Frequently Asked Questions

A merchant cash advance (MCA) is a financing arrangement where a funding company purchases a portion of your future receivables at a discounted rate. Unlike a traditional loan, there are no fixed monthly payments — you repay as a percentage of your daily revenue.

No. An MCA is legally structured as a sale of future receivables, not a loan. This means it's not subject to state usury laws that govern interest rates on loans. The cost is expressed as a "factor rate," not an interest rate.

MCA cost is expressed as a factor rate, typically between 1.10 and 1.50. If you receive $50,000 with a 1.35 factor rate, you repay $67,500. The factor rate depends on your revenue, time in business, credit profile, and industry.

Most approvals require: 6+ months in business, $10,000+ in monthly revenue, a 500+ personal credit score, and a valid business bank account. We fund most industries, with some restrictions for high-risk sectors.

Yes. Credit is one factor, but not the primary one. We focus heavily on your business's revenue performance and banking activity. Businesses with credit scores as low as 500 can and do get approved.

Businesses with 6+ months of operating history and a track record of consistent deposits are generally eligible. Businesses under 6 months old typically do not qualify for our standard products.

We fund most industries including restaurants, retail, healthcare, construction, transportation, automotive, professional services, and more. We have restrictions on adult entertainment, gambling, cannabis, and a few other high-risk sectors.

For most approvals, you only need: your last 3 months of complete bank statements (all pages), a voided business check, and a copy of your government-issued ID. Larger amounts or certain industries may require additional documentation.

No. We perform a soft credit pull during the application review, which does not impact your credit score. A hard pull is only conducted if and when you formally accept a funded offer.

Most applicants receive a funding decision within 4 business hours of submitting a complete application. Funding is wired to your account within 1–3 business days of contract signing. Many clients receive same-day funding.

We can work with stacking situations depending on your current balance and revenue levels. Any existing advances must be disclosed on your application. Our underwriting team will review your total payment burden and structure an offer accordingly.

Repayment is typically made through a fixed daily or weekly ACH debit from your business checking account. The amount is set when you sign your contract and does not fluctuate based on your actual revenue (unlike true revenue-based financing).

Standard MCA repayments are fixed and will continue during slow periods. Some of our funding partners offer modified holdback structures tied to credit card processing volume, which do flex with your sales. Ask your advisor about this option.

Yes. Most of our funding partners allow early payoff. Some will offer a discount on the remaining balance for early settlement. Ask your advisor to confirm the prepayment terms for any offer you receive.