Merchant Cash Advance
Many people mistakenly believe that getting a commercial loan from a bank is the only way they can acquire funds. That’s a fine mechanism for larger or more established companies or for those with great credit. But if you are short on collateral or have poor credit, there is another potential solution: a Merchant Cash Advance.
The Merchant Cash Advance program makes repaying your advance incredibly simple: a small, agreed upon percentage of your daily credit and debit card sales is retained to pay back your advance. You simply spend more time focusing on what counts − your business.
Turn your future Visa, MasterCard and debit card sales into immediate cash that you can use for your business today.
Merchant Cash Advance Benefits
- No term
- No fixed payment
- No interest rate
- No personal guarantee
Get Started with Merchant Cash Advance
- Easy application
- 100% approval rate
- $5000 to $250,000
- Receive funds in as little as two days after your application is approved
- Repay the advance automatically using a percentage of your daily credit and debit card sales
- Opportunity to renew your cash advance for additional funds
- You have a Canadian-based business
- You have an active commercial lease
- You accept credit and debit cards
- You have average monthly sales of $5,000+
- You have been in business for at least 6 months
Reach out to speak with one of our consultants and learn how we can help increase your revenue.
The Standard Apparel Group of Companies switched over our payment processing to First Data via Clarity Payment. We were very happy with the smooth transition. Not only did Clarity provide us with excellent service and support but also ensuring all our needs were met with First Data. Clarity continues to provide ongoing valuable support and advice to us as the payment processing industry undergoes rapid change.
