Lending know-how
Merchant cash advance 101
What an MCA is, who the players are, the factor-rate math, remittance, fees, stacking and the core vocabulary.
8 lessons About 65 minutes For new brokers, reps, processors and anyone new to MCA
0 of 8 lessons complete
Start: What a merchant cash advance is (and is not)Progress is saved in this browser. Sign in to keep it across devices.
- 1What a merchant cash advance is (and is not) 7 min
- 2The players in an MCA deal and how each gets paid 7 min
- 3Factor rates and payback math, worked through 10 min
- 4Remittance: daily, weekly, split and lockbox 7 min
- 5The MCA deal lifecycle, from lead to renewal 8 min
- 6Fees, points, buy rate and sell rate 8 min
- 7Stacking, consolidation and reverse consolidation 9 min
- 8Core MCA terms, by stage of a deal 9 min