Merchant Cash Advance Canada
It’s easier than ever to get the financing you need to build your business. Our Merchant Cash Advance Canada program can help you by turning your future credit card sales into working capital. Imagine what that could mean for your business. With a small business cash advance, you can purchase inventory, upgrade or purchase equipment, make renovations, expand your business, and so much more.
Benefits of considering our Merchant Cash Advance Canada Program
With a simple, one-page application form and zero application fees, you can make use of small business advance funds in as little as 3-5 days. We qualify your business for an advance amount based on your average monthly Visa/Mastercard processing.
Rather than make set payments on a monthly basis, you agree to have a tiny percentage of your daily credit card sales withheld to repay the small business cash advance. This percentage is automatically taken from your credit card processing settlements daily until the end of the agreed term.
You have complete flexibility when putting your small business Merchant Cash Advance funds to work in Canada:
- Renovate
- Expand
- Website Development
- Working Capital
- Replenish Inventory
- Upgrade Equipment
- Advertise / Promotions
Merchant Cash Advance Canada: Key Components
It can take months of paperwork and approvals to qualify for a traditional bank loan. Financing major expansions with a corporate credit card introduces expensive interest charges that can follow you for years.
Applying for our Merchant Cash Advance program is easy and affordable:
- Get approved quickly with minimal documentation required.
- High approval rates with each merchant cash advance.
- Receive funds in as little as 3-5 days with a merchant advance.
- Repay the advance daily through your merchant processing.
- Opportunity to renew your cash advance for additional funds.
Every business needs cash flow to survive – and external financing to grow. With a merchant cash advance, you enjoy the best of both worlds. Physical terminals such as the Clover Flex and Clover Mini can be used towards the duration of the program.