Smart Accounting for MCA Lenders

What is MCA Funding?

When businesses need quick access to capital, an alternative financing solution is MCA (Merchant Cash Advance) Funding. MCA funding has provisions for a lump sum payment in exchange for a percentage of future credit card sales or daily revenue. For businesses that need immediate cash flow without the hassles of conventional bank loans, MCA is a great and flexible financing option.

MCA is most appropriate for small and medium-sized businesses that experience fluctuating revenue, as repayment depends on daily sales rather than fixed monthly payments. This is a helpful option for businesses that allow them to repay as per the revenue earned. They can pay more when sales are high and less during slower periods.

At Premium Growth Advisor, we are aware of the financial challenges typical to MCA funding companies. Our accounting services designed for MCA funding companies help them maintain smooth cash flow and track transactions easily. We manage your financial complexities so that you can focus on expanding your funding portfolio and support the businesses that rely on you. Let us take care of the numbers while you drive growth.