Short Term Working Capital with Merchant Cash Advance
Immediate, non-collateralized capital to reopen and grow your business.
1K -
2
million
Short Term Working Capital
1.14 -
1.5
Factor Rate
1 -
2
Days
Approval and Funding
5
th
Max Loan Position
Merchant Cash Advance Benefits
Fast and Easy Approval and Funding
Apply online in minutes and have funds deposited in your bank account in as fast as same day.
High Approval Ratio
An astounding 90% of our applicants are approved for funding, even those who already have other debt or low credit score.
Predictable, Fixed Rate
Each payment you make goes directly to cover your balance.
Business Credit Building
Help build your business’s credit by making on-time payments, which we report to bureaus.
Prepayment Discount
You can pay your loan off early and all remaining interest is waived with no penalty or fee.
No Collateral
No collateral or liens on personal assets required to secure funding, ensuring that your personal home, car, or other assets you've worked so hard for will not be at risk.
Unrestricted Use Of Funds
we do not audit your business to see how did you spend the money (as other lenders might). It’s your business, we trust you know how to run it.
Tax Deductable
The fees and interest are generally tax deductible.
Best Suited For
Finance projects that have an immediate return on investment
Fund larger projects that pay back longer term
- REOPENING YOUR BUSINESS
- Updating or refreshing locations
- Inventory deals with a quick turnaround
- Buying/Emergency repairs of critical equipment
- Seasonal hiring or inventory
- FINANCING MARKETING CAMPAIGNS
How FundersPoint MCA Works
Apply Online
Takes less than 10 minutes
Provide us basic information about your business.
Review Your Options
Ready in as fast as one business day
Your dedicated loan advisor will reach out and work with you to choose the best offer
Get Your Funds
Available as soon as same day
Once Approved, the money is in your business bank account within 24 hours
Make Repayments
Payment is easy and hassle-free with automatic bank deductions daily or weekly so you don’t have to worry about missing a payment.
How to Get Started
Minimum qualification
- 500 FICO
- 1+ years in business
- $250,000 in annual revenue
What you need
- Basic details about you and your business
- Bank connection or 3 months most recent bank statements
Ready to apply? Get Started
Have more questions? Read the FAQ