Merchant Cash Advance

Learn How a Merchant Cash Advance Can Help You Meet Your Goals

There are many reasons why a business needs funding, but no matter what your goals are, there’s a type of financing that can help you meet them. A merchant cash advance is a good alternative to consider if you don’t think traditional loans are right for you. At Gateway Commercial Funding Group we can help you decide if this type of financing would better suit your needs.

How It Works

Getting an MCA means you receive a lump sum of cash that is later repaid using your future sales. Rather than making payments once a month, a percentage of each credit and debit card transaction goes towards repayment. Our merchant cash advances include:

  • Up to $200,000 per business location
  • Fast closings
  • No fixed payments
  • No balloon payments
  • No prepayment penalties

What Lenders Look At

In order to determine your factor rate, lenders will consider the following:

  • Your credit score.
  • Your history of credit card transactions.
  • Your business history, including your financial history and years of operation
  • Your industry and niche.

If your business qualifies, you could get funding quickly and enjoy flexible payments right away.

Utilize Flexibility

A merchant cash advance can be a great funding source for businesses that value flexibility in both qualification requirements and repayments. At Gateway Commercial Funding Group, we can help keep your business moving with an infusion of working capital.