Repay over time through a percentage of your daily earnings. Receive the cash you need now for your business needs. MCA represents a quick and easy way to get capital that would not be available otherwise.
Merchant Cash Advance
What is Merchant Cash Advance?
A Merchant Cash Advance allows businesses to access capital from their future revenue, which is then repaid as a percentage of daily sales. Our team will determine your average daily sales and amount of capital you qualify for, though the use of our technology this can be done quickly and effectively.
Why Choose MCA?
Capital Advance has made Merchant Cash Advances to be as effortless as possible. The entire experience is simple and easy without the need for any physical paperwork! Get the cash you need today!
Not a Loan
Merchant Cash Advances are NOT loans. Rather an advance of funds for future sales of the business.
Pay What You Make
Each day, an agreed upon percentage will be debited based on the total sales collected.
Flexible Payments
Repayment is based on a percentage of daily sales rather than a set daily payment amount.
Merchant Cash Advances Are Easy!
Capital Advance has made Merchant Cash Advances to be as effortless as possible. The entire experience is simple and easy without the need of any physical paperwork! Get the cash you need today!
Fill out our online application.
Securely provide banking information.
Our team will review your application and provide an offer.
Receive cash in less than 48 hours.
Repayment is made from the terms set out in our agreement.
General FAQ
What is a merchant cash advance, and how does it work in Canada?
A merchant cash advance is a cash advance against future sales, giving you a lump sum now that you repay as a small percentage of your daily revenue. This makes MCA funding in Canada a flexible option, since your payments rise and fall with your actual sales.
Is a merchant cash advance a loan?
No, it is not a loan; it is a cash advance against future sales, so there is no interest rate or fixed monthly payment in the traditional sense. Instead, MCA funding in Canada is repaid as an agreed percentage of your ongoing sales until the advance is settled.
How is a merchant cash advance repaid?
Repayment works through percentage-of-sales funding, where an agreed share of your daily takings is applied to the balance. Because it is percentage-of-sales repayment funding, you pay more on strong sales days and less when sales are slow.
Can I get a merchant cash advance with bad credit in Canada?
Yes, a merchant cash advance with bad credit in Canada is possible because approval is based on your sales, not just your credit score. Many owners who cannot qualify with a bank still access a merchant cash advance with bad credit in Canada through Capital Advance.
Do I need collateral for a merchant cash advance?
No, this is a merchant cash advance with no collateral required, so your personal and business assets are never at risk. Because it is a merchant cash advance with no collateral, approval is based on your revenue and daily sales instead.
How fast can I get a merchant cash advance?
Capital Advance offers fast merchant cash advance approval, usually with a decision the same day you apply. With fast merchant cash advance approval, funds can reach your account in less than 48 hours.
Do I need a POS system or card sales to qualify?
Card and POS sales help, since this is often a credit card sales advance in Canada based on your daily transactions. That said, POS based business funding in Canada is just one option; we can also assess overall revenue deposited into your business account.
Which businesses are best suited for a merchant cash advance?
A merchant cash advance for small businesses is ideal for retailers, restaurants, salons, and shops with consistent daily sales. A merchant cash advance for small businesses is flexible, adapting to the business’s income and making it ideal for businesses with seasonal or variable income.
