Avanza Capital’s Merchant Cash Advance program is designed to get business owners to meet their short term financing needs. We can help you get the working capital you need with competitive rates, flexible payment schedules and customizable terms.
Avanza's Merchant cash advance program can provide you 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.
Amount: $10,000 - $500,000
Term: 4 to 12 months
Payments: Daily, Weekly, Monthly
Processing Time: 24 to 72 hours
Pros: -No collateral
-Helps your credit
-Easy and quick funding
Cons: -Takes Credit Score into account
Frequently Asked Questions
Who does Merchant Cash Advance fit best?
A Merchant cash advance works for entrepreneurs who need quick access to funds they can use to purchase inventory, make payroll obligations or cover other business-related expenses. It is another option for businesses who cannot pay a monthly fee.
How much does Merchant Cash Advance cost?
Without the proper research, business owners do find that Merchant Cash Advance factor rates can be pricey. Avanza Capital has an intense focus on traditional rates and unparalleled customer service. Our team is committed to ensuring our business owners are getting the best merchant cash advance deal for their unique situations.
What do I need to qualify?
Qualifying for a Merchant Cash Advance is very simple. We require that the business has been in operation for 6 months or more, and we also need 4 months of recent bank statements as well.
212-457-1336 3261 Richmond Ave, STE 121, Staten Island NY 10312