Merchant Cash Advance

A Merchant Cash Advance is a type of business funding to provide capital in exchange for a percentage of your receivables and future sales. You receive the capital now, and we'll be repaid via a percentage of your sales.

If your business averages a minimum of $7,500 per month and you've been in business for 6+ months, you can typically qualify for up to 120% in funding.


Who should apply?

Merchant Cash Advances can benefit a wide variety of businesses with no restrictions on how the funds are used.

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Requirements for approval

The following factors are considered when approving your Merchant Cash Advance:

  • Cash Flow/Business Revenue
  • Vendor Payment History
  • Time in Business
  • Public Records

Our Simple 4-Step Process:

Business Capital with Stafford Business Funding is an easy and quick Process:


STEP ONE: APPLY

Fill out our easy online form to get the process started. Provide 3 months of bank statements when requested.

STEP TWO: REVIEW THE FUNDING OPTIONS

We'll reach out to complete the application process, review your offer (if approved) and discuss your funding plans.

STEP THREE: GET FUNDED

Once approved, your funds can be deposited within 24 hours during normal business hours.

STEP FOUR: SET-UP REPAYMENT

Payments will be deducted from your daily or weekly debit & credit card sales - automatically!

'No Restrictions' Business Funding

Unlike many other types of business or capital funding, our Merchant Cash Advance has no restrictions on how you or your business can use your funds.

Here are just a few "growth-oriented" potential uses of your new capital:

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MARKETING

Increase your marketing spend to support future growth strategies

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PURCHASING

Purchase raw materials or additional inventory in bulk for cost savings and sales security

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HIRING OR TRAINING

Hire new staff, or invest in training and education for your existing staff

Merchant Cash Advance FAQs

Below are our detailed answers to the most frequently asked questions regarding our Merchant Cash Advances. Contact us to find out more or Apply Online:

What Business Types Qualify for a Merchant Cash Advance?

Virtually any type of legal business can qualify for a Merchant Cash Advance. Contact one of our Advisors to find out more.

How fast can I access my funds?

Once approved, funds can be deposited within 24 hours (during normal business hours).

What is the interest rate for a Merchant Cash Advance?

A Merchant Cash Advance does not have an interest rate since it is a special type of funding that is an advance against future sales. The "factor rate" of a Merchant Cash Advance varies with each type of business and the amounts and frequencies of receivables, for example.

Are there any restrictions on how I can use my funding?

Unlike many other types of business or capital funding, our Merchant Cash Advance has no restrictions on how you or your business can use your funds.

How can my business qualify for a Merchant Cash Advance?

Primarily, we look for consistent revenue with monthly receipts at a minimum of $7,500, and a minimum of 6 months in business.

If I have bad credit, can I still qualify for a Merchant Cash Advance?

Yes, you may qualify for a Merchant Cash Advance even if you have a low credit score since it's mostly based on your business' cash flow/receivables and other business factors.