Does your business generate 5 to 7,500k in monthly revenue?…
MCA funding (Merchant Cash Advance), is a family of financing options available to small businesses. MCA Loans – are said to be especially helpful to companies seeking liquidity but that do not have much business credit history or have low credit-ratings. Twenty-Spot Loans can facilitate MCA Loans to entities that submit bank statements with scores as low as 550.
The way MCA funding works is unique because it draws upon a company’s future receivables. For this reason, it is often a very convenient method of borrowing that provides fast capital to businesses in the most opportune amount of time. A Nav.com (2019) article stated that MCA lending is especially advantageous for businesses with seasonal business cycles and unsteady cash flow. This is because the loan payment is not a fixed amount and is not due on a designated day of each month. Instead, it is a percentage of the company’s future earnings.
Since the MCA payment will be flexible, borrowers may find the Nav.com APR Calculator below, (also located at this link (Nav.com Calculator), helps calculate payments and avoid confusion. Twenty-Spot.com helps borrowers with low credit business loans. Fill out the pre-qualification form to obtain your MCA Loan.
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