How it works
Merchant cash advances are perfect for businesses like shops, cafés, and restaurants that mainly take payments through credit cards or EFTPOS. This is a fast cash boost to help businesses manage their immediate cash needs and swiftly overcome financial hurdles.

A lender buys the right to a portion of a business's future earnings. The business pays back the loan with a part of its future sales, plus a lender's fee. The business gives up a set percentage (usually no more than 20%) of each upcoming sale until the debt is paid off.

Who suits merchant cash advance

• Business taking daily credit card transactions

• Businesses seeking fast funding

• Businesses that don't qualify for traditional loans and are willing to pay higher fees to access the loan.

• Businesses with no valuable assets

Key features:

• Advance amount from $5k to $500k

• 3 to 12 months term

• Easy to qualify