product
Business Cash Advance
A business cash advance is a lump sum of capital exchanged for a portion of future sales, repaid through daily or weekly deductions.
Last updated Reviewed by ICG Funding
Definition
What it means.
Business cash advances are structured as the purchase of future receivables, priced with a factor rate (e.g. 1.25–1.45). There is no interest rate and no fixed term, the business repays the funder’s agreed dollar amount as sales come in.
BCAs fund fast (often same-day), accept lower credit scores, and require minimal documentation. The trade-off is cost: the effective APR on an aggressively priced BCA can reach triple digits. Revenue-based funding is a structurally similar, typically less expensive alternative.
Now what?
Get an offer that accounts for business cash advance.
Soft-pull credit check. Quick application. No obligation.