A Merchant Cash Advance ( MCA) is an option when a business needs to access capital quickly, and where credit score isn’t much of a factor. The loan purpose is flexible and there are not a lot of requirements or paperwork in order to receive approvals and funding. And, because credit requirements are typically less than a small business loan, it could be an option for a business that’s expanding fast or looking to take care of an immediate need without directly affecting their own cash reserves.
The timeline is very fast and paperwork is minimal. You can have funds in your account in as little as 2-4 hours within submitting paperwork