Merchant Cash Advance 2017-04-22T08:36:04+00:00

Merchant Cash Advance or Loan Against Card Swipes

Give Your Business Strength and Stability


Get loan on your Credit Card Receivables

What is Merchant Cash Advance or Loan Against Card Swipes?

Merchant Cash Advance or Loan Against Credit Card Swipes or Loan Against EDC Sales provides power to the retailers to take Loan Against Card Sales. These loans can also be helpful to merchants like you who want to acquire working capital to execute and expand business operations.

How to apply for Merchant Cash Advance?

Advantages of Loan Against Card Swipes?

☞ No security required

☞ Convenience of services at your doorstep

☞ Repay with easy EMI

Minimum Requirements for Loan Against EDC Swipes

Minimum Credit Card Swipes

Business Existence

3 Years

Minimum monthly card volume

₹ 1 Lakh

Minimum card acceptance vintage

1 Years


Above 700

Documents required for Merchant Cash Advance

Current Account Statement of 12 Months

VAT returns till the last financial received

PAN Card


Aadhar Card

1 charge Slip of all EDC terminals

Commercial Address Proof

Electricity Bill / Property Tax

6 Months Bank Statement

1 year EDC sale Bank Statement

Frequently asked questions

1.How can Loan Against EDC Swipes Help You?

If you have good Card sales on your store and you need extra funds to expand your business. Merchant Cash Advance or Loan Against EDC Swipes or Loan Against Card Swipes is the right choice for you.

2.How Does Merchant Cash Advance Works?

Based on your card sales over the last 1 years LegalRaasta will provide you Loans from the Financial Institutions who will give the maximum loan at lowest rates to expand your business. Then the Institutions will install 1 machine for card swiping. The machine will automatically send the instalment money to the institutions and the remaining amount will be credited to your account.

3.Do you have to provide any collateral, security or guarantors in Loan Against Card Swipes?

Offcorse not, at LegalRaasta you don’t have to provide any security, collateral or guarantee for getting a Merchant Cash Advance or Loan Against Credit Card Swipes or Loan Against EDC Sales. We will provide you the loan based on your financials.

4. How can you repay the Loan?

The Instalments of your loan will be automatically deducted from your card swipes every months.

5.What Will Loan Against Card Swipes or Merchant Cash Advance Cost?

The cost of Merchant Cash Advance or Loan Against Credit Card Swipes or Loan Against EDC Sales depends on following ways:
☞ How much is your card sales monthly
☞ How much Loan do you need
☞ The tenure of the loan
☞ What is your credit score of your company

6.Who Can Qualify For Merchant Cash Advance?

☞ Company vintage 3 years
☞ Company card sales history 1 year
☞ Minimum 6 settlements per month
☞ Minimum card volume per month ₹ 1 Lakh

See if you qualify

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What the press is saying about us

What our clients are saying?

1000+ Happy customers trust LoanRaahi Services


Best customer service!!

I am very satisfied with the services and business relation with LoanRaahi. It was easy and simple to get any information regarding loan from them. Timely disburse of loan and well described loan application are the key highlight of the company.

Gaurav Saini
Software Engineer at Manhattan Associates


Great Service & Speed!!

I had taken loan for the first time online. Instant assistance and patience from team LoanRaahi helped me apply and get loan easily. Will definitely recommend LoanRaahi for online loan.

Shikha Bhatia,
Founder, Shiksha Learning Academy


Lean and Simple Process!!

I had to just fill 1-one at LoanRaahi. They automatically searched across 50+ partner banks and NBFCs and gave the best deal to me. They saved me a lot of effort and cost.

Nitin Bhatia, COO, CaterWow Pvt. Ltd.