How Does a Merchant Cash Advance Differ From a Traditional Business Loan?

Looking at the differences between merchant cash advances and loans and key things to consider.

A merchant cash advance (MCA) is a business finance product based on future revenue taken through a business' card machines. It's a quick and easy financing solution for retail businesses' working capital needs, as this type of loan helps you to manage your cash flow efficiently and is ideal for businesses with minimal assets and in which most earnings come from card transactions.

MCAs do not require collateral like most traditional business loans, lowering the risk for companies that may not have sufficient assets to offer as collateral.

Learn more about this option on our merchant cash advance solutions page or get in touch with our friendly team of lending experts.