Merchant Cash Advance

Merchant Cash Advance

A merchant cash advance with Shield Funding is a great financing solution for your small to medium sized business. It is a low document alternative funding solution compared to traditional loans. The cash advance is based on future sales and a lump sum of those funds is advanced to you. This type of financing can also be provided for individuals with bad credit and the funds have no restrictions on its uses. The most important factor to qualify is to have a business with revenues. Learn more about how a merchant cash advance works or start the application process with our apply form to learn what type of financing is available for your company.

What is a Merchant Cash Advance

A merchant cash advance is basically an agreement by a borrower to sell a percentage of future sales receivables at a slight discount for an up-front bulk cash payment. Most merchant cash providers require that you accept credit cards and the agreed upon percentage is deducted automatically from each future sale. This can be very advantageous for borrowers because there isn’t a monthly bulk payment. If the business experiences a slow cycle then the amount being repaid on the loan at the time also decreases. This removes the stress involved with large monthly payments. Also, all the payments are completed electronically so there is very little effort required with the payback process as there is with standard invoices mailed and checks written.

Merchant Cash Advances Without Credit Card Processing

Being a leader in the merchant cash advance industry we also feature cash advances for companies that do not process credit cards. The process is very similar to the above mentioned, however, instead of receiving the payments via the credit card processor we establish a program where a portion of the revenues are deposited. It is very convenient for business owners who receive the bulk of their revenues through different payment methods. We will continue to develop innovative funding solutions to ensure that our clients always have access to working capital.

Why Use Shield Funding for your Merchant Cash Advance

Our main goal is to provide small to medium sized businesses with fast and very flexible financing solutions. We are a trusted resource for business financing for almost a decade and our “A” rating for lending practices will attest to that. All you have to do to receive financing for your business is complete our online apply form and you can find out the amount of cash financing is available for your business. We don’t require tax returns or great credit, and the complete application process is relatively fast compared to traditional banking applications. Some of our clients get approved and funded very quickly. Obtaining a business loan is so difficult in today’s economy that our flexible and relatively short application process makes applying for a merchant cash advance at Shield Funding a great solution.

Merchant Cash Advance Uses

A merchant cash advance can be used for any of your business needs; there are no restrictions. Whether you are expanding your business, attempting to acquire new inventory, or just need funding to meet short term cash requirements the advance can be allocated based on your judgment. Remain in front of your competition by securing financing at Shield Funding.

For more information see “Why a Merchant Cash Advance can work for you“.