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merchant cash advance

Main Street Business Loans dba United Cash Solutions Now Providing Smartbiz® Loans

business cash advance

Call 502-222-8871. Merchant Cash Advance (MCA), Main Street Business Loan (MSBL) and OnDeck® are available in all 50 States and Canada; OnDeck® is also available in Australia. By clicking "Apply Now", you (i) agree to OnDeck®'s Application Agreement and E-sign Consent Agreement (ii) consent to receiving calls and messages from OnDeck® or its representatives or agents at any telephone numbers that you provide (including any mobile telephone numbers), you acknowledge that no purchase of goods or services is contingent upon such consent, and you acknowledge that telephone calls to and from OnDeck® may be recorded and (iii) acknowledge you have read OnDeck®'s Privacy Policy and understand that you may opt out of receiving communications of your choice from OnDeck® as provided in the Privacy Policy.

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main street business loansis a leading provider of Merchant Cash Advances (MCA), sometimes called a business cash advance and now our newest product, Main Street Business Loan (MSBL), (unlike a traditional bank loan) is an alternative business loan which is a short-term loan program based on the merchant or business owner's total gross monthly sales volume.

Products Information

MCA - (Traditional) Merchant Cash Advance
  • Main Street Business Loans The majority of merchants will fall into this program
  • Minimum advance amount: $5,000
  • Maximum advance amount: $3,000,000
  • Maximum advance terms is 12 Months (estimate)
  • Maximum amount of a current advance we'll payoff: Up to $50,000
  • Have a Business Checking Monthly NSF Minimum of: 9 or Less
  • Amount of monthly credit card processing (at least 60 days) volume required: $7,500 Minimum
  • Amount of processing batches required: 12 Per Month Minimum
  • Time in business: 2 Months (500 Fico Score or higher)
  • Ideal for brick and mortar retail locations with small tickets and daily batching.
  • Merchants usually approved for up to 80-100% of their average monthly processing volume.

 

Traditional MCA Program requirements:

  • Process credit/debit cards at least 12 days per month
  • Must be current with landlord
  • No open bankruptcies in the last 12 months
  • At least 12 months must be left on lease if renting the business location
  • Application (completed by at least 51% of ownership)
  • Last months' business checking account statement (all pages)
  • Copy of Driver's License (or gov-issued ID)
  • Last 4 months processing statements
  • Proof of Business Ownership
  • Voided check
  • Completed, signed landlord disclosure form
  • Deals $75,000 and above will require additional paperwork like 2 years business and/or personal tax return.
Main Street Business Loans

 


MCA - Platinum Program
Strategic's Platinum Merchant Cash Advance Program is exclusively for businesses with a stronger credit history.
  • Main Street Business LoansFactors range between approximately 1.19% – 1.349% over an estimated 15 months.
  • Minimum advance amount: $5,000
  • Maximum advance amount: $3,000,000
  • Maximum advance terms is 15 Months (estimate)
  • Maximum amount of a current advance we'll payoff: Up to $50,000
  • Have a Business Checking Monthly NSF Minimum of: None
  • Amount of monthly credit card processing (at least 60 days) volume required: $20,000 Minimum
  • Amount of processing batches required: 12 Per Month Minimum
  • Time in business: 2 Years (640 Fico Score or higher)
  • Excellent renewal opportunities
  • Stricter underwriting requirements. Lower cost Program
  • Fast and easy alternative to a traditional small business loan
  • Approvals as fast as 24 hours and funds typically available within 7 days or less.
  • Typically lower withholding percentages from your daily credit card sales.

 

Platinum MCA Program requirements:

  • Must be current with landlord
  • No open bankruptcies in the last 12 months
  • At least 12 months must be left on lease if renting the business location
  • Application (completed by at least 51% of ownership)
  • Last months' business checking account statement (all pages)
  • Copy of Driver's License (or gov-issued ID)
  • Last 4 months processing statements
  • Proof of Business Ownership
  • Voided check
  • Completed, signed landlord disclosure form
  • Deals $75,000 and above will require additional paperwork like 2 years business and/or personal tax return.

MSBL - (Trial) Main Street Business Loan
  • Main Street Business LoansAverage MSBL funding size is nearly double that of a MCA
  • Minimum loan amount: $5,000
  • Maximum loan amount: $50,000
  • Program loan terms is 5 Months
  • Have a Business Checking Daily Bank Balance Minimum: $1,500
  • Have a Business Checking Monthly Deposit Minimum of: 8
  • Have a Business Checking Monthly Negative Account Days Minimum of: 3
  • Have a Business Checking Monthly NSF Minimum of: 5
  • Business Monthly Gross Sales Minimum: $25,000
  • Fixed daily payments/direct ACH (Monday-Friday)
  • No credit card processing volume required
  • Time in business: 6 Months (500 Fico Score or higher)
  • Less documentation needed than a bank loan
  • Future delivery accepted
  • High approval rates
  • Financing up to 10 %-11% of the gross yearly sales
  • Premium pricing available

 

Trial Main Street Business Loan requirements:

  • Must be current with landlord
  • No open bankruptcies in the last 12 months
  • At least 12 months must be left on lease if renting the business location
  • Application (completed by at least 51% of ownership)
  • Last months' business checking account statement (all pages)
  • Copy of Driver's License (or gov-issued ID)
  • Last 4 months processing statements
  • Proof of Business Ownership
  • Voided check
  • Completed, signed landlord disclosure form
  • Deals $75,000 and above will require additional paperwork like 2 years business and/or personal tax return.
main street business loansView this productmain street business loans
MSBL - (Standard) Main Street Business Loan
  • Main Street Business LoansAverage MSBL funding size is nearly double that of a MCA
  • Minimum loan amount: $5,000
  • Maximum loan amount: $3,000,000
  • Program loan terms is 10 months
  • Have a Business Checking Daily Bank Balance Minimum: $500
  • Have a Business Checking Monthly Deposit Minimum of: 8
  • Have a Business Checking Monthly Negative Account Days Minimum of: 3
  • Have a Business Checking Monthly NSF Minimum of: 5
  • Business Monthly Gross Sales Minimum: $5,000
  • Fixed daily payments/direct ACH (Monday-Friday)
  • No credit card processing volume required
  • Time in business: 1 year (525 Fico Score or higher)
  • Less documentation needed than a bank loan
  • Future delivery accepted
  • High approval rates
  • Financing up to 10 %-11% of the gross yearly sales
  • Premium pricing available

 

Standard Main Street Business Loan requirements:

  • Must be current with landlord
  • No open bankruptcies in the last 12 months
  • At least 12 months must be left on lease if renting the business location
  • Application (completed by at least 51% of ownership)
  • Last months' business checking account statement (all pages)
  • Copy of Driver's License (or gov-issued ID)
  • Last 4 months processing statements
  • Proof of Business Ownership
  • Voided check
  • Completed, signed landlord disclosure form
  • Deals $75,000 and above will require additional paperwork like 2 years business and/or personal tax return.
main street business loansView this productmain street business loans
MSBL - (Platinum) Main Street Business Loan
  • Main Street Business LoansAverage MSBL funding size is nearly double that of a MCA
  • Minimum loan amount: $5,000
  • Maximum loan amount: $3,000,000
  • Program loan terms is 15 months
  • Have a Business Checking Daily Bank Balance Minimum: $500
  • Have a Business Checking Monthly Deposit Minimum of: 8
  • Have a Business Checking Monthly Negative Account Days Minimum of: 0
  • Have a Business Checking Monthly NSF Minimum of: 0
  • Business Monthly Gross Sales Minimum: $5,000
  • Fixed daily payments/direct ACH (Monday-Friday)
  • No credit card processing volume required
  • Time in business: 2 years (640 Fico Score or higher)
  • Less documentation needed than a bank loan
  • Future delivery accepted
  • High approval rates
  • Financing up to 10 %-11% of the gross yearly sales
  • Premium pricing available

 

Platinum Main Street Business Loan requirements:

  • Must be current with landlord
  • No open bankruptcies in the last 12 months
  • At least 12 months must be left on lease if renting the business location
  • Application (completed by at least 51% of ownership)
  • Last months' business checking account statement (all pages)
  • Copy of Driver's License (or gov-issued ID)
  • Last 4 months processing statements
  • Proof of Business Ownership
  • Voided check
  • Completed, signed landlord disclosure form
  • Deals $75,000 and above will require additional paperwork like 2 years business and/or personal tax return.

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