Business solutions

Merchant Cash Advance: The Fast-Track Funding Solution for Your Business

28 November 2024

A flexible and fast financing option designed with businesses like yours in mind.

Table of contents

What Is a Merchant Cash Advance?

How Does Merchant Cash Advance Work?

Is Merchant Cash Advance a Loan?

Who Can Benefit from a Merchant Cash Advance?

Why viva.com Merchant Advance Stands Out?

How to Get Started with viva.com Merchant Cash Advance?

Running a business is full of challenges, especially when it comes to managing cash flow. At times, you might need extra funds to seize a new opportunity, invest in growth, or simply navigate through a slow season. Traditional loans can be a hassle, with rigid requirements and lengthy approval processes.

This is where a Merchant Cash Advance (MCA) comes in—a flexible and fast financing option designed with businesses like yours in mind.

What Is a Merchant Cash Advance?

A Merchant Cash Advance (MCA) is a funding solution that provides businesses with an upfront lump sum of cash in exchange for a percentage of their future daily card sales. Unlike traditional loans, the repayment is not tied to a fixed monthly amount. Instead, the business repays the MCA through daily sales, which means the repayment amounts fluctuate based on the business's performance. During busier times, you pay more; when business slows down, your repayment adjusts accordingly.

How Does Merchant Cash Advance Work?

A Merchant Cash Advance is a working capital solution that gives you upfront funding, repaid through a percentage of your daily sales. It’s not a loan-it’s a smarter, revenue-based funding option that adapts to your business performance.

· Fast Approval: No endless paperwork or waiting. Funding is approved and disbursed almost instantly.

· Flexible Repayments: Pay back a portion of your daily sales-higher on busy days, less on quiet ones.

· Transparent Costs: One fixed fee upfront, so you know exactly what you’re paying-no hidden charges or surprise interest.

· No Collateral Needed: Access funds without putting assets at risk.

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Is Merchant Cash Advance a Loan?

While Merchant Cash Advances (MCA) and traditional loans both provide businesses with funds, there are key differences between them:

Repayment Structure: MCA repayments are tied to daily card sales, adjusting with your revenue, while traditional loans require fixed monthly payments.
Interest vs. Fixed Fee: Traditional loans involve interest, increasing the total repayment, whereas MCA has a fixed fee, with no hidden costs.
Approval Process: MCA is based on sales history and requires minimal paperwork, making it faster to access than traditional loans, which involve collateral and credit checks.
No Collateral: Unlike traditional loans, MCA doesn’t require collateral, reducing risk for business owners.

Who Can Benefit from a Merchant Cash Advance?

Merchant Cash Advances are ideal for businesses that:

· Operate in retail, hospitality, or seasonal industries where sales fluctuate.

· Have a steady flow of card transactions, such as restaurants, shops, or service providers.

· Need quick access to funds to take advantage of opportunities like stocking up for the holiday season or upgrading equipment.

Why viva.com Merchant Advance Stands Out?

Viva.com’s Merchant Cash Advance offers tailored solutions that make funding even more accessible and flexible. Here’s why viva.com stands out:

Speed: MCA applications are quick, with funds often disbursed within hours, ideal for urgent needs like inventory or expansion.
Flexibility: Repayments adjust with daily sales, ensuring payments are manageable, even during slow periods.
Transparency: MCA providers offer clear terms, with one fixed fee and no surprise interest or hidden fees.

With viva.com’s Merchant Cash Advance, funding is fully tailored to your business:

Get funds, fast: Approvals could happen even within hours, not weeks. Need funds now? Sorted.
Pay as you earn: Repayments flex with your revenue, so you never feel the pinch.
Keep it clear: A single fixed fee means no interest surprises or hidden costs.

This solution integrates seamlessly into viva.com’s payment ecosystem, empowering businesses to grow without restrictions. Whether you’re scaling operations, restocking inventory, or upgrading your equipment, viva.com makes funding fast, simple, and stress-free.

How to Get Started with viva.com Merchant Cash Advance?

Getting started with viva.com’s Merchant Cash Advance is easy:

Open a viva.com Account: If you haven’t already, create your account on viva.com to begin.
Check Eligibility: Ensure your business has consistent card sales and meets the basic eligibility criteria.
Apply Online: Log in to your viva.com account, click on your personalised offer, select your preferred Merchant Cash Advance amount, and complete the application.
Approval & Quick Funding: Once approved, funds will be disbursed rapidly, often within a few hours, to fuel your business needs.

Important: Applications are subject to approval based on your business profile.

Merchant Cash Advances offer businesses the speed, flexibility, and ease of access that traditional loans can’t provide. With a quick approval process, flexible repayments tied to sales, and no hidden fees, MCA is an ideal solution for businesses looking to manage cash flow and take advantage of growth opportunities. If you need fast access to funds with minimal hassle, viva.com’s Merchant Cash Advance is the right choice for your business.

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