What are merchant cash advance loans?

All businesses need cash. Merchant cash advances differs from traditional loan products and are best suited for businesses earning income through EFTPOS, like restaurants, convenience stores, supermarkets, etc. Cash advances are designed for established businesses that have a high cash flow but low cash on hand. A merchant cash advance loan means that the lender purchases the business' future cash flows. It is a large amount of cash deposited into your business to boost your business' current cash flow, while repaying the cash advance using your future cash flow, and helping you to avoid financial difficulties.

The right cash advance loan can provide a quick solution to your financial needs, without having to wait on a bank for approval or paying too much in interest from a high-risk lender. A merchant cash advance loan from Max Finance gives you fast, convenient access to the cash you need, and the whole process can be completed online.

Merchant cash advances are becoming more popular due to the fact that they are unlike most other loan products, which require at least a motor vehicle or real estate property to be used against the loan. Merchant cash advances are usually secured by your future cash flow, so no assets are required to obtain the loan. It has a very short turnaround time and are very useful for businesses looking for urgent cash flow support. At Max Funding, our team is devoted to finding the most appropriate funding solution for your business needs, ensuring you are able to resolve any financial situation as soon as possible, and our merchant cash advance products are among the best on the market.

Why choose Max Funding for cash advance loans?

Merchant cash advance loans from Max Funding offer the following:

  • Competitive interest rates
  • Fast application process and pre-approval in just five minutes
  • Instant business loans
  • Repayment terms that suit your capabilities
  • Competitive terms, even if you have a bad credit history

Perhaps you’ve just received an unexpected bill, or maybe you are unable to make payments until pay day. Whatever the reason, merchant cash advance loans from Max Funding are the perfect way to help you until you’re back on your feet.

If you go to the bank and ask for a loan, you will not only be swamped with paperwork, but you will probably also have to wait at least a couple of weeks for an answer, which doesn’t help when you need cash in a hurry. And if you’ve got a poor credit history, your chances of approval from a bank are fairly low.

Talk to Max Funding and we’ll give you an online pre-approval decision in just five minutes. Pre-approval speeds up the application process by determining your eligibility upfront. By answering a couple of questions, we can tell right away whether you can afford a loan and pay it back in the on time. Statistics show that once you’ve been pre-approved, you have a 90% chance of securing the loan.

Applying for a loan with us is as simple as filling out a short application form, sending us a few basic documents to verify your income and assets, and e-signing the document. Once approved, your money will be directly deposited into your bank account normally on the same day.

It’s the way lending should be fast, affordable loans without all the hassle and red tape.

Contact us now and get your cash advance today!

Simply apply via our five-minute pre-approval form online, and you will be given an instant indication on the most suitable loan product for your business. If our loan products are not suitable, there is no obligation to follow through with an application. Max Funding offers a wide range of business funding products, with great flexibility to enable you to excel your business to where you want it to be. Whether it’s a refinancing loan, franchise loans, Caveat Loans or bridging finance, Max Funding makes the process easy and you can apply online from anywhere at any time. So click on Apply Now and let us take care of the rest!

If you’d like to know more about one of our loan products, call us on 1300 411 411, drop us an email at Loans@MaxFunding.com.au or fill out the Fast Contact Form Online and we’ll get back to you promptly. Max Funding is the better way to borrow, so get in touch with us now, Australia’s short-term lending specialists.