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Merchant Cash Advance

What is Merchant Cash Advance?

Mechant Cash Advance targets SMEs with electronic payment acceptance.

Immediate cash for a share of merchant’s future revenue.

The advance amount is determined by historical payment volumes and the merchant’s risk profile.

The repayments are automatically withheld and repaid avoiding any impact on the SMEs business operation.

Why oCap?

We understand the payment eco-system as well as the lending industry.

We think products from the client and also understand the needs of the other participants in the eco-system.

oCap’s platform is easy to integrate for payment companies looking for new service offerings. At the same time offering a seamless and frictionless experience of the borrowers from loan application until repayment.

Our financing solutions are responsible, sustainable, flexible and affordable. We are here to help and not to trick you out.

Settles funds T+1
to the acquirer

Settle funds minus
agreed repayment and
interests

Settle funds minus
agreed repayment and
interests

CARD SCHEMES

ACQUIRER

PAYMENT SERVICE PROVIDER

MERCHANT

settle repayment
& interest payments

  • oCap provides merchant with the liquidity against their future payments receivables for up to 12 months at flexible interest rates

  • Merchant does not need to provide collateral's

  • Repayments are automatically deducted from settlement by the acquirer or payment facilitator

Do You Qualify for Merchant Cash Advance?

ACRA-registered business

You need to have an Accounting and Corporate Regulatory Authority (ACRA) registered business for at least 24 months

Registration with an accredited payments processor

You need to be registered with an accredited payments processor for at least 6 months to accept credit and debit card payments

Reputable business

You need to have a reputable business with cleared AML/KYC checks on directors and owners

Business entity

Your business needs to be a Private Limited Company

Banking arrangements

You need to have a corporate bank account

Shareholder requirements

Your major shareholder (greater than 30%) needs to be Singaporean or a Singapore Permanent Resident

Fast Facts

Financing Amount

Based on your historical net settlement volumes, withholding ratio and risk profile

Flexible Terms

Between 3 to 12 months

Credit Approval Process

Almost instant; disbursement will take place the next business day

Merchant Cash Advance Utilization

Business growth and expansion

Get the funding you need from accounts receivable financing to fill your customers’ invoices, and accelerate the growth of your business.

Emergency purposes

Get the funding you need from accounts receivable financing to fill your customers’ invoices, and accelerate the growth of your business.

Stock up on seasonal inventories

Utilize the immediate capital from an AR credit line to cover virtually all business expenses in between invoicing a customer and getting paid.

Quick disbursement

Utilize the immediate capital from an AR credit line to cover virtually all business expenses in between invoicing a customer and getting paid.

Improvements to business

Hire more staff, purchase more materials, and take on more customers faster, because you don’t have to wait to get paid.

Business Opportunities

Hire more staff, purchase more materials, and take on more customers faster, because you don’t have to wait to get paid.