Get a merchant cash advance based on your business revenue — not just your credit score. Apply once, let lenders compete, and receive offers in as little as 24 hours.
Check My Eligibility →A merchant cash advance (MCA) is a lump sum of capital given to a business in exchange for a percentage of its future revenue. Instead of fixed monthly loan payments, the provider recoups the advance through an agreed percentage of your daily credit card sales or bank deposits. When sales are slow, your deduction is lower. When sales are strong, you pay back faster.
MCAs are structured around your business cash flow, not a rigid repayment schedule. That makes them one of the most accessible forms of business cash advance funding for companies that need working capital quickly — restaurants, retail stores, salons, contractors, trucking companies and e-commerce sellers — especially when a traditional loan isn't an option.
Through BidMyCapital, one application is shared with 50+ vetted MCA and business lending partners. Lenders compete for your business, so you see what a competitive merchant cash advance offer actually looks like — without applying bank by bank.
Tell us about your business — revenue, time in business and what you're funding. Takes about 2 minutes. No hard credit pull.
Your profile goes to MCA lenders and funders in our network. They submit cash advance offers with their best terms.
Review competing offers side by side. Choose the one that works for you. No obligation if you walk away.
MCAs don't use an interest rate in the traditional sense. The cost is expressed as a factor rate — typically between 1.1 and 1.5 — multiplied by the amount you receive. For a $50,000 advance at a 1.3 factor rate, you repay $65,000. The provider keeps an agreed percentage of your daily sales (often 10–25%) until the balance is cleared.
| Feature | Merchant Cash Advance | Business Term Loan |
|---|---|---|
| How you repay | % of daily sales / bank deposits | Fixed monthly payments |
| Typical speed | Funding in 24–72 hours | Several days to weeks |
| Credit requirement | Revenue-driven; bad credit OK | Good credit usually required |
| Cost structure | Factor rate, typically 1.1–1.5 | APR, typically 8–30%+ |
| Collateral | Future revenue | Often required |
| Best for | Fast cash, variable sales | Large amounts, lower cost |
Because repayment flexes with your daily revenue, an MCA can be a sensible fit for seasonal or high-volume businesses. If you qualify for a term loan or line of credit it may be cheaper overall — which is why BidMyCapital lets you compare MCA vs term loan offers from one application instead of guessing.
Qualifying for a merchant cash advance is driven by your business revenue and bank activity, not your personal credit score. Many of our lender partners work with owners whose credit is below 600 — including those who have been turned down by banks. The typical requirements are:
Some partners accept 6+ months for strong revenue businesses.
Higher monthly deposits generally mean larger advances.
3–6 months of recent statements are typically requested.
Check your eligibility with no impact on your credit score.
A merchant cash advance can be used for almost any business need — inventory, payroll, equipment, renovations, marketing or bridging a cash flow gap. If you're exploring business loans for bad credit or same day business funding, an MCA is one of the fastest routes to cash in hand.
MCA funding can land in your bank account within 24 to 72 hours — far faster than most traditional loans.
Qualification follows your sales, so lower credit scores don't automatically disqualify you.
Payments scale with your daily revenue instead of being a fixed monthly obligation.
Factor rates can make an MCA significantly more expensive than a term loan over the same period.
Repayment is usually taken daily from sales or bank deposits, which takes planning for.
The payoff timeline floats with sales, making the true cost harder to forecast than a fixed loan.
A merchant cash advance is a lump sum of capital provided to a business in exchange for a percentage of future revenue. Repayment is collected as an agreed share of daily sales or bank deposits, so it flexes with your cash flow instead of being a fixed monthly payment.
Many MCA lenders can fund within 24 to 72 hours of approval. Because BidMyCapital sends your single application to multiple competing lenders at once, you can often move from application to funded cash even faster.
Yes. MCA qualification is primarily based on business revenue and bank activity rather than personal credit. Many lenders work with owners scoring below 600, and checking your eligibility causes no credit impact.
MCAs use a factor rate — typically 1.1 to 1.5 — applied to the advance amount. On a $50,000 advance at 1.3 you would repay $65,000. The faster your daily sales clear the balance, the shorter the repayment period.
A term loan uses fixed monthly payments and a defined term. An MCA withholds a percentage of daily sales until the advance is repaid. MCAs are faster and easier to qualify for; term loans are often cheaper when you can meet their requirements.
Advances typically range from $5,000 to $500,000, driven mainly by your average monthly revenue, time in business and recent bank statement volume.