Daily sales, daily remittances
A merchant cash advance, as a category, is repaid from a portion of the money the business takes in, usually daily or weekly. The match is best when you sell every day: a cafe near the pier, a taco counter, a surf shop, a salon, a bike rental. Card sales settle, the remittance goes out, and the balance moves with the flow.
Huntington Beach is a city of roughly 198,711 people and 28.33 square miles, and much of its business is retail and food service, including shopping centers such as Bella Terra and the German-themed Old World Village. Owners there often want cash quickly for a remodel, a patio, an extra hire before summer or a failed freezer.
The pre-summer example
For illustration only, take a Huntington Beach cafe that wants $50,000 in April to add outdoor seating, hire two people and stock up before summer. The cafe sells about $2,400 a day in July but $1,100 in a gray week in February. If the remittance is a fixed daily amount, a good July swallows it easily; a bad February notices it every morning.
| Season | Daily sales (example) | Remittance (example) | Share of sales |
|---|---|---|---|
| July | $2,400 | $300 | 12.5% |
| October | $1,600 | $300 | 18.8% |
| February | $1,100 | $300 | 27.3% |
The numbers are round examples, not our terms. The pattern is the point: a fixed daily pull weighs most in the weakest months.
What to ask before you sign
- The total you will repay, not just the amount advanced.
- Whether the remittance changes with sales or stays fixed.
- What fees are taken out of the advance.
- Whether early repayment is allowed.
- Whether you already carry one, since two overlapping advances can double the daily pull.
If you do already carry one and the pull is heavy, read about MCA relief in Huntington Beach.
Bank statements tell the story
Because we review about three months of business bank statements, it helps to look at them yourself first. Count how many days sales dipped below your average daily costs, note the largest deposits and when they land, and check whether business and personal spending are separate. A clean account is easier to read and gives you a clearer sense of what remittance you could carry.
It also helps to ask how an advance fits with an upcoming season. If you take cash in April and plan to repay across the summer, the plan works if summer is strong. If the weather, a road closure or a slow tourist year interferes, the remittance still arrives. Build a little room into the plan.
Applying
We fund $25,000 to $5,000,000, with funding in as little as 24 hours after approval. FICO 500+ is considered, we ask for about three months of business bank statements, and no tax returns are required. The application takes five minutes with a soft credit pull; sole proprietors can apply. Apply when ready.
To compare, see revenue-based financing, line of credit and the Orange County page.