Overview
What is a
Merchant Cash Advance Loan?
A Merchant Cash Advance isn’t a loan; rather, it’s an advance payment against your future revenue. The amount of funding for which you are eligible is determined by your average monthly sales. In return for funding, you will be obliged to deliver a fixed dollar-value of your future sales. This repayment, in turn, is made by delivering a fixed portion of your future sales, until that dollar-value has been delivered. The uniqueness of this type of funding, compared to other financial products, is that repayments will fluctuate based on the volume of your actual sales.
-
Amounts
$5k to $500k
-
Term
Depends entirely on your revenue flow
-
Approval Speed
As soon as a few hours
-
Funding
As soon as the business day after approval
Qualifications for a Merchant Cash Advance Loan Through Mulligan Funding
Mulligan's Requirements:
- Minimum $120k revenue over past 12 months
- Imperfect or damaged credit? Give us a try
- Simple, online application
- No collateral required
- Fast approval process (as soon as a few hours)
- Very high approval rates
- Payments based on actual sales
Our Competition
Banks' Requirements
- Minimum of 2 years in business
- Perfect business and personal credit
- Extensive loan application
- Extensive hard-asset collateral required
- Long approval process (weeks or months)
- Large lump sum monthly payments, irrespective of actual sales
rov
ed
Take a look
The Ease and Simplicity
of Our Process
01.
Simple Online
Application
02.
Approval as Soon as
a Few Hours
03.
Funding as Soon as the
Business Day After Approval
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Additional
Questions?
For more information, contact one of our friendly and knowledgeable financing experts today. Give us a call today at:
855-326-3564