Merchant Cash Advance
Advance against future sales. Funded in 24 hours. Repaid as a small percentage of daily card or ACH receipts — so payments rise and fall with your revenue.
- ✓$25K–$1M advances
- ✓Funded in 24 hours
- ✓FICO 500+ OK
- ✓No collateral
When an MCA is the right tool
Merchant cash advances are designed for revenue-strong businesses that don't fit traditional credit boxes — restaurants, salons, retailers, contractors and trucking operations with strong daily deposits but a bruised FICO or limited tax-return history. Because repayment scales with sales, an MCA breathes with your business instead of demanding a fixed payment on your worst week.
Program highlights
- Advances from $25,000 to $1,000,000
- Funded in 24 hours
- FICO down to 500 accepted
- No collateral, no prepayment penalty
What we underwrite on
We look at 3–6 months of business bank statements and, where applicable, card processing reports. Time in business of 6+ months and $25,000+ in monthly deposits are typical baselines.
Frequently asked questions
- What is a merchant cash advance?
- A merchant cash advance (MCA) is an advance against your business's future credit card or revenue receipts. You receive a lump sum today and repay it as an automatic daily or weekly percentage of incoming sales, so payments scale up and down with your cash flow.
- Can I get a merchant cash advance with bad credit?
- Yes. MCA is one of the few financing products underwritten primarily on business revenue rather than personal credit. Northwood funds MCAs for FICO scores as low as 500 when monthly card or bank-deposit volume supports the advance.
- How fast is funding?
- Most merchant cash advances are approved the same day and funded within 24 hours of signed documents.
- Are there fees or prepayment penalties?
- MCAs use a flat factor rate, not an APR. There is no prepayment penalty — paying early simply means you remit the agreed total faster.
Funded tomorrow, repaid with your sales.
Speak with a Northwood funding specialist today. Most decisions in 24–48 hours.
- ✓ $25K–$5M available
- ✓ Funded in 2–5 business days
- ✓ All credit profiles considered
- ✓ No upfront fees, no prepayment penalties