{"id":401,"date":"2022-12-05T17:36:12","date_gmt":"2022-12-05T17:36:12","guid":{"rendered":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/?p=401"},"modified":"2023-08-02T17:12:02","modified_gmt":"2023-08-02T17:12:02","slug":"common-questions-about-mca-financing","status":"publish","type":"post","link":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2022\/12\/05\/common-questions-about-mca-financing\/","title":{"rendered":"Common Questions About MCA Financing"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"401\" class=\"elementor elementor-401\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-89c0066 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"89c0066\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-78e109d5\" data-id=\"78e109d5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29b96345 elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"29b96345\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\"><link rel=\"stylesheet\" href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-theme-elements.min.css\">\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-0534959 elementor-inline-item\" itemprop=\"commentCount\">\n\t\t\t\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2022\/12\/05\/common-questions-about-mca-financing\/#respond\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-folder\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-comments\">\n\t\t\t\t\t\t\t\t\t\tNo Comments\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11ab20dc elementor-widget elementor-widget-heading\" data-id=\"11ab20dc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 13-09-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Common Questions About MCA Financing<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-335263da elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"335263da\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-43305e55\" data-id=\"43305e55\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-446cdb8e elementor-widget elementor-widget-heading\" data-id=\"446cdb8e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Latest Article<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63bf8d97 elementor-grid-1 elementor-grid-tablet-1 elementor-posts--thumbnail-none elementor-grid-mobile-1 elementor-widget elementor-widget-posts\" data-id=\"63bf8d97\" data-element_type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;1&quot;,&quot;classic_columns_tablet&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-posts.min.css\">\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1975 post type-post status-publish format-standard hentry category-uncategorized\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2023\/09\/08\/investing-in-real-estate-for-a-secure-retirement-portfolio\/\" >\n\t\t\t\tInvesting in Real Estate for a Secure Retirement Portfolio\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tSeptember 8, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1835 post type-post status-publish format-standard hentry category-uncategorized\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2023\/08\/07\/the-benefits-of-equipment-leasing-for-small-businesses\/\" >\n\t\t\t\tThe Benefits of Equipment Leasing for Small Businesses\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tAugust 7, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-1310 post type-post status-publish format-standard hentry category-uncategorized\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2023\/07\/27\/the-benefits-of-investing-in-real-estate-in-a-sellers-market\/\" >\n\t\t\t\tThe Benefits of Investing in Real Estate in a Seller\u2019s Market\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJuly 27, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-909 post type-post status-publish format-standard hentry category-uncategorized\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2023\/07\/03\/the-advantages-and-disadvantages-of-accounts-receivable-financing\/\" >\n\t\t\t\tThe Advantages and Disadvantages of Accounts Receivable Financing\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJuly 3, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-508 post type-post status-publish format-standard hentry category-uncategorized\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2023\/06\/05\/investing-in-different-types-of-commercial-real-estate\/\" >\n\t\t\t\tInvesting in Different Types of Commercial Real Estate\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 5, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-500 post type-post status-publish format-standard hentry category-uncategorized\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/2023\/05\/30\/the-ins-and-outs-of-commercial-real-estate-loans-a-guide-for-investors\/\" >\n\t\t\t\tThe Ins and Outs of Commercial Real Estate Loans: A Guide for Investors\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMay 30, 2023\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\n\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-4aac47b0\" data-id=\"4aac47b0\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-437d4a5d elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"437d4a5d\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-cd497ae elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/author\/trichelle-hardy\/\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t<span class=\"elementor-post-info__item-prefix\">Written by<\/span>\n\t\t\t\t\t\t\t\t\t\tTrichelle Hardy\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-43f4b6b elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t<span class=\"elementor-post-info__item-prefix\">Publish on<\/span>\n\t\t\t\t\t\t\t\t\t\tMay 30, 2023\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1650a0 elementor-widget elementor-widget-text-editor\" data-id=\"e1650a0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 13-09-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\tA merchant cash advance, also known as MCA financing, is a way for businesses to get working capital loans quickly. This type of \u201cloan\u201d is flexible and easy to use. Like all financing options, there are pros and cons that you need to know about. The purpose of this article is to answer FAQs about MCA financing so you can decide if it\u2019s a good fit for your business.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2e2dd7 elementor-widget elementor-widget-heading\" data-id=\"c2e2dd7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How Does a Merchant Cash Advance Work?\n\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc627af elementor-widget elementor-widget-text-editor\" data-id=\"cc627af\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tThere are several types of MCA financing, but most work similarly. Generally, you receive an advance of working capital that is based on your business\u2019s credit card transactions. That\u2019s why this type of financing has the word \u201cmerchant\u201d in its name. You need a merchant account to use it.\n<br><\/br>\nPut simply, every time your customers pay you via a credit card, those funds are processed by your merchant account. When you have a lot of customers that use this method of payment, the amount of money passing through your merchant account may be substantial.\n<br><\/br>\nWhat the lender does is calculate your average monthly credit card transactions. This provides a good indication of how much money the lender can safely advance you. The more credit card transactions you process on average, the larger the advance you can qualify for.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da9e06b elementor-widget elementor-widget-heading\" data-id=\"da9e06b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What Is MCA Financing?\n\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed952af elementor-widget elementor-widget-text-editor\" data-id=\"ed952af\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tTechnically, MCA financing isn\u2019t a loan. You don\u2019t have to remember to make monthly payments \u2014 at least not in the traditional sense. Instead, this lending arrangement gives you capital upfront and then slowly deducts the value of the advance from your future credit card sales. This happens automatically, and it\u2019s always percentage-based.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cec795c elementor-widget elementor-widget-heading\" data-id=\"cec795c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How Are Payments Made?\n\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd17206 elementor-widget elementor-widget-text-editor\" data-id=\"bd17206\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tImagine that you sell $10,000 worth of goods to business customers every month that pay with a credit card. You need to purchase inventory and turn to MCA financing. You apply for a \u201cloan\u201d of $5,000. The lender comes to an agreement with you for a fixed percentage that will be deducted every month to pay back the month. Let\u2019s use 5% just as an example.\n<br><\/br>\nThat 5% would be applied to your total credit card sales for the month. That\u2019s a good thing for your business. If you sell a lot more than usual, like $15,000, the lender will deduct about $750 that month.\n<br><\/br>\nWhat if you have a bad month, maybe only selling $5,000? You\u2019re OK. The lender will just deduct the same 5%, or about $250. This means you don\u2019t have to worry about late fees.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Latest Article A merchant cash advance, also known as MCA financing, is a way for businesses to get working capital loans quickly. This type of<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-401","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/posts\/401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/comments?post=401"}],"version-history":[{"count":10,"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/posts\/401\/revisions"}],"predecessor-version":[{"id":1327,"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/posts\/401\/revisions\/1327"}],"wp:attachment":[{"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/media?parent=401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/categories?post=401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hostedbyexpresso.com\/clients\/prmcapital\/wp-json\/wp\/v2\/tags?post=401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}