MERCHANT
CASH ADVANCE
Fast and Flexible Small Business Financing
Alternative Business Funding From $3,000 to $500,000
In As Little As One Business Day
Business funding made fast and simple.
Get a quote in minutes!
Minimum Requirements:
- 6 Months+ in Business
- $5,000+ in Monthly Revenue
- Business Bank Account
Apply Online
Save time by avoiding extensive paperwork.
Apply with our simple online form.
You can be approved in as little as 24hrs.
Get a Solution
A Funding Specialist will contact you to discuss options.
Secure funding up to $500,000 for your small business.
95% Approval Rate!
Ever wonder why banks make securing funding for small businesses such an ordeal? The paperwork, endless questions, and delays can be overwhelming. That’s where The Belmont Franklin Group steps in.
As experts in small business loans, we’ve streamlined our process. Our online application takes mere minutes to review. We offer personalized and flexible financing options, quickly approve applications, and can deposit cash into your account in as little as one business day.
Merchant Cash Advance
When you receive a merchant cash advance from The Belmont Franklin Group, we’ll provide you with a lump sum of capital in exchange for a percentage of your business’s future sales.
Our Funding Advisors will work closely with you to create a funding plan that will help jumpstart your business’s growth without maxing out your cash flow. Business owners averaging a minimum of $5,000 per month in sales over the last three months typically qualify for an MCA equal to 90-120% in funding, from as little as $3,000 up to $500,000.
Who Should Apply for a Merchant Cash Advance?
Merchant cash advances are ideal for:
⦁ MCAs can be deposited in as little as 24 hours
⦁ B2C businesses that need smaller amounts of funding
⦁ Businesses with lower credit scores
⦁ Business owners that do not have collateral, such as real estate
No matter what industry you operate in, our expert Funding Advisors will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.
Get A Quote
Loans from:
$3,000-$500,000
Loan Terms:
3-24 months
Automatic Daily Or Weekly Payments
For Easy And Fast Application
The process of getting a small business loan is done in 4 steps:
1
Application is Submitted
Begin the process by completing the credit application and providing your last 3 months business bank statements.
2
File Goes into Underwriting
Our underwriting team reviews the application to ensure the borrower meets the minimum criteria and looks at factors such as credit history, monthly revenue and time in business to make a credit decision.
3
Credit Decision is Given
Our underwriting team will then determine the maximum loan amount, pricing structure, loan terms and repayment process.
4
Acceptance and Transfer of Funds
Once you accept the loan terms, the loan amount is then transferred to the borrower's bank account.
Benefits of an MCA
Speed! Unlike long term loans, merchant cash advances don’t come with the risk of accumulating large debts or interest and don’t have the long-term commitment to loan payments. A merchant cash advance can provide the right amount of money for your business while allowing you to pay off the loan quickly.
Merchant cash advances can benefit you when cash flow is slow during a short time period of time or when funding is needed to help your business grow. A merchant cash advance can help your business now to set you up for long term success.
Apply online to see what financial solutions can help your business thrive.
How to Use a Merchant Cash Advance
There are no restrictions on how a merchant cash advance can be used. MCAs are typically best used to support growth strategies that will help increase your revenue, such as:
⦁ Taking advantage of time sensitive opportunities to grow
⦁ Expanding your marketing strategy
⦁ Purchasing inventory or raw materials in bulk
⦁ Upgrading equipment or technology
⦁ Hiring new staff
⦁ Investing in training and continuing education
Fast
Funding
Fast
Funding
⬤ Not waiting for loan funds to hit your account means you can utilize the money when you need it most
Increased Approval
Rates
Increased Approval
Rates
⬤ Alternative lenders like The Belmont Franklin Group typically have higher approval rates for merchant cash advances
Flexible Repayment
Options
Flexible Repayment
Options
⬤ Flexibility lets you set up a loan program that works best for your unique business needs
Take Care Of
Immediate Needs
Take Care Of
Immediate Needs
⬤ Use merchant cash advances to set your business up for future success by investing in long-term growth plans
Fast
Funding
⦁ Most merchant cash advances are funded quickly, most within 24 hours
⦁ Not waiting for loan funds to hit your account means you can utilize the money when you need it most
Increased Approval Rates
⦁ Alternative lenders like The Belmont Franklin Group typically have higher approval rates for merchant cash advances
Flexible Repayment Options
⦁ Flexibility lets you set up a loan program that works best for your unique business needs
Take Care Of Immediate Needs
⦁ Use merchant cash advances to set your business up for future success by investing in long-term growth plans
EASY TO APPLY FUNDING
SUBMIT APPLICATION & BANK STATEMENTS
REVIEW AND
ACCEPT OFFER
SUBMIT BUSINESS
DOCUMENTS
GET
FUNDED
EASY TO QUALIFY
WE BACK BUSINESSES FUNDING
PROMPT FUNDING
FAQ'S
Yes, as long as you have a credit score of 500+ you may be able to get a merchant cash advance with bad credit if your business has strong cash flow. Alternative lenders like The Belmont Franklin Group have lower credit score requirements, typically starting around 500. Merchant cash advances, invoice factoring, and other alternative small business funding are ideal options for businesses with low credit scores.
The Belmont Franklin Group requires three months of bank statements and other financial records.
Any business that accepts credit and debit card payments may benefit from a merchant cash advance, regardless of industry. Our team of knowledgeable Funding Advisors will work with you to assess your eligibility.
Every business is unique. It’s always best to speak with one of our Funding Advisors to review your circumstances and assess your eligibility. In general, we look for consistent revenue with minimum monthly receipts of $5,000+, and 6+ months in business. We know that credit scores don’t tell the whole story, so we also consider the overall growth potential of your business.
We do not restrict how you can use your merchant cash advance funding. We believe small business owners understand best what they need to do to grow their businesses, so while our team may provide some coaching, the final decision is yours.
A merchant cash advance does not have an interest rate because it is not technically a loan. An MCA is an advance against future sales. The cost of the advance is called a “factor rate”, and it varies based on each business.
A merchant cash advance works by granting businesses access to working capital in return for a portion of their future credit card or other receivables at a discounted price. Small businesses can apply online and, if approved, we’ll send the funds to the business bank account provided.
A small business that wants to apply for a merchant cash advance must have accounts receivable such as credit/debit card sales and invoices. After they apply, the alternative funder will need to review credit card processing statements, business bank account statements, invoices, and other important documents.
Merchant cash advances allow access to quick working capital with flexible payment options that tend to be more flexible than traditional small business loans.
With upfront access to working capital, businesses can more quickly fund their needs. By basing payments on a portion of future receivables, it allows for a more flexible payments. Cash advances are ideal for businesses that are seasonal or have high credit card sales/lots of receivables.
Yes. A merchant cash advance is the same as a business cash advance, just with different terminology.
A merchant cash advance is a purchase and sales transaction where a financing company purchases a portion of a business’s future revenue stream at a discount in exchange for an upfront sum of working capital.
A small business loan is when a financing company lends money to a borrower and the borrower must repay the small business loan with fixed payments.
Ready to Begin?
Complete our streamlined one-page application, provide three months of bank statements, and receive approval within 24 hours.
View common questions related to loan management and documents.
View Our FAQ’S Page
Are You Ready to Get Started?
Fill out our one-page application, submit three months of bank statements, and
get approved within 24 hours.