Specialist Advice
Get funds deposited directly into your business account in as little as 24 hours.
Flexible Structure
Repayment aligns with your business’s daily sales, making it easier to manage.
Personalized Plan
our future sales are your collateral, no additional assets needed.
About Our Personalized Structure
Merchant Cash Advances (MCAs) provide an immediate influx of cash into your business by purchasing a portion of your future sales. Ideal for businesses with high credit card transactions, MCAs offer a flexible repayment structure that aligns with your daily sales. Use the funds from an MCA for any business-related expenses, from inventory purchases to unexpected costs.
Frequently Asked Questions
A Merchant Cash Advance is not technically a business loan. It offers an advance against future sales, based on past debit and credit card sales. It’s an alternative type of business financing that advances a lump-sum payment.
A Merchant Cash Advance is suitable for businesses that have a high volume of credit and debit card transactions. This makes it a good option for retail businesses or restaurants.
Repayment is made by taking a percentage of your daily credit and debit card sales. This means that the amount you pay varies depending on your sales volume.
One of the main benefits of a Merchant Cash Advance is the speed at which you can access funds. Approval can be given in as little as 24 hours, making it a good option for businesses that need quick access to cash.
A Merchant Cash Advance can be used for any business-related expenses, including inventory purchases, equipment upgrades, or unexpected costs. It provides the flexibility to use the funds where your business needs it most.
Qualifications
To qualify for a Merchant Cash Advance from Lecont Lending, your business must have a minimum of $5,000 in monthly credit card sales. Approval amounts range from $5,000 to $500,000, and the repayment period typically ranges from 3 to 18 months, depending on your business’s daily sales.
Grow exponentially with our financial team on your side
Apply for a Merchant Cash Advance today and get the capital you need to take your business to new heights. At Lecont Lending, we make the process fast, simple, and tailored to your unique business needs.