What Is a Merchant Cash Advance in Canada?
A merchant cash advance (MCA) gives your business a lump sum of working capital. Technically it isn't a loan at all: Trade Wings Capital purchases a portion of your future sales (receivables) at a fixed, agreed price, and you deliver that portion as sales come in — payments that flex with your cash flow instead of a fixed bank schedule. For Canadian owners who need capital this week — not after a six-week underwriting process — it has become one of the most practical funding tools available.
How it works
The mechanics are simple. A funder advances your business a lump sum — at Trade Wings Capital, anywhere from $5,000 to $500,000. Payments are structured around your business's actual cash flow, so they breathe with your sales rather than demanding the same payment in your slowest month as in your best one.
The entire process is built for speed:
- Apply in minutes — a short pre-qualification, online or right in chat with Jordan on our site.
- Approval within hours — our team reviews your last 3 months of business bank statements.
- Funds in as little as 24 hours — deposited directly to your business bank account.
Who qualifies in Canada
The typical approval profile is refreshingly attainable:
- Canadian citizen or permanent resident business owner
- 6+ months in business
- $10,000+ in average monthly revenue
- Credit score from around 500 — and a past bankruptcy doesn't automatically disqualify you
Notice what's not on the list: collateral. MCAs are unsecured, which is a major difference from most bank products.
When an MCA makes sense
An MCA shines when timing is the constraint: seasonal inventory you need to buy now, equipment that just broke, a payroll bridge while invoices clear, or a marketing push ahead of your busy season. When you have months to wait and pristine credit, a bank term loan may cost less — see our comparison of MCA vs. business loan for an honest breakdown.
What it costs
Every offer is specific to the business, so beware of anyone quoting a universal rate. At Trade Wings, your specialist walks you through your offer's full full payment schedule before you accept — with no obligation at any point. Questions first? Our FAQ covers the details, or call 1-866-519-WINGS.