A "Merchant Cash Advance Company" or "Direct Business Loans Lender" is a financial services provider that offers capital to small and medium-sized businesses. Unlike traditional bank loans, a merchant cash advance (MCA) is not a loan but a purchase of a portion of a business's future credit/debit card sales at a discount. Direct business loans from these lenders are typically short-term, with more flexible qualification criteria but often higher interest rates than traditional loans. These companies serve businesses that may not qualify for conventional financing, providing rapid access to working capital.

Founded in

United States