When a business needs financial support the options may be limited, however so there are viable options such as a Merchant Cash Advance. A Merchant Cash Advance (MCA) facility will give the business borrowers working capital and resources upfront in a fixed amount of cash. When determining the funding amount a few baseline variables are considered. It will relate to a percentage of the businesses credit card receivables using historical credit card receipts and bank statements to determine the initial cash advance. The business then applies that financing as it sees fit and will start to pay back the advance, plus a percentage, often referred to as a discount factor, from a portion of their credit card receivables. The remittances are drawn from the business customer on a daily, weekly or monthly basis until the obligation has been met. While it gives the benefits of a loan through a much faster process, the MCA is not technically such, but rather leveraging the advance on future credit card sales.
Here at Silver Tree Capital we understand how difficult it may be for a small and medium sized businesses to raise capital especially under the current economic conditions. Silver Tree Capital offers a custom tailored plan and product designed solely for individual clients. We know that no two businesses are alike so how could we expect to do the same for all, right? We focus on the client’s needs with an eye toward improving the business's overall financial health.
Small business owners are busy people. Organizing a funding application is a tedious process and can take weeks; getting approved, well that’s another story. While awaiting a decision, you’re not moving your business forward, which we think is the most important thing an owner can do. Our goal is to make the process as streamlined and easy as possible for you.
Having working capital and general purpose funds on hand to cover day to day operating expenses is critical. While many business owners need capital for specific items or projects, some don’t. Instead of defining a specific capital need, a working capital financing is intended to be versatile and nonspecific.
We work with you to get fast money for your business without the costly fees and strict qualifications of bank loans. You'll get the cash you need, quickly and easily - with the lowest factor rates in the industry. It's ideal for restaurants, bars, auto shops, beauty salons, retail stores, and just about any other type of small business.