Frequently Asked Questions

Mz Advance is a business funding company that provides fast, flexible capital to small and medium-sized businesses. We offer Merchant Cash Advances, Revenue-Based Financing, Equipment Financing, and Working Capital solutions — with funding from $5K to $2M, often approved in 24 hours or less.

Banks require perfect credit, extensive paperwork, collateral, and take 30–90 days to process applications. We require minimal documentation (just 4 months of bank statements), have no minimum credit score, require no collateral, and can approve and fund your business within 24 hours. We look at your business performance, not just your FICO score.

Mz Advance is not a traditional lender. We provide merchant cash advances and revenue-based financing, which are purchases of your future receivables — not loans. This distinction means fewer regulations, faster approvals, and more flexibility for your business. For Equipment Financing, we work with our network of lending partners to secure the best rates.

No. We perform a soft credit check during the application process, which does not affect your credit score. You can apply with zero risk to your credit rating.

Our basic requirements are simple: at least 4 months in business, $10K+ in monthly revenue, and an active business bank account. There is no minimum credit score for most of our products. For Equipment Financing, we ask for 12 months in business, $25K+ monthly revenue, and a credit score of 550+.

Yes! We look at your business revenue and performance, not just your personal credit score. Many of our clients have been turned down by banks due to credit issues. If your business generates consistent revenue, you likely qualify.

For most products, we only need your last 4 months of business bank statements and a completed application. No tax returns. No financial statements. No business plans. The entire application takes about 5 minutes.

We require a minimum of 4 months in business with verifiable revenue. If your startup has been operating for at least 4 months and generates $10K+ in monthly revenue, you may qualify. Brand-new businesses without revenue history are not eligible at this time.

We fund businesses across virtually every industry — restaurants, trucking, construction, healthcare, retail, e-commerce, beauty, auto repair, professional services, manufacturing, and more. If your business generates consistent revenue, contact us to discuss your options.

Most businesses are approved within 24 hours and funded the same or next business day. Some applications are approved in as little as 4 hours. Equipment financing typically takes 48–72 hours due to additional underwriting.

Funding amounts range from $5K to $2M depending on the product. MCA and Working Capital offer $5K–$500K, Revenue-Based Financing offers $10K–$750K, and Equipment Financing supports up to $2M. Your specific amount depends on your business revenue, time in business, and other factors.

It's simple: 1) Fill out our 5-minute online application, 2) Upload 4 months of bank statements, 3) A funding specialist reviews your application and contacts you with an offer — usually within hours, 4) Accept your offer and receive funds in your bank account. That's it.

Absolutely not. Applying and receiving an offer is completely free with no obligation. You can review the terms, ask questions, and decide if the offer works for your business. There's zero pressure.

For MCA, Revenue-Based Financing, and Working Capital — no collateral is ever required. For Equipment Financing, the equipment itself serves as collateral, so no additional assets are needed.

For MCA and Revenue-Based Financing, a small fixed percentage is automatically deducted from your daily or weekly sales. When business is slow, you pay less. When it's busy, you pay more and finish faster. For Working Capital, payments are typically weekly or bi-weekly. For Equipment Financing, you have fixed monthly payments over 12–60 months.

Yes! We offer prepayment discounts across all our products. If you pay off your balance early, you'll save money. There are no prepayment penalties. Talk to your funding specialist about your early payoff discount.

Absolutely. Once you've repaid 60% of your current balance, you're eligible to renew — often with better rates and higher amounts. Many of our clients are on their 3rd, 4th, or 5th round of funding. The renewal process is even faster than the initial application.

No. We believe in complete transparency. All terms, costs, and repayment structures are clearly explained in your agreement before you accept. There are no origination fees, no application fees, and no hidden charges. What you see is what you get.

An MCA provides your business with a lump sum of capital in exchange for a percentage of your future sales. It's not a loan — it's a purchase of your future receivables. This means no fixed monthly payments, no collateral, and payments that automatically adjust based on your daily sales volume. Best for high-volume sales businesses.

While both are based on your business revenue, Revenue-Based Financing typically offers higher amounts ($10K–$750K vs $5K–$500K for MCA) and more flexible remittance schedules (daily or weekly). It's ideal for growing businesses with steady revenue who want higher funding amounts with repayment terms of 4–18 months. Early payoff discounts are also available.

You can finance virtually any type of business equipment: machinery, commercial vehicles, construction equipment, medical equipment, restaurant equipment, technology/computers, manufacturing equipment, office furniture, and more. We can finance up to 100% of the equipment cost, with terms from 12 to 60 months. The equipment itself serves as collateral.

Working Capital can be used for virtually any business purpose: bridging cash flow gaps, covering payroll, purchasing inventory, marketing campaigns, renovations, seasonal expenses, seizing time-sensitive opportunities, or anything else that helps your business grow. There are no restrictions on how you use the funds.

It depends on your needs: MCA is best for high-volume sales businesses needing quick capital. Revenue-Based Financing is ideal for growing businesses wanting higher amounts. Equipment Financing is perfect for purchasing machinery, vehicles, or technology. Working Capital is great for cash flow gaps and opportunities. Not sure? Talk to a specialist — we'll help you find the perfect fit in under 10 minutes.