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Current company Medvivo Capital, Llc
Financial Services · 1 employees · Founded 2020 · Casper, Wyoming, United States
Whether you are a small business owner, doctor, dentist, or nursing home operator, when it comes to maximizing your funding opportunities nobody comes close to matching the business funding expertise and client service of Medvivo Capital. What is a Merchant Cash Advance(MCA)? A MCA is not technically a loan. It is a cash advance in exchange for a percentage of your daily credit card and debit card sales, plus a fee. MCA’s can be quick, easy ways to get a business cash advance with no need for collateral, and even if you don’t have a great credit score. Here’s how it works: • Maximum advance amount:$2.5k-$250k • Paid back daily via your merchant account • Factor fee: 1.14-1.18 • Time to funding: As little as 2 days Who Qualifies for MCA’s? If you have little or no collateral, limited business history, or a low credit rating, merchant cash advances could be a solution to your financing problems. MCA providers have simple eligibility standards, so most small businesses shouldn’t have a problem qualifying. Most businesses that qualify have: • At least 50k in revenue per year • 550 credit score or higher • Been in business at least 6+ months In addition. For businesses that make a big portion of their revenue through credit card payments—if you own a restaurant or a retail store, for example—then you can use a merchant cash advance as a short-term financing tool. It can help with working capital, inventory purchases, debt payments, unexpected payments, and more. What can Medvivo Capital do for my business? We are small business funding specialists. We offer the best and most cost effective way to acquire all the benefits mentioned above for your small business. Clients often say how pleased they are with our approval process and funding results. Unlike other merchant cash advance companies, Medvivo Capital uses a unique proprietary system that creates both customized funding options and a tailored client service experience for you.