MCA(A)
Loan Details
MCA(A) Loan Details
Working Capital Financing is a type of funding where businesses can get capital now in exchange for a percentage of future sales.
Benefits: Funding within 24 hours, high approval rates.
Considerations: Generally higher interest rates, shorter repayment terms.
- Dollar Amount: $5K – $1.5mm
- Terms: 12 – 36 Months
- Buy Rate: Starting at 1.09
- Revenue Requirement: 15k
- Time in Business: 2+ Years
- Credit: 640 FICO
- Restricted States: N/A
- Restricted Industries: N/A
- ADB/Neg Days: N/A
- Fees: None
- Prepays: Discounts available
- Commission: 10 points