A merchant cash advance is a lump sum payment given to a business by Mascor Capital in exchange for a percentage of future daily credit card and debit card sales.  This form of financing is ideal for retail focused clients and provides a flexible repayment plan as the amount repaid fluctuates with the sales levels that you are experiencing.  You pay less on slow days and more on busy days. 

Your merchant remittances are drawn from credit card and debit card purchases on a daily basis directly from the processor that clears and settles your credit card and debit card payments, until the amount owing has been repaid to Mascor Capital.  

Simply put – merchant cash advances are one of the most flexible financing solutions available to small businesses!

Criteria for Qualification:

• Company has been in business for at least one year
• Company has at least one year left on its lease
• Company must be profitable

A merchant can typically obtain one month’s sales through a merchant cash advance facility and we typically look for a repayment of up to 20% of your sales on a daily basis depending of the terms of the overall deal. 

Our deals are typically structured so that the merchant cash advance is repaid within 3 to 6 months of providing the financing; however, our deal structures are flexible and we can provide you with a repayment term that suits your needs and your business demands. 

Example Scenario:

A business needs $25,000 for leasehold improvements and has typical monthly sales of $35,000.  Their bank has tightened their lending criteria in this uncertain economic environment and cannot provide the loan. 

Mascor Capital provides the company with the needed $25,000 in exchange for a merchant cash advance of $30,000 which will be repaid with a royalty of 17.5% on all future credit card and debit card sales.  In this case the company should repay the merchant cash advance in approximately 5 months; however, this will vary depending on future sales volumes -  if sales slow down the company will take longer to repay and if sales increase the merchant cash advance will be paid off sooner. 

Call us to discuss your business - if you own a business and need financing, we invite you to contact us to discuss your situation and how we might be able to help with your funding needs.