Fuel Your Business Growth with Flexible Finance from Wise Payments
At Wise Payments, we understand the challenges small and medium businesses face when seeking fast, flexible funding. That’s why ourMerchant Cash Advance (MCA)is one of our most popular alternative finance solutions — giving you quick access to working capital without the red tape of traditional loans.
Why Us
Flexible Funding Options
Choose from solutions that match your business goals: - Business Line of Credit up to $250,000 - Term Loans – up to $1,000,000
Lower Credit Requirements
We work with a wide range of credit profiles: Accepts personal credit scores as low as 625 Focus on cash flow and revenue, not just credit history
Convenient Application Process
Apply your way—fully online or face to face: Sync your bank or upload statements Quick decisions and fast funding via wire transfer
Key Features
Funding Speed
Rapid access to capital – funds are typically disbursed within 24 to 72 hours, with some approvals and payouts occurring on the same business day. Ideal for urgent cash flow needs.
Repayment Terms
Short-term repayment cycles ranging from 6 to 18 months. Payments are usually made daily or weekly and are structured to align with your business’s cash flow patterns.
How we work
Application
Submit a straightforward application to kickstart the process. We aim to make the application process quick and hassle-free.
Evaluation
Our team evaluates your business's performance, focusing on factors such as daily sales, overall revenue, and cash flow.
Approval and Funding
Once approved, you receive the funding directly into your business account. Use it as a fuel your business growth initiatives.
Factor Rate (not APR)
Costs are calculated using a factor rate, commonly between 1.2 and 1.5. For example, borrowing $10,000 at a 1.3 factor rate means repaying $13,000. Unlike interest, this is a fixed cost agreed upfront.
Covers a Range of Needs
- Short-term cash flow gaps
- Purchasing inventory
- Emergency repairs or expenses
- Seasonal business boosts
- Business upgrades or refurbishments
- Consolidating or paying off existing debts
What’s the Upside?
Unlock smart financing with multiple advantages designed for growing businesses:
Empowering Business Growth
Factor Rate (not APR)
Costs are calculated using a factor rate, commonly between 1.2 and 1.5. For example, borrowing $10,000 at a 1.3 factor rate means repaying $13,000. Unlike interest, this is a fixed cost agreed upfront.
Collateral Requirement
No physical assets or property are required to secure the funding. This unsecured option is especially valuable for businesses that lack sufficient collateral or prefer to avoid asset risk.
Credit Score Requirements
Designed to support businesses with less-than-perfect credit. Approvals are based more on cash flow and business performance than high credit scores, making it accessible for a wider range of small to mid-sized businesses.