Everest Business Funding provides cash advances to small business owners so they can get consistent access to working capital even in times of cash crunches. After approval, you can get funding in as quickly as 24 hours. This makes their MCA perfect for those who urgently need funds.
You’ll be able to use these funds to finance your business growth — whether it’s for marketing campaigns, buying inventory, upgrading equipment, renovating your office or hiring and training staff.
The company provides advances ranging from $5,000 to $1 million, with funding amounts based on your daily cash flow and monthly revenue. This means that larger revenue can qualify you for larger funding sizes, regardless of your credit history. However, the company doesn’t advertise its average rates or repayment periods and they did not respond to requests for comment.
The merchant cash advances from Everest Business Funding may be an excellent choice if you need flexible funding solutions based on your revenue.