MCA(B)
Loan Details
MCA(B) 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: 5 – 12 months
- Buy Rate: Starting at 1.09
- Revenue Requirement: $10k
- Time in Business: 4+ months
- Credit: None
- Restricted States: None
- Restricted Industries: None
- ADB/Neg Days: N/A
- Fees: N/A
- Prepays: Discounts available
- Commission: Up to 15 points