Fixed Solution
“Merchant Advance Capital”
$500,000.00
Maximum Eligible Amount
Loan
Fund Type
Canadian small business owners often prefer our fixed solution to a traditional business loan because a fixed daily payment is often better suited for businesses whose sales are primarily generated through cheques or deposits. Much like a business loan, we forward cash to your business up-front and a daily payment is made automatically to repay the balance. With a fixed payment opposed to a variable one, you’re in a better position to budget your monthly expenses and future cash needs.
- Our Fixed Solution was designed to be closer to a traditional business loan, ideal for businesses who might not have debit/credit sales or those that prefer a fixed payment, this small business funding program is better than a traditional loan however, in that it accommodates small business owners who prefer a fixed daily repayment schedule and maturity date, which makes it easy for you to budget your expenses accordingly.