Everything else.
A merchant cash advance is for commercial purposes only and is not a long-term answer to a shortfall that repeats. Read the fixed total before you sign. If something here contradicts a funder’s Revenue Purchase Agreement, that agreement governs your advance; PlainFunding governs nothing, it describes what we do.
What a merchant cash advance is
A funder buys a portion of your business's future receivables and pays you the purchase price up front. It is not a loan. You remit the purchased receivables over time, usually as a share of daily or weekly receipts or as fixed debits from your business bank account.
What you need
A US business or self-employed owner, 18 or older and authorized to act for the business, with about 3 months in business, about $1,500 a month in revenue and a business bank account. Meeting these does not guarantee an offer.
What it costs
A fixed cost, agreed before you sign: the purchase price multiplied by a factor set by the funder. It is not interest and it is never expressed as an APR. The total does not grow with time, and the funder's Revenue Purchase Agreement states it in full.
Where we cannot help
Requests are not accepted from businesses in California and New York, both of which have commercial financing disclosure laws. Availability elsewhere depends on which funders in our network serve your state.
Commercial use only
Funds are for the business: stock, tools, payroll, repairs, marketing. Requests for personal, family or household purposes are not eligible and will be declined.
What we never ask for
A fee, ever: before, during or after. Anyone who contacts you asking for an up-front payment to release an advance is not us and is not a funder we work with. Stop, and write to help@plainfunding.com.
$100 to $5,000.
No fee to ask.
For businesses and self-employed owners. One short request, no fee, and checking your options does not affect your credit score.