Merchant cash advance
A lump sum advanced against future card sales, repaid as a fixed percentage of daily settlements.
Understand the cost before you sign
A merchant cash advance is not a loan and is not quoted as an interest rate. You receive an amount now and repay a larger fixed amount by handing over a set percentage of each day's card sales until it is cleared. That structure can be genuinely useful for a short, defined need — and expensive if used as ongoing working capital. Before signing anything, work out the total dollar amount you will repay and the realistic number of months it will take.
VOXEPAY LLC is not a lender and does not provide financial, legal or tax advice. Funding products are provided by third-party funders under their own terms. Review any agreement carefully, and consider having an accountant or attorney look at it before you sign.
How the setup works for your account
Repayment follows sales
Slow weeks mean smaller deductions. The percentage stays fixed; the daily amount moves.
Speed
Decisions are typically fast because the underwriting is based on processing history.
No fixed monthly instalment
There is no set payment date to miss, though the deduction happens on every batch.
Card-history based review
Consistent processing volume matters more than a long credit history.
Questions to ask before accepting
What is the total repayment?
Ask for the exact dollar figure you will repay, not a factor rate in isolation.
What percentage of daily sales?
Model it against a slow month, not an average one, and check the business still covers payroll.
What happens if I refinance?
Stacking a second advance on top of a first is where merchants most often get into trouble.
Common questions
No. It is a purchase of future receivables, which means it is structured and regulated differently from a business loan. That distinction affects your rights, so read the agreement.
Repayment is taken from your card settlements, so your daily deposit is reduced by the agreed percentage.
Generally no. Advances are designed for a defined short-term need. Using one to cover a recurring shortfall usually makes the shortfall worse.
See what your processing should actually cost
Send a recent statement, or your monthly volume and average ticket. You get a written breakdown back — no commitment.