A business capital advance, or a merchant cash advance, is financing option that provides a lump sum advance to your business. In turn, you remit a percentage of your business's credit card transactions. Therefore, the remittance timeline is tailored to the flow of your business’s sales. The funds can be used to improve short-term cash flow, hire more employees, upgrade equipment, pay for marketing, cover payroll, whatever your business need is!

An advance is different from a loan, as there is no collateral required. Early payoff discounts are also available! Check out our blog, where we break down the differences between a grant, a loan and a capital advance.