Smart Funding, Real Results
Merchant Cash Advance:
At Pinks Asset Finance, we understand Merchant Cash Advance loans and that traditional loans aren’t always the perfect fit for every business. That’s why we offer Merchant Cash Advances (MCAs) – a flexible financing solution that aligns with your daily card sales, providing you with the capital you need without the constraints of conventional lending.
What Is a Merchant Cash Advance?
A Merchant Cash Advance is a type of unsecured, short-term business financing. Instead of fixed monthly repayments, you repay the advance through a percentage of your daily card sales.
This means repayments flex with your revenue – higher on busy days, lower when things are quieter.
Traditional Bank Loans
Why Choose a Merchant Cash Advance?
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Speedy Access to Funds:
Once approved, funds can be in your account within 48 hours.
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Flexible Repayments:
Repayments adjust based on your daily card sales, easing pressure during slower periods.
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No Collateral Required:
MCAs are unsecured, so you don't need to put up assets as security.
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Simple Application Process:
Minimal paperwork and quick decisions make MCAs accessible, even for businesses with less-than-perfect credit.
How does it work?
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Apply:
Provide recent financial statements and card processing history.
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Assessment:
We'll evaluate your eligibility, typically offering advances between 100% and 120% of your monthly card sales.
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Funding:
Upon approval, receive funds directly into your account.
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Repayment:
A fixed percentage of your daily card sales automatically goes towards repaying the advance.
