Merchant Cash Advance (MCA)

Does your small business make frequent sales, but can’t secure traditional financing?

Revenue-based financing could be the answer to your frustrations. A merchant cash advance (MCAs) is a type of revenue-based financing that provides a simple and flexible way to get fast funding—based on your future sales.

Apply online today to get approved for a Nexi merchant cash advance.

What is a Merchant Cash Advance (MCA)?

Transform future sales into current cash

Securing traditional funding can be difficult for small businesses without a credit history. However, merchant cash advances (MCAs) are among the most accessible alternative lending solutions for owners who need to quickly improve cash flow.

MCAs are not loans. Rather, a business receives a lump-sum payment in exchange for a portion of their future sales. That’s why they are occasionally referred to as revenue-based financing. Small business owners make repayments in two ways. First, a “factor rate” is applied to the entire amount. Second, businesses must remit a fixed percentage of daily sales (aka a “holdback amount”) until the advance is fully repaid.

MCAs are especially flexible in that repayment terms fluctuate based on sales. As a result, small businesses who take on MCAs should never see more money going out than coming in.

How Does a Merchant Cash Advance Work?

Get approved today for a merchant cash advance with an alternative financing firm like Nexi.

Here’s what you can generally expect:

Receive a one-time lump-sum payment
Use money for any type of purchase or expense
Repay interest on the full amount
Repay lender a percentage of daily sales
Continue payments until repaid in full

Benefits of a Merchant Cash Advance for Small Business Owners

Fast access to lump-sum cash

A merchant cash advance can help fuel business goals that may have previously been unreachable. And with many MCA lenders providing swift approvals, this means small business owners can quickly access capital as expenses, last-minute investments and even new opportunities arise.

Flexibility in repayments

Working with Nexi, small business owners can select a repayment plan that works best for them. That may include daily or weekly payments, a flat rate set in advance, or dynamic rates that change depending on sales. In other words, you can choose a repayment plan to match your ongoing cash flow situation.

Spend it on anything

Unlike with some small business loans, merchant cash advance providers have no spending restrictions. Use your capital on anything your business needs to survive and thrive. A merchant cash advance is the perfect way to fund whatever endeavor you need it for, from inventory system upgrades, to credit card payments, to marketing campaigns and beyond.

Perfect credit not necessary

You don’t have to have impeccable credit to qualify for a merchant cash advance. In fact, MCA requirements are minimal, making them a simple and low-risk option for securing money quickly. Even small business owners who have limited credit history may be eligible, provided their business has steady profitability and potential cash flow.

No need to put up collateral

Some types of business financing—like bank loans—require small business owners to put their financial health on the line. Conversely, if your business fails and the MCA is not fully repaid, there is no legal liability. Rather, a MCA lets small business owners take charge of their own financial situation without compromising the security of their future success.

Build up a credit history

Taking a merchant cash advance and meeting repayment terms can help you demonstrate financial responsibility and gain credibility with future potential lenders. This could mean better interest rates on future loans and more access to capital that your business needs to expand and flourish.

Merchant Cash Advance Terms & Qualifications

Borrow up to $500,000
Factor rates as low as 1.16
Application approval within 24 hours
Receive funding within 24 hours of approval
Term period up to 18 months

PLUS no collateral or personal guarantee needed

To qualify for a line of credit with Nexi, small businesses must have:

At least 6 months in business
$100,000 in annual revenue

What you’ll need to provide:

Basic information about you and your business
Basic information about your invoices
Bank connection or 3 months of your most recent bank statements

Apply for a Nexi Merchant Cash Advance Today

With Nexi, the road to responsible alternative funding is simple and fast:

Complete this 3-step online application form.
Receive approval within 24 hours (often as little as 3-4 hours).
Submit documentation, as requested by Nexi.
Receive direct deposit from Nexi.