Merchant Cash Advance in Chicago

Provide immediate access to funds based on future credit card receivables

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MCA Financing in Chicago

Need to obtain cash now and skip the long wait that usually accompanies traditional loan approval? At JSV Capital, choosing a merchant cash advance in Chicago over a traditional small business loan might just be for you. Merchant cash advances from JSV Capital are some of the most reliable in the nation for your business’s funding needs.

Approval rates are higher than a traditional loan, making a merchant cash advance worthwhile. There are down payments required and flexible monthly payments are proportional to your business profits. This way, JSV Capital can help ease the financial pressure allowing you to focus on running your business smoothly.

Small Business Loans

What Is A Merchant Cash Advance?

A merchant cash advance is one of the most effective ways to access capital quickly, with no down payment, collateral, or hassle. A merchant cash advance is a down payment on your small business’s future revenue. As a business owner, you will be paid back based on the future credit card receivables of your business. Put simply, a merchant cash advance is the purchase of your future sales at a discount.

Merchant cash advances offer higher approval rates, flexible monthly payments, and freedom for business owners from the confines of traditional loans.

How Do JSV Capital’s Merchant Cash Advances Work?

Merchant cash advances do not require an extensive credit check, business history documentation, collateral, or tax documents. Since merchant cash advances entail buying future sales, the only proof required that your business makes sales. When you get a merchant cash advance through JSV Capital, you’ll receive the following benefits:

No Collateral

Merchant cash advances aren’t loans, therefore collateral and/or down payments are not necessary for you to receive funding. This also means that clients of JSV Capital have a low risk of loss should your business falter or encounter hardship.

Flexible Monthly Payments

Fixed monthly payments are stressful, but with a merchant cash advance, monthly payments are based on how much you make a week or per day. If you don’t make any money during a particular week, then you don’t owe anything at that time. 

Less Paperwork and Documentation

Part of the hassle that comes with applying for a standard loan is the paperwork. Other than running necessary credit checks, lenders need an exorbitant amount of documentation that proves you can pay them back. Because cash advances are technically a purchase, they require little to no paperwork when you apply.

Fast Access to Cash

While a traditional loan can take weeks or months for approval, merchant cash advances go from application to disbursement within a few days.

Our Business Funding Advantage

Quick and Easy application process
Terms ranging between 6 Months and 5 years
Rates between 5 – 35%
Approval within 12 to 48 hours
No Pre-Payment Penalties
Weekly and Monthly payment options
Funding up to $1,000,000

What Do I Need to Qualify for a Loan?

6 Months in business
500+ Credit Score
All industries welcome
$150,000+ in annual revenue

How to Apply

Send us your past 3 months of business bank statements
A dedicated JSV Capital Funding Specialist will reach out to discuss your options

What Do I Need To Apply For A Merchant Cash Advance?

First, you can apply for merchant cash advance financing on our website conveniently from your smartphone, tablet, or computer. There’s no cost and applying will not impact your credit score in any way.

You will need proof that your business has adequate sales and you might be asked to give records of credit card purchases. Overall, business owners should have a positive cash flow and have been in business for at least three months.

How Quickly Can I Receive Funds After Applying?

JSV Capital makes obtaining financing for your business easy. After completing the online application and providing bank records of your business for the past three months, a dedicated JSV Capital specialist will reach out to you about your options. Upon approval, you can receive disbursement in as little as one to two business days.

Do I Need Collateral For A Merchant Cash Advance?

With JSV Capital, clients are not required to give collateral or make any down payments in order to receive funds. Because merchant cash advances are not loans, they do not operate like loans, and collateral is not necessary. This includes interest rates, which don’t occur when you receive a cash advance. In turn, you’ll have a lower risk should something happen that financially impacts your business. JSV Capital is committed to educating and guiding its clients. For more information contact our specialists today!

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Inquire about our Business Loan programs.

We are one of the most trusted sources for merchant cash advances. Unlike most lending companies, JSV Capital provides access to quick and affordable small business funding options for all types of businesses.

We pride ourselves on being a small business financing and funding partner that helps facilitate growth while always providing exceptional, dedicated service. Talk to us today about how we can support your growth, limit  your turnover, and put you on a solid track to success and profit.

Apply For Merchant Cash Advance Financing

No cost to apply. Applying will not impact your credit score.