Merchant Cash Advance Financing Options | Fora Financial

Grow Your Business with a Merchant Cash Advance

Fora Financial can approve merchant cash advances up to $750,000 in as little as 72 hours from approval.

When you receive merchant funding, you get a lump sum advance, and in turn remit a percentage of your business's credit card transactions. Therefore, the remittance timeline is tailored to the flow of your business’s sales.
At Fora Financial, we don’t restrict how you use your merchant advance. While your business may benefit from financing for new equipment, another business may need it for payroll. We provide the merchant funding, and you determine how to use it.
From completing your financing application to receiving a merchant cash advance loan, we’ll be there to assist you. If you have any questions, our Customer Support team is available to help. We're dedicated to helping your business succeed!

Learn About Our Merchant Cash Advances

Fora Financial’s merchant funding product is suitable for businesses that accept credit card processing. Watch our video to learn more about how merchant cash advances work.

How Your Business Can Grow with Merchant Funding

Benefits of a Business Cash Advance:

  • Remittance based on business’s credit and debit card sales
  • No set terms
  • Early payoff discounts
  • No restrictions on use
  • No collateral required
  • Free, no obligation quote
  • Working capital from $5K – $750K

Merchant Cash Advances Are Perfect For These Industries:

  • Services
  • Restaurants
  • Retail
  • Medical/Healthcare
  • Auto

How to Utilize Your Merchant Cash Advance:

  • Fill Inventory Orders
  • Upgrade Equipment
  • Recruit New Employees
  • Start a Renovation Project
  • Pay for Marketing Developments
  • Invest in New Technologies
  • Expand Your Business
  • Have Cash for Payroll
  • Short Term Expenses
  • Improved Cash Flow

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How to Apply for Merchant Funding

We require a one-page application and three months of credit card statements. Once submitted, you'll receive your approval status within 24 hours.
Merchant funding is the purchase of your business’s future credit card receivables. After your application is approved, we supply the cash advance, which comes with no set terms.
Once you receive your merchant cash advance, the remittance is a percentage of your credit card transactions. Therefore, the amount of sales you make will determine the length of time it will take you to repay the advance.

Merchant Funding Requirements*

  • At least 6 months in business
  • $5,000 minimum in credit card sales
  • No open bankruptcies

Get Started

*Meeting minimum requirements does not guarantee funding.

Everything You Need to Know About Merchant Cash Advances

This financing option is a great fit for businesses that process a high volume of credit card transactions 

Whether you need cash for slow seasons or want to seize a new opportunity, we’re committed to assisting your business. Once you apply for and receive a merchant cash advance, you can sit back and watch your business grow!

What is a Merchant Cash Advance And How Does It Work?

At Fora Financial, we’re passionate about helping small business owners like you succeed. That’s why we provide merchant cash advances to small business owners in a variety of industries!

Unlike a term loan, merchant cash advance remittance fluctuates with your business’s sales patterns. We understand that businesses have their ups and downs. Your business may have a few months where sales are booming, and then go through a time when they slowdown.

Naturally, you won’t be able to remit the same amount during both periods. When sales decrease, you’ll need to try and cut expenses in order to remain operational.

That’s why with when pursuing financing from a merchant cash advance company, there’s a holdback percentage. This is a set percentage that is withheld from your credit card transactions until you satisfy your obligation. That way, a certain percentage of the sales from your bank account will be used for remittance, instead of being held to a set payment amount.

Many business owners appreciate this because there is no set payback schedule, so they have the flexibility to remit their cash advance in a similar pattern to the ebbs and flows of their sales. When sales are up, your holdback percentage will result in a higher dollar amount. On the other hand, if your sales are experiencing a lull, your holdback percentage will result in a lower dollar amount.

Businesses that Benefit from Merchant Funding

Merchant cash advances are especially beneficial for business owners in the restaurant, retail and services industries. This is because these industries typically receive a large volume of credit card transactions. Businesses that either don’t accept credit cards, or receive credit card transactions infrequently, usually won’t qualify for merchant funding.

If you run a business that primarily accepts credit card transactions, pursuing a merchant cash advance could be the choice that takes your business from good to great!

How to Apply for Merchant Cash Advances

To get started, we’ll ask you to complete our one-page application, submit three months of credit card statements, and three months of bank statements. On occasion, we may ask for you to provide tax returns, a balance sheet, or a P&L.

If you’re trying to receive a cash advance as quick as possible, we suggest compiling these documents prior to applying.

Merchant Cash Advance Requirement Details

Before applying, it is important that you understand how to qualify for a merchant cash advance from Fora Financial. We have these prerequisites in place so that businesses can responsibly and effectively utilize our products.

We require that your business be up-and-running for at least 6 months prior to receiving a merchant cash advance. Being open for 6 months will likely increase the success you have with our merchant cash advance product.

Another funding requirement we have is that your business make $5,000 in credit card sales each month. If you generate less than $5,000 in credit card sales, it may be challenging for you to remit your merchant cash advance. If satisfying your obligation will be too difficult, we don’t want to put the future of your business at risk.

In addition, any business we work with can’t have any open bankruptcies or dismissed bankruptcies within the past year. If this applies to you, we encourage you to take care of these issues, then apply once a year has passed.

If you have any questions about our merchant cash advance requirements, don’t hesitate to contact our Capital Specialists. They’ll be able to provide you with further direction and are always happy to help!