What is a Business Cash Advance?
A Merchant Cash Advance (MCA) is a lump sum of cash given to a business in exchange for a percentage of their future credit/debit card sales. This acts as an advance on revenue rather than a traditional loan. MCA applications are easier and faster to get approved, often without needing good credit.
Important: An MCA is NOT a loan — it's a cash advance based on your company's credit card sales. GGA also offers loan products that can be a hybrid advance structured as a loan with approval based on revenue sales, not just credit card sales.
How It Works
- Advance Amount: A provider gives you cash now (e.g., $10,000) for a fixed total repayment amount based on a factor rate.
- Repayment: A fixed percentage of your daily credit/debit card sales is automatically sent to the provider until repaid.
- Variable Payments: If sales are slow, your payment is lower. If sales are strong, your payment is higher.
✓ Pros
- Fast & easy — quick application and funding
- Lenient eligibility — focus on sales volume over credit scores
- No collateral required
Best For
- Quick capital when traditional loans aren't accessible
- Businesses with consistent credit card sales
- Short-term solutions with a clear exit plan
Greater Globe Alliance and its network offer a wide range of fast-cash advances and revenue-based loan solutions including merchant cash advances, invoice factoring, and other fast-cash solutions with flexible terms to suit your business.
Will not affect your business or personal credit scoreBenefit from our extensive knowledge, decades of experience and resources to help your business reach its next level of success.