MCA | Merchant Cash Advance Loans.

Fast Access to the Capital You Need!

Do you need quick access to capital to boost your business? A Merchant Cash Advance (MCA) is a fast, flexible and hassle-free alternative to a traditional bank loan. Through our partnership with the leaders in this field we can quickly deliver an advance of up to $150,000 per location.

At NTC we work with companies of all kinds right across the US and Canada. We've come to view cash as the life-blood of any business. And we know that traditional bank loans often fail to meet the needs of companies requiring fast access to cash. It's our aim to provide multiple, flexible financial solutions that fuel growth, expansion and success.

Businesses typically require capital to:
- Renovate premises
- Fund expansion
- Invest in technology
- Buy new equipment
- Increase inventory levels
- Fund marketing and advertising
- And much more...

A Merchant Cash Advance (MCA) provides the very best alternative for businesses whose needs are simply not met by a traditional bank loan.

How Does an MCA Work?

An MCA is not a loan. At no stage are you lent money and at no stage do you repay.

Instead an MCA is an agreement whereby you (the merchant) sell us a fixed amount of your business’ future credit and debit card receivables. You sell this at a discount and in exchange you benefit from quick and simple access to an upfront cash advance. We assess your application and the level of your card receivables to calculate how much we can advance you:
- An advance can be as much as $150,000 per location.
- As a rough guide the level of funding offered is often approximately equal to the value of your monthly credit/debit card sales.

On approval the advance is swiftly transferred into your company's checking account. You can invest this cash to boost your business and fuel future growth or use it to meet a pressing need for funds.

Going forward we will deduct the agreed percentage of your company's credit/debit card sales. This process is fully automatic and happens as each batch of your card sales is settled. This approach frees you from the responsibility of managing the repayments on a bank loan.

Unlike a loan you are not tied to paying a fixed monthly amount - you only ever pay the agreed percentage of your receivables. If your business is successful and earns more through card payments then you pay more. But if times get tough you're free from the burden of meeting a fixed payment amount.

Nor are you forced to pay within a fixed timeframe as with a loan. We will simply continue to deduct our agreed percentage from your card sales until we have collected the total sum of the card sales you sold to us. Dependent on your card sales volume this typically takes less than 12 months.

What Other Advantages Are There?

We believe that there are countless benefits of using an MCA to access capital:
- Fast access to the funds you need to build or consolidate your business' position.
- The application process is fast, simple and transparent.
- You don't take on debt - you only agree to pass on a percentage of your future card transactions.
- Your eligibility is mainly based on your estimated future card transactions.
- MCAs are a popular solution and 3/4 of our partner company's customers return for a further advance/s!

We Work Hard to Make Our Advances Available to as Many Clients as Possible!

We appreciate that access to capital can be the difference between success and failure.

The qualifying criteria are very different to those for a conventional bank loan. If poor personal credit or similar circumstances have seen you refused a loan in the past an MCA could be a great alternative.

We will assess your application based on several factors: - We are primarily interested to see that your business will earn sufficient income through future card payments. - We ideally work with companies that have been owned and operated from the same location for 12+ months. - We are unfortunately unable to offer an MCA to certain companies including: Adult entertainment/sex industry companies, companies with outstanding bankruptcies/large tax liens, online only companies (no physical location).

Why Not Just Go to the Banks?

A traditional bank loan is a tried and tested method of raising capital for business needs - but MCAs are by no means new. These financial products have been available since the late 1990s and have allowed countless businesses to access the capital they need. Let's look at a few reasons why many entrepreneurs prefer an MCA to fund expansion and growth...

1) Poor Personal Credit

Your personal credit history has a heavy influence on your company's ability to secure finance from the banks. An MCA is not a loan so less emphasis is placed on your personal credit. We're mainly interested to see that your future earnings through credit/debit card transactions are likely to be at an acceptable level.

2) An Urgent Need for Cash

Bank loans can sometimes take weeks to receive final approval while with an MCA the funds are typically available within 7 days (and sometimes in as little as 72 hours).

3) A Preference for Simplicity

Applying for a bank loan can consume hours of an entrepreneur's valuable time. The paperwork involved with a MCA application is typically far simpler and quicker to complete. We know that less time form-filling = more time doing what you do best... running your business.

4) Future Payments are Based on Your Earnings

A traditional loan comes with fixed repayment dates and heavy penalties for defaults.

An MCA is a flexible solution where an agreed percentage is drawn from your future card payment receipts. This way you'll pay back more when you can afford to and less during lean spells.

5) The Need for a Flexible Assessment

The banks apply rigid and inflexible criteria that disqualify many solvent and well-run companies from accessing funds. The primary qualifier for an MCA is your business' projected future card receipts.

Is My Home at Risk With an MCA?

An MCA is not a loan and it is not secured against your personal assets.

Provided you have fully adhered to the terms of the MCA contract you will not be held personally liable for any future payments. We believe this makes an advance a highly attractive option for prudent business owners and entrepreneurs who prefer to separate their business and personal wealth.

Why Choose Us?

At NTC we are proud to be an established, reputable and approachable company with a great reputation for providing varied solutions for merchants of all sizes. We pride ourselves on delivering a service that is both friendly and professional. Our team is always on hand to assist and guide you through the process of selecting and applying for any of our products or services. Contact us today for more information or apply now if you're ready to proceed. We look forward to working with you.

• National Transaction Corporation
• April , 2024 | 2024-04-19