MCA Funders

Merchant cash advance (MCA) providers purchase a fixed amount of a business’s future receivables at a discount, collected through daily or weekly remittances. For businesses that cannot access bank credit — or need capital in 24–48 hours — MCA is often the only available product. It is also the least transparent corner of commercial finance, with effective costs frequently exceeding 50–100% APR-equivalent once factor rates, origination fees, and short terms are computed honestly.

The MCA market runs through ISOs (independent sales organizations) who broker deals to funders, with commissions of 1–12+ points baked into pricing. Merchants rarely know who the actual funder is, what the true cost of capital is, or how the funder behaves on renewals, stacking, and defaults — including aggressive collection tactics like UCC lien blasts to a merchant’s customers. Reliable, public reputation data on MCA funders is essentially nonexistent.

LendLedger profiles MCA funders with verified identity, merchant and ISO ratings, review counts, and review-sourced conduct flags. Reviews document what actually matters: whether funded amounts matched approvals, how renewals were priced, whether the funder honored payoff letters, stacking behavior, and collection conduct. Curators moderate every review, and funders cannot pay for removal.

If you are a merchant, use this directory to identify who is actually funding your deal and what past merchants experienced. If you are an ISO, use funder ratings to protect your merchant relationships from funders whose behavior generates clawbacks and churn. A free account unlocks full review histories.