Business Advance (MCA)

A Business Advance from BH Capital Funding provides businesses with a lump sum of capital upfront, which is repaid through a percentage of daily sales. This product is ideal for businesses needing immediate funds to manage cash flow, invest in growth opportunities, or cover unexpected expenses.

Key Features:

  1. Quick Access to Funds: Receive a lump sum upfront to manage various business needs.

  2. Flexible Repayment: Repay the advance through a percentage of daily sales, ensuring repayments are in line with revenue.

  3. No Fixed Monthly Payments: Repayment is based on sales, so there are no fixed monthly payments.

  4. No Collateral Required: Business advances do not require collateral, making it easier to secure funding.

  5. Transparent Terms: Clear and straightforward terms with no hidden fees.

Benefits:

  • Improved Cash Flow: Get immediate funds to manage cash flow fluctuations and cover operational costs.

  • Growth Opportunities: Invest in new opportunities, purchase inventory, or expand your business with ease.

  • Flexible Repayment: Pay back the advance through a percentage of your daily sales, ensuring repayments match your revenue cycle.

  • Quick Approval: Fast approval process with minimal paperwork, so you get the funds when you need them.

How It Works:

  1. Application: Simple and quick application process.

  2. Approval: Fast approval times, ensuring you get access to funds quickly.

  3. Receive Funds: Get a lump sum advance directly into your business account.

  4. Repayment: Repay the advance through a percentage of daily sales until the full amount is repaid.

Lending Criteria and Guidelines

Based on the guidelines from various funding documents, here are the criteria categorized into A-D paper guidelines:

A Paper

  • Time in Business: Minimum 2 years.

  • Monthly Revenue: $100,000+

  • Credit Score: 650+

  • Bank Statements: Last 6 months of business bank statements.

  • Documentation: Signed application, proof of ownership, and recent tax returns.

  • NSF/Negative Days: No more than 2 NSFs per month.

  • Industries: Excludes high-risk industries such as adult entertainment, firearms, and cannabis.

B Paper

  • Time in Business: Minimum 1 year.

  • Monthly Revenue: $50,000 - $100,000

  • Credit Score: 600+

  • Bank Statements: Last 3 months of business bank statements.

  • Documentation: Signed application, proof of ownership, recent tax returns, and financial statements.

  • NSF/Negative Days: No more than 4 NSFs per month.

  • Industries: Includes moderate-risk industries with additional scrutiny.

C Paper

  • Time in Business: Minimum 6 months.

  • Monthly Revenue: $20,000 - $50,000

  • Credit Score: 550+

  • Bank Statements: Last 3 months of business bank statements.

  • Documentation: Signed application, proof of ownership, and recent tax returns.

  • NSF/Negative Days: No more than 6 NSFs per month.

  • Industries: Includes most industries, subject to additional conditions.

D Paper

  • Time in Business: Minimum 3 months.

  • Monthly Revenue: $10,000 - $20,000

  • Credit Score: 500+

  • Bank Statements: Last 3 months of business bank statements.

  • Documentation: Signed application, proof of ownership, recent tax returns, and financial statements.

  • NSF/Negative Days: No more than 8 NSFs per month.

  • Industries: Open to almost all industries with detailed review and higher scrutiny.

Eligibility:

To qualify for a Business Advance with BH Capital Funding, your business should have a stable revenue stream and a good credit history. Specific eligibility criteria may vary, and we work with businesses to understand their unique financial situations.

For more information on our Business Advance, contact our support team.

Comparison: BH Capital Funding vs. Competitors

Both BH Capital Funding and other financial service providers offer business advances, but each has unique features and benefits that cater to different business needs.

BH Capital Funding:

  • Focus on flexible, daily sales-based repayment.

  • No alternative financing broker fees

  • Quick approval process.

  • Transparent terms with no hidden fees.

  • Our “Good Faith” Disclosure promise

  • No collateral required.

  • 24 hour funding capability

Competitors:

  • May have different repayment structures (e.g., fixed monthly payments).

  • Variable approval times.

  • Different fee structures and requirements.

  • May require collateral depending on the amount requested.

Choosing the right business advance depends on your specific business needs, financial health, and long-term goals. BH Capital Funding is dedicated to providing personalized service to help businesses thrive.

For detailed information and to apply, visit BH Capital Funding.