How MCA Lending Works
When you contact ICS and submit an MCA application, this is the process our team goes through to determine your advance options.
- Associates review your financials, including average monthly credit card receipts
- Those receipts are used to calculate a maximum reasonable advance size to make available
- Each month, the payment is a percentage of your receipts
- When business booms, you repay your advance faster
How To Use a Merchant Cash Advance
There are optimum uses for any financing product. For the MCA, your best return on the investment will come when you use it to
get ready for a high demand period where you can sell more than usual as long as you keep your business ready. Whether that means buying inventory, adding staff,
or even renovating your branding appeal to meet the needs of a changing neighborhood, the MCA can help you do it. Contact us today to start an application
Get Working Capital From Your Merchant Account
Wouldn’t it be great if you could use your incoming credit receipts like the invoice assets they are?
Unfortunately, most of the time your payment hits the merchant account and goes to your
regular bank before you can finance them. That’s why the MCA exists. The merchant cash advance gives you an
option that lets you finance your merchant account as an asset with a unique
method that fits it better than financing options aimed at other business structures.