Merchant Cash Advance Loans

Iruka Capital specializes in merchant cash advances to help your business succeed.

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Do you need cash to grow your small business, but don’t want the hassle of a bank loan? Could you use a loan to help tide your business through a slow period?

If you’re tired of jumping through hoops to get a business loan, or simply have a low credit score, then a merchant cash advance loan may be exactly what your business needs.

What Are Merchant Cash Advances?

Merchant Cash Advance Loans are not bank loans. You don’t need a perfect credit score in order to qualify for a cash advance, and you don’t need to provide collateral.

Instead, you agree to give a percentage of your future sales in exchange for cash now. Cash Advance companies use your credit card sales, bank statements, and other financial information in order to get an idea of how much profit your small business should make in the future.

Once your loan is approved, an agreed upon percentage of your sales is automatically deducted from your credit card receipts.

There are no restrictions on how to use your cash advance – which means you can use your cash advance for whatever you like.

Whether you’re a doctor, or a merchant who owns a restaurant, bar, hotel or motel, retail or automotive store, merchant cash advances offer flexible financing, immediate access to your cash advance, and the ability to improve your small business’ credit score.

Flexible Financing Means We Only Get Paid When You Do

Paying back your merchant cash advance is easy.

We partner with credit card processing companies in order to automatically deduct a set percentage from your daily credit card transactions. As a small business owner, you’ll never have to worry about a huge monthly payment wiping out your bank account.

When business is low, you pay less on your loan. And when business is booming, you’ll have the chance to pay off your loan even faster.

Frequently Asked Questions About Merchant Cash Advances

I already have a merchant cash advance with another company. Can I still qualify?

Yes! You can even use your cash advance to consolidate and pay off existing loans.

What financial documents do I need to provide?

You’ll need:

  • Driver’s license
  • Bank statements
  • Copy of your credit score
  • Credit card processing statements
  • Business tax returns
  • Voided business check

Can I get approved for a loan even if I have bad credit?

Yes! We base our cash advance approval on your credit card sales volume. As long as you make at least $10,000 a month in credit card sales, you may still qualify for a merchant cash advance loan with bad credit.

How do you decide how much of a cash advance I can qualify for?

To approve an advance, we look at a combination of factors, such as monthly sales for the last three to six months, in order to determine how much cash you can borrow. Usually you can qualify for a merchant cash advance that is 50% to 250% percent of your credit card transactions.

How long do I have to pay off the loan?

Since your payment amount depends on how many sales you make, the amount of time it takes to pay off your loan will vary.

Most business owners pay off their loan within 3 to 18 months. You’ll begin paying off your merchant cash advance immediately after you receive your cash.

Do I pay interest on a merchant cash advance?


While banks require you to pay interest on a loan, a merchant cash advance use factor rates instead.

How do you determine the amount I need to repay on my loan?

Factor rates for advances, which are also called buy rates, are used to calculate the total amount you need to pay back on your loan. They can range from around 1.14 to 1.48, and when multiplied by the amount borrowed, tell you how much you can expect to repay on your merchant cash advance.

For example, let’s say you have a factor rate of 1.2. If you’ve borrowed a $10,000 cash advance, then you’ll repay $12,000. That means you’ll pay $2,000 in order to borrow that $10,000 cash – or 20%.

To determine how much money each payment will be, cash advance companies set a “retrieval rate,” which is the percentage of daily sales paid back to the company.

The retrieval rate for loans can range anywhere from 8% – 13%. If your retrieval rate is 10% and you made $4,000 on a particular day, then you would repay $400 from the sales you made.

You will continue to pay the same percentage of your sales until the loan is paid off.

What do credit cards have to do with cash advances?

If you’re using credit cards, then a special agreement made by the cash advance company with the credit card processor will automatically deduct the money from your credit card receipts.

If your receipts are batched daily, then your loan payment will be deducted daily, or whenever your credit card receipts are batched.

What if I’m a business owner who doesn’t accept a credit card?

If you are a merchant who doesn’t accept credit cards, cash will be deducted from your bank account through direct withdrawal, or ACH.

Get Your Cash As Quickly As The Next Business Day

Here’s how it works:

  • Step 1: Apply Online
    Complete our online application. It’s quick, easy, and confidential.
  • Step 2: Get Approval
    Our decision is based on your monthly sales. We have a 90% approval rate, and if you’re pre-approved for a loan, you’ll be able to e-sign your application to receive your merchant cash advance within just few hours.
  • Step 3: Get Your Merchant Cash Advance
    You’ll receive your merchant cash advance straight to your business bank account within 24 hours.

Why Should You Get A Cash Advance With Iruka Capital?

At Iruka Capital, we understand how difficult it can be to get traditional bank loans.

We know that in today’s competitive environment, access to flexible loans can make the difference between success or failure, even for financially strong businesses.

That’s why we’ve made it our mission to provide small and medium sized business owners with the loans they need to expand their businesses.

We Have A Cash Advance Approval Rate Of 90%

With a cash advance approval rate of 90%, we’re proud to have helped hundreds of businesses around the U.S.

Thanks to our fast and easy cash advances, businesses across multiple industries achieve long-term success by getting fast access to a merchant cash advance and working capital loan, based solely on their future receivables.

We Offer The Best Terms For MCA Loans

  • Fast and easy application online with access to live support 24/7
  • Cash Advance Approval within 24 – 48 hours
  • 90% approval rate for cash advances
  • Cash deposited to your bank account as quickly as the next business day
  • Loans have no origination fees or pre-payment penalties
  • Borrow a merchant cash advance from $5k-$100k at fixed rates that start at 5.95% APR with AutoPay
  • Short-term and medium term loans
  • SBA Loans
  • Equipment Financing Loans
  • Medical Financing Loans

What Will You Use Your Cash Advance For?

Go ahead. Buy more stock. Hire another employee or two. Open up that new branch.

An advance makes it easy to do whatever it takes to ensure your business succeeds.

You May Already Qualify For A Cash Advance Now

Qualifying for a merchant cash advance is fast and easy.

Because you’re a merchant, you don’t need perfect credit, and you can qualify for our loans even if you have little or no collateral.

In fact, if you’re a merchant who has a minimum of $10,000 per month in bank deposits or credit card processing from sales activity, you may already qualify for a cash advance.

Our Reputation In Merchant Cash Advances Speaks For Itself

No Hassle



Very Good Rates



Very Honest