Merchant Cash Advance Blursoft – A Comprehensive Review 2023


Merchant cash advances have become an increasingly popular alternative financing option for small businesses in recent years. Unlike traditional small business loans, merchant cash advances provide funds quickly without requiring strong credit or collateral. The cash advance is repaid through a percentage of the business’s future credit card sales. While merchant cash advances can provide much-needed working capital, business owners need to understand how they work and evaluate providers like Blursoft carefully before signing an agreement. In this merchant cash advance Blursoft review content piece, we will review the merchant cash advance services of Blursoft to help business owners make informed decisions.

About Blursoft


Blursoft is a relatively new entrant in the merchant cash advance space having been founded in 2018. However, the company has quickly grown to become one of the top merchant cash advance providers in the industry. Blursoft is led by a team of finance executives who aim to provide small businesses with fast funding and flexible repayment terms tailored to their needs.

The company has its headquarters in New York and provides merchant cash advances to businesses across all industries nationwide. Blursoft has provided over $75 million in funding to date and has an A+ rating from the Better Business Bureau.

Blursoft Merchant Cash Advance Overview

Blursoft offers merchant cash advance amounts ranging from $5,000 to $500,000. Its advances do not require any collateral or personal guarantees. The application process is quick and easy with funds available in as fast as 24 hours once approved.

Repayment works through a fixed percentage of the business’s future credit card sales being deducted daily until the advance is paid back in full. The fixed repayment rate is tailored based on the company’s average monthly credit card sales. There are no fixed maturity dates or due dates. Businesses only repay when they generate sales.

The advantages of Blursoft’s merchant cash advance include:

  • Fast approvals and funding in 24 hours
  • No collateral or personal guarantees required
  • Fixed daily repayment from credit card sales percentage
  • No fixed maturity dates or due dates
  • Repay only when your business has sales
  • Maintain full control over your business

As with any financing, there are also some risks and downsides to consider with a Blursoft merchant cash advance review:

  • Expensive: The effective APR is typically between 30-60%
  • Daily repayments can vary significantly from month to month making cash flow unpredictable
  • No early repayment discounts
  • Potentially long repayment periods depending on sales
  • Blursoft Merchant Cash Advance Fees and Rates
  • When it comes to fees and rates, Blursoft is quite competitive in the merchant cash advance industry. Its pricing model works as follows:
  • Origination fee – Ranges from 1% to 4% deducted from advance total
  • Fixed repayment percentage – Typically starts around 15% of daily credit card sales
  • Factor rate – Ranges from 1.10 to 1.60. This determines the total amount to be repaid.

For example, for a $100,000 advance with a 1.40 factor rate, the total repayment would be $140,000. The origination fee is deducted upfront with the remaining $140,000 repaid through the fixed percentage of daily credit card sales.

The factor rate and origination fee will vary based on the risk profile of each business. Those with higher credit card sales and stronger credit profiles will qualify for lower factor rates and origination fees.

Compared to other providers, Blursoft’s rates are competitive for the merchant cash advance market. However, financing costs are still considerably higher than traditional bank loans.

The Pros of Blursoft Merchant Cash Advances

  • There are some compelling benefits that Blursoft offers compared to other merchant cash advance providers:
  • Quick funding – Blursoft prides itself on providing funding fast, often within 24 hours of approval. This enables businesses to get the capital they need quickly.
  • Flexible repayments – The fixed daily repayment percentage is tailored to each business based on its credit card sales history. This ensures affordability.
  • No fixed maturity date – Since there are no due dates or deadlines, repayments flex up and down each month based on sales. This reduces pressure.
  • No collateral required – Blursoft does not require any business or personal assets to secure funding. This makes qualification easier.
  • Maintain control – Because there are no personal guarantees, business owners maintain full control of their company.
  • Overall, Blursoft provides a fast and flexible merchant cash advance option. The lack of collateral and fixed maturities is advantageous for many businesses.

The Cons of Blursoft Merchant Cash Advances

  • While Blursoft merchant cash advances offer some attractive features, there are also some potential downsides to consider:
  • High effective interest rates – The equivalent APRs typically range from 30% to 60%. This is considerably more costly than traditional bank financing.
  • Repayment uncertainty – Since repayments vary based on daily credit card sales, it can be difficult to predict cash flow needs.
  • No early repayment discounts – Blursoft does not offer any discounts for early payoff, reducing flexibility.
  • Long repayment periods – For businesses with inconsistent sales, payback periods can stretch 6-12+ months.
  • Advances tied to credit card sales – Some businesses may not be comfortable having repayments tied to credit card receivables.
  • As with any financing decision, it is critical to run the numbers and evaluate the potential impact on your business’s finances. Blursoft merchant cash advances are not right for every business.

Eligibility and Application Process

To qualify for a Blursoft merchant cash advance, businesses must meet the following eligibility criteria:

  • Minimum 12 months in business
  • Minimum $15,000/month in credit card sales
  • Business must have valid credit card processor
  • No active bankruptcies or tax liens
  • At least fair personal credit of owners (600+ FICO)
  • The application can be completed fully online and requires submitting the following:
  • 2 months of business bank statements
  • The last 3 months of credit card processor statements
  • Tax returns for the past 2 years
  • List of owners and ownership percentages
  • Photo ID for each owner
  • Contact information for industry trade references

Blursoft states that initial decisions are made within 1 hour of submitting a complete application. If approved, final contracts can be signed electronically and funds wired in as fast as 24 hours. The easy application and rapid funding make their merchant cash advance product attractive to many businesses.

Should You Use Blursoft for Merchant Cash Advance?

Blursoft offers a straightforward merchant cash advance option that provides quick access to capital for businesses that qualify. While competitive for the industry, financing costs are still much higher than traditional bank loans. Business owners should consider the following before obtaining a merchant cash advance from Blursoft:

  • Do you need funding immediately? Is the urgency worth the higher cost?
  • Can your business afford the fixed daily repayment percentage being deducted from sales?
  • Are your profit margins high enough that losing 10-15% of sales to repayments is sustainable?
  • Do you have a solid handle on your cash flow needs and projections?
  • Have you shopped rates and terms with multiple merchant cash advance providers?

For businesses that need fast, unsecured capital and can afford the repayment costs, a Blursoft merchant cash advance can be a reasonable option. However, every business situation is unique. Prudent entrepreneurs will carefully consider both the benefits and risks before moving forward with this type of financing.


In summary, Blursoft provides a viable merchant cash advance solution for small businesses looking to quickly and easily access working capital. Their streamlined qualification and funding process combined with flexible repayment terms structured around credit card receivables are advantageous to many companies.

However, the high effective interest rates make merchant cash advances more expensive than conventional financing. Business owners should weigh the urgency of their need for funds versus the long-term costs before obtaining a merchant cash advance. Comparing options from multiple providers like Blursoft is recommended to find the best rates and terms. While not ideal for every situation, Blursoft’s merchant cash advances offer a reasonable financing solution for some small businesses in need of fast capital.

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