Are you low on cash and need working capital to fund operations quickly? Don't want the fixed monthly payment of a traditional business loan? A Merchant Cash Advance from Pacific working capital is the perfect solution for your business funding needs. A Merchant Cash Advance is an excellent way to access working capital in a "cash-flow friendly" way by making daily remittances.
A Merchant Cash Advance is a type of funding that is not a loan. It is a purchase of a fixed dollar amount of a business's future credit and debit card receivables. The Merchant Cash Advance provider purchases a specified dollar amount of your business's future debit and credit card sales at a discount. Your business, instead of paying one large fixed monthly payment until a set maturity date like a loan, remits a fixed percentage of its daily debit and credit card revenue automatically until the specified amount of purchased receivables is remitted in full to the MCA provider.
Merchant Cash Advances from Pacific Working Capital can be used for any business related expenses, including but not limited to: