Do I Qualify?
- “My personal credit history isn’t the best.”
- “I’ve only been in business a short time.”
- “If I don’t get a loan, what else can I do?”
Qualifying for a Merchant Cash Advance (MCA)
Attaining a Merchant Cash Advance (MCA) from Knight Capital Funding is fairly straightforward. Unlike lenders who focus heavily on personal credit history, our funding specialists consider business growth potential. What will you be doing, and how will business capital help you reach that goal?MCAs work by purchasing a portion of your business’s future accounts receivable. Our funding specialists work with entrepreneurs to get them the maximum amount of working capital possible, while taking great care not to over-leverage their enterprise.
When reviewing cash advance applications, we also look at two additional factors: Have you been operating for at least six months, and do you receive at least $10,000 in revenue per month?