Financing With Merchant Cash Advance

Greenbox Capital is an alternative lender that aims to help your small business’ financial needs. We offer flexible repayment methods for our merchant cash advance options to help you receive the cash flow you need in as little as 24 hours.

Find out if you qualify for a Merchant Cash Advance with Greenbox Capital. Apply today!

 

Merchant Cash Advance for Bad Credit

If your business accepts credit cards, you can receive up to $250,000 in a cash deposit in just 24 hours. Known as a Merchant Cash Advance¹ (MCA) or “credit card receivable funding,” the funding is based on an amount of future sales. Enjoy the convenience of automated repayments that you’ll barely notice. On average, business owners averaging a minimum of $7,500 revenue over the past three months can qualify for a Merchant Cash Advance equal to 70–100% of monthly sales. MCA is one of the fastest and easiest business funding solutions for small businesses in need of working capital to fuel growth and secure success.  

Repayment Methods

Choose the Split Funding payment method or ask about Greenbox Capital’s preferred merchant services providers if your credit card processor is not already part of the Greenbox Capital network.

  • Cash advances as much as $250,000
  • Low credit scores considered
  • No collateral needed
  • Lump sum funding as fast as 24 hours
  • Automatic repayment
  • Set or variable payments available
  • No hidden fees

Greenbox Capital is a non-bank, alternative lender with the goal of helping small businesses succeed. Our Merchant Cash Advance approval process caters to the financial circumstances typical of small businesses. Unlike banks, Greenbox Capital doesn’t base approval solely on credit scores. We can even approve cash advances as little as $5,000. Businesses in operation at least 6 months with strong cash flow and demonstrated potential to succeed can get approved for a Merchant Cash Advance. Apply now and enjoy peace of mind knowing that repayment is based on future sales.

Flexible Repayment Methods

Because no two businesses are alike, Greenbox Capital offers flexible repayment methods for Merchant Cash Advance. Choose Automated Clearing House (ACH) or split funding. Greenbox Capital funding advisors work with small-business clients to determine what payback type is best to maintain business cash flow and jump-start growth.

Fixed ACH payments are automatically deducted from your business bank account on a daily or weekly basis. If you’re confident about your company’s cash flow, this is an ideal repayment solution for you. After you’ve paid off at least 50% of your advance, we can renew your advance to release more cash to you. We can also offer business lines of credit, which enable business owners to withdraw less than the full cash advance approval amount. With a business line of credit, renewals are possible without first having to repay 50% of the original funded amount, as needed so long as the business health remains unchanged or improves.

Leverage Future Sales for Cash in Hand Now

merchant cash advance

Split Funding

Although a Merchant Cash Advance provides companies with capital, merchants with seasonal businesses or fluctuating sales, may prefer a non-fixed daily or weekly payment based on a percentage of credit card volume. The fixed percentage is called the holdback percentage. This option, referred to as Split Funding, requires little effort on the business owner’s part. Payments are directly deducted from credit card receipts by the business owner’s merchant processor until we have received the repayment amount. Seasonal business owners appreciate that a Merchant Cash Advance does not have an interest rate and repayments are in sync with the ebbs and flows of sales, helping ensure that the financing feels affordable.

Special Greenbox Capital Programs

3 Stip Business Cash Advance

  • Requires voided check, driver’s license, and bank account verification via decision logic or screen share
  • Up to $30,000 advanced
  • In business 2+ years
  • No NSFs, overdrafts, or negative days
  • No businesses with large lease payments
  • No retail businesses
  • Established business background
  • No negative information found regarding the business or its principals

Escrow Program: Merchants can get funded prior to paying off existing cash advance with another lender

Early Pay-off Program: Pay off your loan 30, 60, or 90 days after you receive funding to get a discount. You can receive a factor rate reduction for every 30 days the advance is paid early.

¹Greenbox Capital Merchant Cash Advances may not be available in all regions of the United States or Canada.

To see if you’re eligible for a merchant cash advance, please complete our application, or contact our Merchant Account Service Team.