Company overview
HQ · Salt Lake City, UT
Snap Advances is a direct Merchant Cash Advance (MCA) funder that provides working capital to small businesses with rapid funding—typically within 3 to 5 days. It emphasizes business performance over personal credit and offers advances ranging from about $9,000 to $250,000. Based in Salt Lake City, UT, Snap Advances positions itself as the actual funder, not a broker.
Company focus
- Headquarters
- Salt Lake City, UT
- Founded
- 2009
- Employees
- 11-50
- Specialties
- fast funding (3–5 days), works with new businesses (lower first advance), ACH or card split remittance, renewals available after 50% repaid, nationwide coverage
Reported eligibility
- Reported score (scale not specified)
- 30
- Time in business (months)
- 0
Funding & terms
- Funding from
- $9,000
- Funding up to
- $250,000
Third-party reputation
- Reported research
- BBB A+ rating (not accredited); Trustpilot profile exists; no regulatory actions found.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.