

Most people think that a merchant cash advance will harm their credits, but this is untrue. The reason is because you are not applying for a loan, but rather selling future sales on your credit card for capital. Many or most providers do not require you to have a very good or impeccable credit score for qualification. This means you do not need to spend time to improve on this before you apply.

Young woman counting money

4. Get Quick Access To Capital

As the paperwork is brief, you won’t be ruining crucial hours of your time in trying to get them arranged. All you must do is very simple and when it is done, you can relax as the money you need comes to you. Getting quick access to capital, as you probably realize, is important if you need to work on an immediate investment or need money for a business purpose. Waiting for a loan amount can be tiring.

5. High Approval Rate And Collections Based On Revenue

Almost all applications are processed to end up in a positive response. What is basically done is that your credit card transaction details are examined to come to a conclusion. So, if you have credit card sales for over $5,000, you need not worry. In case of loans, there is a fixed amount that you need to pay back each year, but in this case, it is simply based on your revenue.

6. Use The Money Just The Way You Like

Some loans come with guidelines for you to use the money. For example, if the bank feels that a particular investment is an uncertain gamble, their terms will clearly discourage you from taking it. In businesses, however, total freedom is required. This helps you work ahead on the important aspects of your trade the way you wish to proceed with it. MCAs work in a method that allows you complete freedom over the cash, thus easing your work.

For businesses, being clever with the cash is the way to success. We’re not talking about tax evasions though! If you need funding and do not have immediate investors, this is a great way to begin the process of easing your business plans. Work it out for yourself the way you like, and you shall certainly be able to get the best for yourself. We wish you good luck for your commercial ventures and hope you will be successful out there.

About author

Ivan Widjaya
Ivan Widjaya 3560 posts

Ivan Widjaya is the Owner/Editor of, as well as several other blogs. He is a business blogger, web publisher and content marketer for SMEs.

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