Working Capital
Here's how a Merchant Cash Advance works...
You sell us a fixed dollar amount of your future credit and debit card sales at a discount. Through an automated process, we retrieve a fixed percentage from each sale as it is settled. The percentage we retrieve from each sale is fixed for the life of the funding. We get paid when you get paid.
Once approved, you receive a lump sum of cash, immediately!
You can use this cash to:
- Expand your business or add additional locations
- Increase your product line, add seasonal merchandise, meet unexpected expenses
- Purchase New Equipment
- Advertise and promote your business with new marketing programs
- Buy out a partner
- Perform renovations
It is simple to qualify for a Merchant Cash Advance from One West:
- Tell us how long you have been in business.
- Demonstrate a minimum monthly credit card volume of $5,000.00
- Meet a few other qualifying criteria
The benefits of an MCA from One West Financial include:
- No fixed payments
- No fixed timeframe
- No personal collateral is needed
- Completely automated
- We get paid when you get paid
