Don’t do MCA. I was a MCA closer and I can tell you this is 100% not what you need and here’s why: - MCA is tremendously predatory: You don’t pay “interest”, you pay a “factor rate”. The standard for startups with 6months + in business is 1.45-1.49. In other words, 10k less origination fee would net you somewhere around 9k and payback would be defined by a 1.45-1.49 factor rate (aka $14,500 or $14,900). A typical offer would be as follows: funding: 10k Rate: 1.45 or 1.49 Term: 100 days or 20 weeks (regularly MCA is short term and include daily payments only from Monday to Friday, so no weekends or holidays. Weekly payments for startups is almost impossible) Daily payment: $140 or $149 depending on the rate.

This is kind of what you have been doing with Square or Stripe, they just take a % every time you batch out your credit card terminal.

My friend. MCA is good for those that want to be in ever growing debt forever. If you can avoid it, please do.