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How often can you get a merchant cash advance?

The typical duration of a merchant cash advance is somewhere between 6 and 9 months. The target for most providers is 6 months, but because of unforeseen circumstances such as slowing sales; this can increase the duration to 9 months or more. Don’t worry; there are never any late fees or penalties for taking longer than expected to pay it back.

Most providers have a policy of offering the opportunity for a renewal once you are about 50% paid back. Of course the amount of time depends on how quickly or slowing the advance is being paid back.

Once you have established a good relationship, most providers will offer advances much faster than they had during your first transaction… sometimes within 24 hours. Many businesses use this type of funding for this feature alone.

Free Quote

Use the form on the right to see if you qualify for a merchant cash advance and to see how much you qualify for.

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