Term Loans and MCAs offered through CAN Capital range from $2,500 – $250,000. Term Loan offers terms that range from 6 months to 18 months. With MCA, terms^^ and payment amounts adjust with your payment card sales.
^^The estimated turn of a MCA is the period of time estimated, at underwriting, that it will take to collect the total amount of future receivables that it purchases of the business’s daily card sales. MCA turn can only be an estimate because the dollar amount collected against the total receivables on any given day fluctuates with the business’ fluctuating card sales volumes, and MCA has no set term, maturity date or fixed or minimum payment amounts.