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