MCA Loan Calculator

Merchant cash advances are tied to your daily credit card transactions. They allow you to take an unsecured business cash advance against your credit card transactions.

MCA loans are usually quick to qualify for and disburse payment. Besides not needing collateral, you credit score doesn’t have to be the best.

What Happens When You Get A Merchant Cash Advance?

If your business is established and has great credit, an MCA is probably not a good option. However, if you are just starting out or don’t have good credit, an MCA might be your only option. In return for the advance, you are giving up a percentage of your daily credit card sales.

Like most short-term loans that are easy to qualify for, MCAs come with a high interest rate. In fact, some APRs are above 100%.