Financing
Kings Funding is one of the top providers of merchant cash advances to small and medium-sized business owners.
We Make it Easy to Access
and Understand a Merchant Cash Advance.
Kings Funding is one of the top providers of merchant cash advances to small and medium-sized business owners. A merchant cash advance (MCA) is not a loan. It is an advance of a sum of money to a business owner, based on the projected future revenues or credit card sales. One of the most appealing aspects of an MCA is that a business owner can apply for an MCA and have the advance deposited into their account within days, not months- with zero required collateral and no hard credit pulls.
Whether you are a franchise looking to expand to another location, or a small business trying to increase inventory, a merchant cash advance is an accessible route for those who can’t afford to wait months for capital, or don’t want to take a risk with other financial products that require collateral.
We serve hundreds of industry types, and if you’re unsure about yours, feel free to contact us or simply apply- it is highly likely that your business is eligible, since we process our applications on an individualized basis.
How the Application Process is Different
Our application process differs from a traditional bank loan application primarily because of the way we weigh credit criteria. Once we receive your application, we will review your business bank statements, supplementally check credit, check that you have been in business for over a year, and evaluate any debts you may have to ensure you can pay back the advance in a timely manner. An MCA is a short term solution, meaning the payback period is never longer than 12 months.