Merchant Cash Advance

Merchant Cash Advance

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Business Funds Loaned

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Business Owners Helped

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Industries Served

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Business Funds Loaned

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Business Owners Helped

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Industries Served

Business Cash Advances | Amerifi Capital Group

Business owners looking for a quick influx of cash & flexible repayment options, trust Amerifi Capital Group.

Merchant cash advances provide small businesses with an alternative from traditional bank loans. Business owners receive funds as a lump sum upfront from a merchant cash advance provider and repay the advance with a percentage of the business’s sales.

A merchant cash advance is not a business loan but should be considered a cash advance based on the volume of your total sales. The funding provider gets paid back by taking a portion of your future total revenue. You can usually get approved in a day or two—with very little paperwork. But you’ll likely pay for this convenience in higher interest rates.

Because this option is more expensive than some other options, it’s a good way to take advantage of a short-term opportunity that requires fast cash, but it can become very expensive if you’re looking for money to bail you out of a financial bind. You don’t want to get in the habit of relying on merchant cash advances since its higher cost can make it very difficult to manage future cash flow.

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“I have tried other companies, but this is certainly the best. They bring efficiency to a new level of simplicity.”

John Smith, New York

“This is the best company I have ever worked with. I’ll definitely choose them again, and highly recommend them.”

Jodi Black, Dallas

Frequently Asked Questions

  • How does a Merchant Cash Advance work?

    A merchant cash advance provider will provide an approved amount, and the merchant will repay the advance with a percentage of the total sales volume for the business. 


    Interest rates on merchant cash advances are usually quite high, and determined by a "factor rate".  


    For example, if a business is approved for $100,000 with a factor rate of 1.5, the total amount to repay would be $150,000 ($100,000 x 1.5). The daily payment would then be determined by the terms of the advance. 


    Higher revenue in sales can put an applicant in a better situation with a potentially lower factor rate. 


    Merchant cash advances have very low credit requirements, so applicants with bad personal credit or thin business credit profiles can make up for it with high volume sales numbers. 

  • What are the Pros of Merchant Cash Advance?

    Pros of Merchant Cahs Advance:


    • Fast access to cash
    • Flexible repayment terms
    • Strong credit not required
    • You choose how to use
    • No collateral required

  • What are the Cons of Merchant Cash Advance?

    Cons of Merchant Cahs Advance:


    • Very, very expensive (70% – 200% APR)
    • Minimum daily payment hurts cash flow
    • Doesn’t help build business credit
    • May lock-in merchant processor
    • Must accept credit cards

  • How do I qualify for a Merchant Cash Advance?

    It's actually quite easy to qualify for a merchant cash advance. Unlike most business financing options, business applicants don’t need to have multiple years in business to qualify. 


    The amount and number of your credit card transactions are more important than the credit profile of the business,  which puts less emphasis on personal and business credit info—solid sales numbers can help a business with poor credit qualify for a merchant cash advance. 


    Most providers offer online applications, making the already quick process even more convenient for business owners. 


    You can even apply via Amerifi Capital Group now, by clicking here.

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