Merchant Cash Advance Agreement Template

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Sample

Merchant Cash Advance Agreement Template

Printable | Editable Form




Merchant Cash Advance Agreement Template (1)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
Introduction:
This document outlines the agreement between the Lender and the Borrower regarding the provision of funds through a Merchant Cash Advance, effective as of [Contract Start Date].
Clause 1: Advance Amount
The Lender agrees to provide an advance amount of [Amount] to the Borrower.
Clause 2: Payment Terms
The Borrower agrees to repay the advance through a percentage of their daily credit card sales, specifically [Specify Percentage], until the total repayment amount of [Total Amount] is reached.
Clause 3: Fees
The Borrower shall pay a fee of [Fee Amount], which will be deducted from the advance at the time of disbursement.
Clause 4: Default
In the event that the Borrower defaults on repayment, the Lender reserves the right to pursue collection actions as per the terms specified herein.
Clause 5: Governing Law
This agreement will be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]
Merchant Cash Advance Agreement Template (2)
Between:
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
[Lender’s Phone]
[Lender’s Email]
And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
Introduction:
This agreement serves to set forth the terms and conditions under which the Lender will provide a Merchant Cash Advance to the Borrower, commencing on [Contract Start Date].
Clause 1: Amount of Advance
The Borrower will receive an advance in the principal amount of [Amount].
Clause 2: Repayment Structure
The repayment will be executed by deducting [Specify Percentage] of the Borrower’s daily credit card sales until the total repayment amount of [Total Amount] has been satisfied.
Clause 3: Charges and Fees
The Borrower agrees to pay the Lender a charge of [Fee Amount], payable directly from the advance.
Clause 4: Events of Default
Should the Borrower fail to meet these payment obligations, the Lender retains the right to initiate legal recourse as specified herein.
Clause 5: Jurisdiction
Any disputes arising from this agreement shall be settled under the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Lender]
[Name of the Lender]
[Signature of the Borrower]
[Name of the Borrower]

Form

Please complete the form below to create the Merchant Cash Advance Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Merchant Cash Advance Agreement Template

1. Merchant Information


2. Lender Information


3. Agreement Details


4. Payment Schedule

5. Additional Fees

6. Representations and Warranties

7. Disclaimer

8. Termination Clause

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Merchant Cash Advance Agreement Template

Printable | Editable Form




Merchant Cash Advance Agreement Template