Last Updated: 04/18/2025
Breakout Capital Merchant Cash Advance
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Last Updated: 04/18/2025
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Highlights
Factor Rate
1.13 - 1.35
Amount Range
Up to $1,000,000
Minimum Revenue
$10,000
APR (Fee-Based Product)
13% - 35%(Verified 06/21/2024)
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Breakout Capital Merchant Cash Advance Review
Breakout Capital Merchant Cash Advance is offered by Breakout Capital, a direct lender founded in 2015 and based in McLean, VA. Breakout Capital Merchant Cash Advance are available in 50 states and Washington, DC.
Breakout Capital Merchant Cash Advance FAQ
What APRs does Breakout Capital Merchant Cash Advance offer?
The cost of merchant cash advances is typically marketed as a factor rate, not an APR. Breakout Capital offers merchant cash advance with a factor rate starting from 1.13 to 1.35 . The higher the factor rate, the higher the fees. For example, an advance of $20,000 with a factor rate of 1.25 will have a total repayment of $25,000, which includes $5,000 in fees.
However, we ran the numbers and we estimate it has an equivalent APR that ranges from 13% APR up to 35% APR. Does Breakout Capital Merchant Cash Advance charge prepayment fees?
No, Breakout Capital Merchant Cash Advance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the Breakout Capital Merchant Cash Advance off early.
What types of repayment method does Breakout Capital Merchant Cash Advance accept?
Breakout Capital Merchant Cash Advance accepts the following repayment method from the Merchant:
- Split withholding
- ACH withholding
How often does Breakout Capital Merchant Cash Advance process payments?
Breakout Capital Merchant Cash Advance processes payments daily based on your business's credit card transactions. This means that a percentage of your transactions will automatically be sent to Breakout Capital Merchant Cash Advance as payment for your cash advance until the full amount is paid.
Does Breakout Capital Merchant Cash Advance charge an origination fee?
Yes, Breakout Capital Merchant Cash Advance charges a origination fee of 1% to 5% of the total amount advanced starting at $395 Breakout Capital Merchant Cash Advance deducts the fee directly from your merchant cash advance amount before disbursing merchant cash advance proceeds, so make sure you take this fee into account when deciding how much you need to borrow.
What is the minimum repayment amount required by Breakout Capital Merchant Cash Advance?
There is no minimum repayment amount.
What is the estimated funding time for a merchant cash advance via Breakout Capital Merchant Cash Advance?
Breakout Capital Merchant Cash Advance can fund your merchant cash advance within 1 business day of approval.
What are the business financing requirements for Breakout Capital Merchant Cash Advance?
To apply for Breakout Capital Merchant Cash Advance, you need to provide the following business documentation:
- Business license
- Business bank account
What do you need to qualify for Breakout Capital Merchant Cash Advance?
Applicants with a credit score of at least 600 and up to 850 may be eligible for Breakout Capital Merchant Cash Advance. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Breakout Capital Merchant Cash Advance does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens with a U.S. tax identification number are eligible to apply for the services offered by Breakout Capital Merchant Cash Advance.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Bank account information
- Business formation documents
- Proof of identity
- U.S. tax identification number
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed