Advance amounts from $5K - $2M, automatic daily, weekly and monthly payments through your merchant account, 1.08 - 1.25 Factor Fee. A Merchant Cash Advance is a lump sum of capital you repay using a portion of your daily credit card transactions. It’s a quick, easy way to get a business cash advance with no need for collateral, even if you don’t have a great credit score. For businesses that make a big portion of their revenue through credit card payments - if you own a restaurant or a retail store, for example - then you can use a merchant cash advance as a short-term financing tool. It can help with working capital, inventory purchases, debt payments, unexpected payments, and more. While a merchant cash advance is definitely one of the faster financing options out there, it is the most expensive loan on the market. What you need to qualify: If you have little or no collateral, limited business history, or a low credit rating, merchant cash advances could be a solution to your financing problems.