• Get Up To $1,000,000 per location
• 80% Approval Rate
• Typically Receive Funds in a Week or Less
• No Applications or
  Closing Fees

Merchant Cash Advance

What is a Merchant Cash Advance?

A Merchant Cash Advance is a short-term advance (5-12 Months) designed to increase cash flow and is often used to fund the daily operations of a business.

How does a Merchant Cash Advance Work?

A business owner can get immediate cash by agreeing to sell future credit card and cash revenues at a discount today. FundingFriend collects the purchased credit card revenues by collecting a fixed portion of each batch of credit card sales.

Why is a Merchant Cash Advance appealing to the business owner?

Business owners appreciate the fact that they can monetize their future credit cards sales and obtain working capital in less than one week and embrace the idea that, unlike a loan transaction, there is no personal guarantee and no collateral required for this capital (requirements such as near perfect credit, applications fees and volumes of documentation do not exist with this form of financing). Additionally, because a percentage of their sales are used for repayment, there are not fixed payments to hinder cash flow during slow periods.