Fast Access to Funds
Access working capital through a streamlined application and review process.
MERCHANT CASH ADVANCE
Fast WorkingCapital to KeepYour Business Moving.
Get the capital your business needs without the unnecessary delays. With a straightforward application, fast review, and daily or weekly payment options, Coral helps you find funding that works for your business.
See My Options
- Quick review
- Daily or weekly payments
- Funding for your business
Flexible Payments
Available daily or weekly payment schedules, depending on the funding offer.
Simple Process
Start with basic business information and bank statements. Additional documentation may be requested.
Use Funds Your Way
Put capital toward inventory, operating expenses, expansion, or other business needs.
What Is a
Merchant Cash Advance?
A Merchant Cash Advance (MCA) gives eligible businesses an upfront amount of working capital in exchange for an agreed future repayment amount.
Payments are generally collected through scheduled daily or weekly debits, depending on the funding agreement.
MCAs can be used for business needs such as inventory, payroll, marketing, equipment, and operating expenses.
An MCA is different from a traditional term loan. The total repayment amount, payment schedule, fees, and other conditions depend on the specific funding agreement.
COMMON USES
How Businesses Use Merchant Cash Advances
Flexible funding to help you tackle today's challenges and tomorrow's opportunities.
Inventory
Stock up to meet demand.
Staffing
Hire and retain team members.
Marketing
Invest in campaigns to drive growth.
Equipment
Purchase or repair essential equipment.
Operational Expenses
Cover day-to-day costs and manage cash flow.
Expansion
Open new locations or pursue business opportunities.
THE PROCESS
A Simple Path to Funding
Get the capital you need in just a few easy steps.
- 1
Apply Online
Complete a short, secure application.
- 2
Quick Review
We review your information and determine which available funding options may fit.
- 3
Review & Sign
Review the offered amount, payment schedule, total repayment, and conditions before accepting.
- 4
Receive Your Funds
Once approved and documentation is completed, funding can be arranged according to the provider's timeline.
Basic Requirements
6+ Months in Business
Consistent Monthly Revenue
Active Business Bank Account
Valid Business Information
Merchant Cash Advance FAQs
How quickly can I get funded?
Timing depends on underwriting, the funding provider, and how quickly required documents are completed. We explain the next steps and keep you informed; approval and a specific funding timeline are not guaranteed.
What are the repayment terms?
Daily or weekly payments may be available, depending on the funding agreement. Review the payment amount, schedule, total repayment, fees, reconciliation provisions, and other conditions before accepting an offer.
How much can my business qualify for?
Available amounts depend on your revenue, cash flow, business history, existing obligations, and the provider’s underwriting requirements. Applying lets us review available options; it does not guarantee approval or an amount.
What can I use the funds for?
Common business uses include inventory, payroll, marketing, equipment, operating expenses, and expansion. Check your funding agreement for any restrictions.
Is a merchant cash advance right for my business?
Consider the total cost and whether the daily or weekly payment schedule works with your cash flow. An MCA may suit a working-capital need, but compare it with other available funding options and review the agreement carefully.
What documents are required?
Start with basic business information and recent business bank statements. Underwriting may request additional documentation, such as identification, proof of ownership, or details about existing financing.
Can I pay off my advance early?
Early payoff terms vary by provider and agreement. Some offers may include an early payoff adjustment, while others do not. Ask for the applicable terms and a written payoff amount; savings are not automatic.
Get Working Capital That Fits Your Business.
Explore available funding options with a straightforward application and guidance through the process.