2M7 Financial Solutions Merchant Cash Advance
$250,000.00
Cash Advance
Description:
2M7’s merchant cash advance is designed to meet the financial needs of Canadian small businesses. Flexible financing and easy repayment schedules that work for business cash flow. A Merchant Cash Advance (MCA) is an advance on funds which is provided dependent on businesses credit/debit card payments
Comments on Funding:
Funding takes the form of a cash advance for as little as $10,000 to a maximum of $250,000 depending on different factors.
Rolling deadline
Eligibility:
Applicants must be businesses that meet the following criteria:
1. Canadian Business;
2. Operational for a minimum of 90 days;
3. Minimum gross monthly sales of $10,000;
4. No open bankruptcy.
Application Steps:
Applicants must speak to a specialist through their online contact form.
Documentation Needed:
Applicants must submit the following:
1. Canadian Government issued Photo ID;
2. Most recent bank statement;
3. Property Lease/Proof of ownership;
4. Void cheque.
Other Things to Note:
About the author
Maurice