Access to flex fund when you need it

With Canadvances, you’re in good hands

We provide merchant cash advances for small business financing. The merchant cash advance is up to $300,000 with flexible repayment. Now, don’t fret because Canadvances has got your back! Being experts in this industry means, we’ll find a way to fit you with the perfect finance package. In most cases, small companies continuously turn back to our services for quick access to funding that does not cost too much.

While banking system may take up to two months to verify their requests, we can do it in 24 hours! So, rest easy knowing there’s someone out there who understands what you’re going through and wants nothing more than to see you succeed. At Canadvances, we provide small businesses with fast and straightforward flex fund cash in advance.

Check Your eligibility before applying

A cash advance is when a financial institution provides you with an advance on future income. This allows for flexibility and ease in managing your budget and finances.

The minimum age of the business is six months.

Your credit score is well more than 550.

Your annual revenue is more than $100,000.

Get ready to grow with us

It is a type of loan whereby a financial institution provides a portion of your future income in the form of a cash advance. As a result, your budget and finances can be managed with ease and flexibility.

Factors make us different from others

Freedom of choice

Canadvances offers merchant cash advance and is committed to delivering exceptional customer service. Choosing the right amount of cash advance requires consideration of the cost, timeliness, and repayment plan.

Ease & Flexibility

Our cash advances can be used for any purpose, such as responding to surprise situations, investing in business growth, or taking advantage of an opportunity.

Quick & Fast

A flex cash advance is one of the fastest ways to fund a business. Sometimes, an offer can be made within 24 hours of applying.

Transparency

There are no hidden charges. The cost of the loan, based on the interest rate, is established immediately. You know what you’ll pay before making a payment plan.

Get advance cash as much as you need

Merchant cash advances are based on the volume and value of a business’s card payments, and the repayment plan is flexible to adapt to variable or seasonal income. The lender calculates the loan sum and repayment plan, and repayments are taken directly from the card terminal provider.

With our merchant cash advances, this isn’t an issue. Your payment schedule is managed by the money coming in from your credit card transactions – so you won’t be able to go over due dates

Frequently Asked Questions

You can apply online in less than ten minutes with our all-digital application process. Give a brief overview of yourself, your business, and its financial performance.

Your business age is more than six months, 550+ credit score, and an annual budget of US$100,000.

Our loans can be used for any purpose, such as responding to surprise situations, investing in business growth, or taking advantage of an opportunity.

Pre-qualification occurs within minutes of starting the online application, but you will wait for 24 hours for Full qualification.

Upon approval from our experts, get your loan instantly in your bank account within 24 hours.

Any small business or startup lending could be considered a business loan. But there are important differences between merchant cash advances and traditional loans.

Merchant cash advances are business advances that allow you to borrow funds based on future credit card transactions.

The applicant must have a history of processing credit cards to receive a merchant cash advance. In most cases, when applying for this type of loan, one must submit records from the past few months showing that they can process cards on average at least three times per day.

Many lenders may do a soft review of your credit rating when considering a merchant cash advance, but if they have concerns about repayment, they may request a full credit check.

No, because lenders will usually look at card payments volume and history first when considering a loan, but other financial records like bank statements, cash flow, balance sheet, or tax returns may also be necessary.

Allow Canadvances to finance your business

Merchant Cash Advances (MCAs) provide an excellent lending opportunity for those with limited credit history or assets they can pledge as security.