Merchant Cash Advance
Quick access to working capital based on your business's cash or credit card deposit history. Get funded fast with flexible repayment tied to your daily sales.
What Is a Merchant Cash Advance?
A Merchant Cash Advance (MCA) through SpotOn Financial is not a traditional loan, but a lump-sum cash advance against your future earnings. It's specifically based on the cash or credit card deposit history of your business.
Repayment is done via daily or weekly ACH withdrawals, or directly through credit card sales from your merchant account. This makes it an ideal solution for businesses that need quick access to capital and have consistent daily sales.
How It Works
Not a Traditional Loan
A Merchant Cash Advance is a lump-sum cash advance against your future earnings-specifically based on the cash or credit card deposit history of your business.
Flexible Repayment
Repayment is done via daily or weekly ACH withdrawals, or directly through credit card sales from your merchant account.
Short-Term Solution
MCA is positioned as a short-term funding solution rather than a strategy for long-term financing.
Broker Model
SpotOn Financial acts as a broker-we match your business with MCA lenders from our network to find terms that work for you.
Who Qualifies?
To be eligible for a Merchant Cash Advance, your business generally needs to meet these requirements:
- At least 6 months in business
- Monthly deposits of at least $15,000
- Businesses with challenged or imperfect credit may still qualify
- Strong credit helps reduce costs but isn't required
Cost & Considerations
Because the MCA is repaid via future revenue, businesses with unstable cash flows should carefully consider whether this option is right for them. The cost can be higher than traditional financing, but the speed and accessibility often make it worthwhile for businesses that need capital quickly.
SpotOn Financial acts as a broker-we match your business with MCA lenders and are paid a success fee by you (not by the lender). This means we're incentivized to find you the most favorable terms available.
Get Your Merchant Cash Advance
Apply now and get the working capital your business needs. Our team will match you with the right MCA lender.