Merchant Cash Advance in San Jose
Approval in hours. Funding in 24. Repaid as a small slice of daily revenue.
- 24-hour funding on working capital files.
- 75+ lenders — banks, SBA, fintech.
- No upfront broker fees — paid by the lender at funding.
What it is and how it works in San Jose
A merchant cash advance (MCA) is the fastest capital a San Jose business can access. The funder buys a fixed dollar amount of your future receivables at a discount, then collects via a small fixed percentage of your daily deposits. It's expensive and should only be used when faster, cheaper options don't fit. When it's the right tool, though, it's an unmatched bridge.
Not a loan but a purchase of future receivables. You receive a lump sum today and repay a larger 'purchased amount' through daily or weekly ACH debits set as a fixed percentage of revenue.
How Merchant Cash Advance works
- 1
One page application plus three months of bank statements.
- 2
Funder reviews deposit volume, frequency, and consistency.
- 3
Term sheet typically issued within a few hours.
- 4
Funds wired within 24 hours of contract signing.
- 5
Daily ACH repayment begins the next business day.
Benefits
Same day to 24-hour funding is standard.
FICO scores in the 500s are commonly approved.
Repayment scales with revenue, easing seasonal pressure.
Underwritten on cash flow, secured by future revenue only.
Qualification requirements
- 4+ months in business
- $8,000+ in monthly deposits
- 500+ FICO acceptable for many funders
- Daily deposit activity in a business checking account
Documents typically required
- 3-4 months business bank statements
- Driver's license
- Voided check
How San Jose businesses use Merchant Cash Advance
A Downtown restaurant takes a $60K MCA to cover payroll while waiting on an SBA 7(a) approval, then refinances the MCA into the SBA at close.
A West Valley pizzeria funds $25K within 24 hours to replace a broken oven.
A South Jordan auto shop covers a $35K IRS payment that can't wait.
MCAs are widely used in California hospitality, restaurants, and auto services, industries with strong daily revenue but lumpy needs. We'll always show you any cheaper alternative first.
