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What is a Merchant Cash Advance or MCA?

A real alternative to traditional business finance, a Merchant Cash Advance is designed to match the cash flow of your business.

If your company has fluctuating cash flow, no problem – our Merchant Cash Advance or MCA adjusts to meet the daily needs of your business finances.

Rather than fixed daily repayments, a small percentage of your credit card and EFTPOS terminal sales is repaid daily for the term of your Cash Advance.

Capify provides businesses with the flexibility to make lower repayments during slower periods, better managing business finances.

Unlike a bank, the Merchant Cash Advance requires minimum paperwork and is an unsecured cash advance. Apply here!

Once approved, the funds are in your account in 24 hours, not weeks or months.

A Merchant Cash Advance is right for you if;

  • Your business accepts credit card or EFTPOS machine sales
  • Your looking to avoid a steep payment at the end of the month
  • Your business sales can fluctuate, so you want to pay as you go
  • Your looking for a fast and straightforward business finance solution
  • Your looking to:

Electronic funds transfer at point of sale is an electronic payment system involving electronic … In Australia, debit and credit cards are the most common non-cash payment It is also important to consider this type of payment methods with your business.

Keeping up with your customer’s payment preferences and if you are meeting their needs. But most importantly your cashflow. Hence , Capify Merchant Cash Advance or MCA terminal advance is an important aspect of ensuring you manage the cash flow of your business effectively. If you have any question go to our customer help center or FAQ’s.

merchant cash advance (MCA) is a lump sum payment to a qualified small business in exchange for an percentage of future credit card and/or debit card sales. The MCA advance payment methods you choose will also determine the facilities your business will need.

Our mission is to help small businesses by providing simple, quick and responsible access to business funds

Capify was born out of the desire to offer small businesses an alternative and accessible lending option. Proudly we were the first to do so in Australia. With 10+ years of local experience providing small business loans working capital globally, Capify is Australia’s most experienced alternative lender to small business.

With a customer-centric focus on service and simplicity; our vision is to support Australian businesses with tailored financial solutions. With our philosophy, we work together to create the most flexible and accessible commercial business loans for our clients. This allows us to streamline our internal processes passing on time and cost savings to you.

Capify is Australia’s Leading unsecured small business lender and you can easily find us on Finder.com.au, Canstar, Mozo, InfoChoice, and other financial comparison websites.

 

We have business-friendly staff

We ensure our staff have a comprehensive knowledge of the Australian SME market and can truly understand your business needs, aspirations and need for finance. Our small business lending consultants will guide you through the entire small business loan process from initial quotation to funding.

Mozo says “With more than 10 years of experience, Capify has been helping Australia’s small business owners reach new heights with their tailored funding solutions. The lender provides unsecured business loans which are flexible and accessible, and its simple application process makes getting funding a breeze”.

 

Our unsecured business loan funding products work for you

We have a number of repayment solutions all of which we tailor to suit your individual business activities and cash flow. We work with you to construct a repayment structure which will minimise the impact on your business cash flow. We’re proud of the customised solutions we design with our customers and we see them renew their small business loans time and time again with us.

Australia’s biggest financial services comparison website Canstar says

Take a look at some of our customers lending’ success stories and how we’ve partnered with them to make their dreams and aspirations a reality.

Merchant Cash Advance (MCA) Features

  • Easy on cash flow
    Variable daily repayments to maintain steady business finances
  • Short term
    3 to 12 months
  • Unsecured cash advance
    No security required
  • Minimum paperwork (low doc loan)
    No financials, tax returns or BAS for loans under $75,000 in most cases
  • Quick approvals
    Same Day Approvals
  • Repayments
    Small daily direct debit
  • Fund amount
    $5,000 to $300,000
  • Renewals
    Fast and simple renewal process
Apply Now for Merchant Cash Advanca MCA

Or call 1300 760 930

Does my business qualify for a Merchant Cash Advance or MCA?

  • The business has been operating for 6 months
  • Have 6 months of financial data from your accounting package or bank statements.
  • Registered for GST, have a valid ABN/ACN and turnover at least $120k per year
  • Minimum $10,000 a month in gross sales
  • You have proof of business ownership
  • You’ll also have to be a permanent Australia resident and to be at least 18 years of age.

A  Capify merchant cash advance or MCA account is the new normal for most businesses today.  Especially online businesses that accept payments by credit and debit cards via any branded card terminals at the point of sale and online payment gateways.

Branded terminals such as: Tyro, Commonwealth Bank, ANZ, NAB, St George, Suncorp, and others.

Consumers expect to be able to pay by card, it’s considered a safe and convenient payment method.

In 2019 Australians used cards to pay for 72% of goods and services, up from 86% in 2027.

  1. Credit and debit card payments – a credit card lets customers pay for goods and services by incurring a debt with a credit card provider. Debit cards deduct the amount of money from a sale from a customer’s bank account. Cards used for credit can be turn to a way to fund your business.
  2. Direct debit payments – becoming a direct debit user requires already having an established business. Direct payments are fast and funds are usually in your account by 9am the next business day. The Australian Payments Clearing Association (APCA) coordinates direct debit payments in Australia. Be aware of fees to process direct debit payments.
  3. EFTPOS payments – EFTPOS stands for electronic funds transfer at the point of sale. It lets your customers pay directly into your bank account via a bankcard, credit card or debit card. Read all about electronic payment systems on the ATO website.

 

 

Apply anytime, anywhere

  • No application fee
  • No obligation
  • See how much you qualify for

Still have questions?

See our FAQs

Chances are someone else has had the same question and the answer will be in our FAQs.

Call us

Call us between
8:00am – 6:00pm (AEST) Monday – Friday

1300 760 930

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