Merchant Cash Advance from $10,000
Fast working capital based on business revenue and bank activity. Repay through a small percentage of daily sales — payments scale with cash flow. Funded as fast as same day.
Start an applicationVoxen Capital structures merchant cash advances for Canadian businesses, starting at $10,000, based on monthly revenue and bank activity. Repayment is taken as a small percentage of daily or weekly sales, so payments scale with cash flow. MCA is typically the fastest and most accessible product, but also more expensive than a term loan for the same business profile.
What is a merchant cash advance?
A merchant cash advance (MCA) is a lump sum of capital advanced against your future business revenue. Instead of fixed monthly payments, you repay through a small fixed percentage of your daily or weekly sales — so payments scale with your cash flow.
Voxen Capital structures merchant cash advances starting at $10,000 for Canadian businesses with consistent monthly revenue. Approval is based on revenue, deposits, and bank activity — making MCA one of the fastest and most accessible products on the market.
Most applications are decisioned the same day to within 24 hours and funded same day. There are no restrictions on how the funds are used.
Best for these business situations
- Restaurants, retail, e-commerce with daily revenue
- Service businesses with consistent monthly billings
- Businesses denied by banks for credit reasons
- Time-sensitive opportunities needing same-day cash
- Seasonal businesses preferring revenue-flex repayment
- Companies that don't want to add a fixed monthly payment
- Businesses without collateral to secure traditional loans
- Owners with credit challenges but strong revenue
Less suited to
- Businesses with very low or inconsistent monthly revenue
- Owners optimizing for the lowest possible cost — a term loan or LOC is cheaper when accessible
- Long-amortization investments better served by a term loan
- Companies needing approval guarantees or fixed monthly payments
How it works
- Submit basic info — Application takes under 10 minutes. Provide 3–4 months of bank statements and basic business details.
- Approved in hours — Underwriters review revenue patterns and present a structured offer — advance amount, factor rate, daily holdback, and total payback.
- Funded same day — Sign electronically and receive funds in your business account, often within hours. Repayment starts the next business day via automated debit.
Cash advance structure
| Advance Amount | From $10,000 |
|---|---|
| Factor Rate | From 1.15 (15% of advance) |
| Repayment Method | % of daily/weekly sales (holdback) |
| Holdback Range | 5% to 15% of daily revenue |
| Term Length | 3 to 18 months (revenue-driven) |
| Time to Funding | Same day to 24 hours |
| Collateral Required | None |
| Personal Guarantee | Standard for SMB |
At a glance
| Advance Size | From $10K |
|---|---|
| Funding | Same day to 24h |
| Repayment | % of sales |
Frequently asked questions
How much can I get on a merchant cash advance?
Voxen advances start at $10,000 and are sized based on monthly revenue, deposits, and bank activity. Most businesses qualify for 75–125% of their average monthly revenue on the first advance, with renewals scaling higher as you build a payment history.
How does a factor rate work and what does it cost?
MCA pricing uses a factor rate, not an interest rate. A 1.25 factor rate on a $50,000 advance means you repay $62,500 total. Factor rates start at 1.15 for strong files and scale up based on revenue volatility, industry risk, and term length. Voxen always presents the total payback amount upfront.
What's a holdback and how does repayment work?
A holdback is the fixed percentage of your daily or weekly sales that goes toward repayment — typically 5% to 15%. On slow days, payments are smaller. On strong days, you pay off faster. There's no penalty for slow weeks.
Will an MCA hurt my credit score?
No hard credit pull happens at application — only a soft inquiry. Most MCA lenders do not report to personal or commercial credit bureaus, so neither having an active MCA nor paying it off impacts your credit score.
What credit score is required?
500+ is preferred. Some MCA files below 500 may be reviewed case by case when revenue, deposits, and bank activity are strong. Approval is driven primarily by business cash flow — not personal credit alone.
Can I pay off the advance early?
Yes. Voxen often negotiates early-payment discounts on placements, which can save 5–15% on total cost. Always confirm the early-payoff terms before signing.
How is an MCA different from a term loan?
A term loan has a fixed interest rate, fixed monthly payment, and is reported to credit. An MCA uses a fixed factor rate and repays as a percentage of sales. MCA is faster (same-day funding) and more accessible (revenue-driven), but more expensive than a term loan for the same business profile.
Should I take an MCA or a different product?
MCA is the right tool when speed and accessibility matter more than cost. If you can wait a few days and have decent credit, a term loan or line of credit will almost always be cheaper. Voxen's advisory model means we tell you which product fits.