Cash advance is an easy and quick way to get business advance irrespective of the credit score even if you don’t have a collateral. If you do not qualify for financing at the bank then merchant cash advance is a better option. The basic requirements for opening cash advance are:
1. You need a business license for opening MCA account.
2. If you receive a larger portion of revenue through credit card payments than cash advance can be used as a financing tool.
You can initiate automate withdrawal process for cash advance withdrawals.