Unsecured Business Loans
MERCHANT CASH ADVANCE (MCA)
Shearson Capital will buy your future credit card payments.
The MCA program is perfect for companies that accept credit or debit cards and need flexible cash now.
Qualifying for a small business loan in today's economy is difficult. However, a Merchant Cash Advance (MCA) is an easy alternative. Banks seem to want to lend to those who don’t really need the money so, Shearson Capital set out to solve this problem. A typical business loan involves many challenges and tough qualifications including excessive paperwork, conservative ratios, low approval rates, collateral, unlimited personal guarantees, fixed monthly payments, and restrictions related to use of funds. Maybe you’re a new company or just had a bankruptcy or foreclosure that’s affecting your access to capital. Well, if you have a strong business, we just may have the solution you need.
By comparison, our Merchant Cash Advance (MCA) offers a streamlined process that provides a simple one page application and immediate access to unsecured funding from $10,000 - $300,000. Shearson Capital offers high approval rates, minimal credit requirements, and a flexible repayment process that is directly tied to your business' sales volume. All of these features provide you with immediate access to working capital funds that you can use for any business purpose
This program differs from our other programs in that it has:
- Amounts up to $300,000
- Terms up to 2 yrs
- Based primarily on your business’ credit card sales
- 1 day out of Bankruptcy
HOW IT WORKS
Shearson Capital will purchase a fixed dollar amount of your business’ future credit and debit card sales at a discount. Think about it; we’ll pay you today for tomorrow’s sales. It’s so easy! Once approved, you'll receive a lump sum of the working capital you need as the purchase price. You will then be all set to use this money for any business need. We don’t restrict your use of capital in your business or threaten call your loan due on annual renewals like the big banks can do. It's not a loan; this is a new and smart way for businesses like yours to get the funds you need today.
Great News: No personal collateral is required. Qualifications are primarily based on the strength of your business. That means things like a business owner's poor personal credit history is not an automatic disqualifier for an MCA from Shearson Capital. In fact, we have programs that allow start-ups to access new capital and even those who are one day out from being discharged from bankruptcy. Compare that to other lenders and financing sources. Plus, we can get the money in your hands in as few as 5 days with very little paperwork.
Best of all, it's a very cash flow friendly solution for your business. Shearson Capital gets paid when your business gets paid. It's that simple. In fact, 85% of our eligible customers renew.
HOW MUCH YOU QUALIFY FOR
Get a FREE quote now and see exactly what you qualify for by filling out our quick form. Our professional representatives our standing by to answer your questions offer a no hassle and no obligation FREE quote to see if a Merchant Cash Advance is right for you!
To find out how much you qualify for, simply complete the online application and provide some basic information. You will receive a free, no obligation quote within 24 hours from a Shearson Capital Account Executive who will review your funding options.
- Location has been in business for at least 6 months
- You process at least $3,000 per month in credit card sales
- Each owner has a 500+ credit score
- Any bankruptcies have been discharged for at least 1 day
DOCUMENTS TO APPLY
Getting started is easy. Based on your funding needs and business situation; our representatives will guide you through the documents you’ll need when applying. Generally we look for:
- 4 to 12 months merchant account statements
- 2 most recent complete business bank statements
- Occasionally, the most recent tax return for larger financing requests
- If previously BK, discharge paperwork
Click here for answers to all of your questions or call us anytime.