Merchant Cash Advance in New York City

Provide immediate access to funds based on future credit card receivables

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MCA Financing in NYC

As a small business owner, it can be challenging to manage your cash flow, payroll, among other expenses. On top of that, obtaining a loan can be a challenging, lengthy and confusing process. For owners with bad credit or who want an alternative to traditional bank loans, JSV Capital offers merchant cash advance financing in NYC. If you’re considering whether an MCA will suit your needs, we’ll break down everything you need to know and explain how you can apply for one today.

Small Business Loans

What Is A Merchant Cash Advance?

A merchant cash advance describes a type of alternative financing option for business owners that is not a traditional bank loan. An MCA differs from a loan because it doesn’t require collateral or take your credit score into consideration.

In simplest terms, a merchant cash advance is a way to invest in your companies future. A down payment, essentially. How it works is that a lender will purchase a portion of your business’s future sales. In exchange, you’ll receive financing. As an owner, you’re responsible for repaying the lender over time thoroughly weekly or monthly installments. Therefore, a percentage of your income will be automatically deducted from your daily credit or debit card deposits or withdrawn from your bank. The among taken out will fluctuate each period according to how profitable your business is.

Advantages Of A Merchant Cash Advance

For business owners looking to expand or sustain their cash flow in the short term, merchant cash adanves are a convenient finacning solution. An MCA is most attractive to those who don’t qualify for a bank loan but still need immediate funding. These are some of the advantages to obtaining a merchant cash advance:

Higher Approval Rates 

As one of the easiest financing options to qualify for, approval rates for a merchant cash advance are 70% higher when compared to traditional bank loans. 

No Collateral Necessary 

At JSV, there’s no need to put up collateral to receive a cash advance. Lenders will be repaid directly by taking a portion of your business’s income, meaning they have low risk of loss should your business go under.

Flexible Payments 

Depending on the ebb and flow of sales, your payments to the lender will be reflective of your profits. JSV Capital offers flexibility based on how much your business is making per week or per day.

Less Paperwork 

We want to make all of our financing options easy and convenient for you. To apply for a merchant cash advance, skip the paperwork and apply directly through our website via your phone, computer or tablet. 

Faster Funding

To apply for a cash advance, the process takes just minutes. Our specialists will then decide if you’re approved in a little as 12 to 28 hours. If you’re approved, funding will be immediately available in your bank account.

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?

Unlike loans where you have to submit a credit check, business history documents or tax paperwork, you can forgo all of that when applying for a cash advance. The only thing you must provide is proof of sales. This can be done by submitting bank statements or credit card purchases.

To qualify, businesses must be operational for at least three months and have a positive cash flow.

Common Uses For A Merchant Cash Advance

Most often, merchant cash advances are sought out by start-ups with little income, owners with average or low credit and those who don’t qualify for a bank loan. A cash advance can be used across all industries for quick financing in the short term. A few of the common uses for MCAs include funding emergency expenses, supplementing payroll and bill payments and purchasing inventory. It can also be used to support your business during seasonal fluctuations.

How Much Funding Can I Get?

The amount of money you receive from a merchant cash advance will reflect how much in sales your business is bringing in, among other factors. To learn more, speak with our specialists at JSV Capital about your financial needs.

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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.