The mismatch behind most cases
Many Fremont businesses invoice other companies, so deposits arrive in large payments: a $30,000 check, then nothing for twelve days. A merchant cash advance, though, deducts on a steady schedule. If it was sized against a strong period, or stacked on top of an earlier advance, the steady deduction can take most of what is left once payroll and suppliers are paid.
Wikipedia notes that Fremont's largest employer and several other headquarters sit in the city, which means a large share of small firms sell into long supplier chains with payment terms. Those terms are exactly what makes irregular deposits normal.
Numbers from a typical squeeze
For illustration only, a Fremont fabrication shop has $6,000 a week in fixed advance payments and $22,000 of weekly expenses. In a week when a customer pays $40,000, no problem. In a week with $15,000 in deposits, the advance takes 40% and the shop cannot make payroll without delaying a supplier. This sequence repeats until something gives. These numbers are examples, not a description of any offer.
What relief means, and what it does not
MCA relief aims at easing payments on advances you already have, so the business can run at a sustainable pace. What it looks like depends on balances, schedules and your bank statements, which we review before saying anything specific. It does not promise a particular reduction. It is a poor fit if the revenue base has gone, and a worthwhile option when the business is sound but the payment structure is not.
Prepare these items
| Item | Purpose |
|---|---|
| About three months of business bank statements | Shows deposits and each deduction |
| Summary of each advance | Holder, payment, frequency, rough balance |
| Customer payment timeline | Shows when large deposits typically arrive |
Please keep making payments while you apply rather than stopping on your own.
Talking to your customers
One underused step is asking your largest customers when they plan to pay. If a $30,000 invoice is due on the 20th and you know it will be paid on time, plan around that date rather than around the advance. If it will be late, you can see the shortfall coming and share it when you apply. A realistic payment calendar for the next sixty days, built from invoices and known costs, helps a reviewer understand your situation faster than statements alone.
Eligibility and related options
We consider FICO 500 and above, need no tax returns, and use a soft credit pull on a five-minute application. Funding runs from $25,000 to $5,000,000, and sole proprietors can apply. If you want new money instead, compare working capital or a line of credit. If you are weighing a first advance, see merchant cash advances. The lower-credit page may help too. Apply here.