The Difference Between MCA and BCA
Many web searches today for small business finance will bring up several different options. Two of those options are Merchant Cash Advances and Business Cash Advances.
A Merchant Cash Advance is simply selling a portion of your future credit card sales for capital needed today. This capital can be used for any purpose and most types of businesses are eligible to apply. A Merchant Cash Advance professional can help you determine if this type of finance is right for you.
A Business cash advance is pretty mush just another way of saying the same thing however at Merchant Cash Advance America we have been able to expand that a little.
When you think of Merchants you typically think of businesses like your local Flower Shop, Meat Market, Convenience store etc. And for the most part these businesses accept credit cards, making it a no brainer for a Business Cash Advance.
MCAA takes it one step further and allows businesses that do not accept credit cards to also apply. In the same way Merchants are selling a portion of their future credit card processing sales a Business that currently does not accept credit cards can sell a portion of their sales. In this case we look at the business bank deposits, calculate a portion of those sales and make an advance offer based on those numbers. It's pretty much the same but it opens up Cash Advances to companies that were previously unable to apply for this type of finance.
If you are interested in a Cash Advance or simply have more questions please feel free to contact us at any time. You can be eligible for up to $250,000 in as little as 72 hours.
Merchant Cash Advance America
A Quantum Merchant Services Company
Rob Olson, President
1-888-881-0657 EXT 707
7300 Hudson Blvd
Oakdale, MN 55128
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