PPP Has Been Instrumental for Many Businesses, but Do You Need Help Filling the Gaps?
The Paycheck Protection Program (PPP) and similar government programs have been a lifeline for many businesses throughout the course of COVID-19. These programs have helped millions of businesses keep workers on their payroll, even when operations were stalled or halted altogether.
However, the PPP is not an exhaustive program, and it was not designed to help with business needs outside of payroll. That’s why we feel that our product, the Merchant Cash Advance, is an excellent supplement to the PPP.
Merchant Cash Advance (MCA) is an alternative finance product geared toward helping small businesses tend to any of their urgent needs – whether that’s paying rent, replacing broken equipment, paying taxes, etc. The best part? There are no parameters or restrictions on how you use the funds.
PPP | MCA |
Mortgage Interest | Mortgage Interest |
Payroll | Payroll |
Rent | Rent |
Utilities | Utilities |
| Purchasing Assets/Inventory |
| Paying Taxes |
| New Technologies |
| Marketing |
| Equipment Repairs/Replacements |
| And so much more! |
An MCA is not a loan – it’s simply a way to get access to your future sales immediately. The application process is simple and quick, and we are able to fund companies in as little as 24 hours.
To qualify for funding, you just have to meet these 4 criteria:
- Owned and operated in the U.S.
- In business for at least 3 months.
- No open bankruptcies.
- At least $10,000 per month in bank deposits OR $7,000 in credit card processing.
You want to take back control of the ship, and we want to help you make that happen. If you need additional assistance on top of your government loan, send us an email today!
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Revenue-Based Finance is formerly and alternatively known as Merchant Cash Advance, or MCA.
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