Merchant Cash Advance

Does your business provide credit and debit transactions?

Do you need cash to grow your business?
Is your business currently facing a cash-flow problem?
Do you need money for inventory?
Do you need money for renovations or expansions?

Loans Canada can help.

A Merchant Cash Advance is a fast and easy alternative to a traditional bank loan. The way it works is very simple. We give you a cash advance based on your monthly credit & debit card processing within 3 to 7 days of being approved. The way you repay is even easier; its through a small percentage of your card transactions called a retrieval rate. It is a fixed %, not a fixed dollar amount, so repayment is flexible and in line with your sales. It is collateral free financing.

How it works

Usually when looking for financing business owners go to their local banks where they are bombarded with complicated rules, terms of agreement and credit score requirements. Loans Canada simplifies the process by analyzing only your customer base to estimate current and expected sales.

What are the requirements for a Merchant Cash Advance?

  • You currently own a store front business such as a restaurant, retail store, auto service station or similar
  • You accept either Visa, MasterCard, Amex or Debit
  • Process a minimum of $15,000 per month in combined Visa, MasterCard and debit sales
  • Have a minimum of 6 full months of processing history
  • Have no bankruptcies in the last 24 months

You don’t need collateral: repayment is automated based on credit and debit transactions. Since your cash advance is repaid directly by debit and credit transactions you benefit from a fixed and stable repayment plan.

Get the cash you need in just days: We know you provide excellent customer service to your clients and we know how important it is for you to find the financing you need fast. Our application and approval process are extremely simple and we can get you the cash you need for your business just days after you apply.

Please take a look at the wide variety of industries where we can help:

  • Automotive
  • Beauty-Salon
  • Communications
  • Dry Cleaner
  • Florist
  • Gas Station
  • Home Based
  • Internet Only
  • Real Estate
  • Retail
  • Specialty
  • Transportation
  • Bar or Nightclub
  • Construction
  • Distributor
  • Entertainment
  • Furniture
  • Health Care
  • Import/Export
  • Manufacturer
  • Restaurant
  • Services
  • Technology
  • Mobile Phone Dealers
  • Loans for Doctors
  • Hotel and Motel Loans
  • Loans of Liquor Stores
  • Dental Practice Financing
  • Financing for Salons
  • Loans for Attorneys and Lawyers
  • Financing for Insurance Agents
  • Financing for CPAs
  • Veterinaries
  • Wholesaler

All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster.

Loans Canada and its partners will never ask you for an upfront deposit, upfront fees or upfront insurance payments on a loan. To protect yourself, read more on this topic by visiting our page on loan scams.