Merchant Cash Advance

What to know about merchant cash advances and other funding solutions for small businesses.

Let's Get Started

What’s a merchant cash advance?

A merchant cash advance (MCA) — also called a business cash advance — isn’t a loan. The same rules, regulations and requirements do not apply. Instead of borrowing money, you sell your future revenue. MCAs can be appealing because they provide quick funding and have more lenient qualification requirements — meaning you can get approved even with bad credit.

Magna Debt does not offer a merchant cash advance. Instead, we offer a line of credit or a business term loan. Our products are quick and easy to apply for and you can receive the funds you need fast. Our dedicated team of loan advisors is here to help you find the best fit for you.

Before you decide which funding option is right for you, research your options to understand how a merchant cash advance works and how it compares to other forms of small business funding.

How does a merchant cashadvance work?

A merchant cash advance loan forwards payment to your business against future credit or debit card sales. It’s typically used to increase working capital for businesses and cover cash flow gaps. The advance works like this:

  • Your business receives the cash
  • The financing company charges fees
  • Your business repays based on future sales
Contact Us

Minimum qualifications for MCA

What Are the Requirements for MCAs? Am I Eligible?

Every lender is different. One lender might require that you maintain at least $2,500 in monthly credit card transactions, while another might require $5,000.

While most will require that you’ve been in business for at least a year, another might consider you for advance with less than six months time in business. Some lenders may even require that you make five or more deposits a month. Some may require less.

Get Help Now

1+ years in business

500 minimum credit score

$50,000+ in annual revenue

businesswoman-QCR5Q6Y.png




    By Checking this box, you represent that you are 18+ years of age and agree to the Privacy Policy and Terms & Conditions. By selecting the above check box "you agree by your electronic signature that you give express written consent to receive marketing communications regarding debt and services by automatic dialing system and pre-recorded calls and artificial voice messages from magnadebt.com and one or more of its marketing partners at the phone number and e-mail address provided by you, including wireless numbers, if applicable, even if you have previously registered the provided number on the Do Not Call Registry. SMS/MMS and data messaging rates may apply.” Your consent is not required to get a quote or purchase. Your consent can be revoked at any time for any reason. To receive infromation without providing consent, please call at (TTY 711) (888) 431-1104. Carrier data rates may apply. TCPA LeadID's are used with the information for compliance.