SCA Funding is a direct funder serving the merchant cash advance industry*. As an alternative, business owners are choosing merchant cash advances as a financing option. A simple concept, merchant cash advances are based on a percentage of future receivables which provide immediate working cash for businesses. As banks continue to reject more small business lending applications, small business owners scramble to secure the working capital they need to maintain smooth business operations. It has become extraordinarily difficult for many small business owners to get traditional loans. This demand has lead the merchant processing industry to experience a dramatic increase in the number of business owners seeking merchant cash advances.
SCA Funding helps small businesses by making funds accessible for any business need within as little as one business day. Unlike obtaining finance through banks, your credit score is not necessarily a determining factor. The paper work is simple and minimal; and you can choose daily, weekly or monthly repayments.
* A Merchant Cash Advance is not a loan. It is an alternative method of providing businesses with working capital through the purchase of the business’s future payment card receivables. Unlike with a loan, that has a payment schedule with fixed amounts and a maturity date, the business makes flexible daily remittances based on a percentage of its actual future payment card receivables.