A merchant cash advance provides upfront funding in exchange for a percentage of your future receivables. An MCA is similar to invoice factoring but relies on the overall strength of your average business checking deposits, rather than specific invoices. A funding company processes your application and determines the amount they are comfortable advancing to you. Once approved, funds can be deposited to your business checking account the very same day. Payment can be made via automatic ACH or by splitting from your credit card processor, and may be taken daily, weekly, bi-weekly or every time you batch your credit card sales.