Merchant cash advance
Capital that moves
with your sales
Get $10K–$5M against future receivables. Repay a fixed percentage of sales, so slow days cost you less. Funded the same day you accept.
- Funding on approved deals
- Same day
- Advance range
- $10K–$5M
- Typical term
- 3–18 mo
- Hard pulls to see terms
- 0
How it works
An advance, not a loan
We purchase a fixed amount of your future receivables at a discount. You receive the advance now and remit a set percentage of daily or weekly sales until the purchased amount is paid. No fixed maturity date, no compounding interest.
- 1
Connect
Link your bank and processor. We read your real deposit history.
- 2
See your offer
Advance amount, purchased amount, and remittance rate in plain numbers.
- 3
Fund and remit
Money lands the same day. Remittances track your sales automatically.
Who it's for
Built for
uneven revenue
- Restaurants, retail, and salons with card-heavy sales
- Seasonal businesses that need runway before the busy months
- Operators covering inventory, repairs, or payroll this week
- Businesses with thin or imperfect personal credit but strong deposits
Cost transparency
Know the number
before you sign
Every MCA offer on Tovah shows the advance amount, the total purchased amount, the holdback percentage, an estimated payoff timeline, and an annualized cost estimate so you can compare it to anything else. If it's expensive, we say so.
MCA cost calculator
Illustrative only. Not an offer or a quote. The annualized figure is a simple estimate for comparison; your offer shows exact numbers.
Honest fit check
When an MCA is the wrong tool
If you have predictable revenue and time to wait, a term loan or line of credit will usually cost less. If you're stacking a second advance to cover a first, stop and call us. We'd rather lose the deal than fund a bad one.
FAQ
Questions, answered plainly
Is an MCA a loan?
No. A merchant cash advance is a purchase of future receivables. You receive funds now and remit a percentage of sales until the purchased amount is delivered. There's no interest rate and no fixed maturity date.
How is the cost calculated?
With a factor rate. A $100,000 advance at a 1.30 factor means $130,000 in purchased receivables. Your offer also shows an estimated annualized cost so you can compare it to a loan.
What's a holdback?
The percentage of your daily or weekly sales remitted toward the purchased amount. Because it's a percentage, remittances go down when sales go down.
Can I pay early?
Depends on the product. Term loans can be prepaid. Some advances offer a discount for early payoff. It's stated in your offer.
Will checking my rate hurt my credit?
No. Seeing your terms requires no hard credit pull. A partner may run a hard inquiry only after you accept an offer, and we tell you first.
Can I renew?
Often, yes, once a meaningful share of the current advance is paid down. Renewals run from the same dashboard with no new application.
Get funded today
Connect your accounts and see your real offers in minutes. Up to $5 million, funded the same day.