Merchant Cash Advance and Small Business Funding in Monroe County, New York

A merchant cash advance (MCA) provides you with a cash lump sum. Instead of a fixed monthly payment, the funder takes a set percentage of your daily credit card sales or bank deposits until the amount is repaid. This can be helpful if your revenue fluctuates - payments adjust with your sales.

For example, if you receive a $10,000 advance with a factor rate of 1.2, you would repay $12,000 total. The cost is agreed upfront, not as a variable APR. It's important to read the terms carefully and understand how the repayment works for your specific cash flow.

Beyond merchant cash advances, our network of vetted funding partners offers several options: working capital loans for day-to-day expenses, equipment financing to purchase or lease machinery, business lines of credit for flexible access to funds, and invoice/receivables funding to unlock cash tied up in unpaid bills.

Each option has its own structure. A line of credit might work better if you need ongoing access, while equipment financing is tied to specific assets. We help you match with funders that offer what you're looking for, without charging you a fee.

Monroe County is home to a diverse economy. We work with small businesses in common local sectors: restaurants and food service in Rochester's neighborhoods, retail shops in Pittsford and Webster, trucking and logistics companies, construction contractors in Greece and Penfield, auto repair shops in Henrietta, salons and barbershops across the county, medical and dental practices near the University of Rochester, and e-commerce sellers shipping from Monroe County warehouses.

No matter your industry, if your business has steady revenue and you've been operating for a while, there may be funding options available.

A merchant cash advance can be a fast funding solution, but it's important to understand the total cost. The funder uses a factor rate (e.g., 1.2) to determine the total repayment amount. For illustrative purposes, a $10,000 advance at a 1.2 factor rate means repaying $12,000 - that $2,000 is the cost. There is no traditional APR, but the cost can be higher than a bank loan.

We recommend you read the contract carefully, ask about any additional fees, and make sure the daily or weekly payments fit your cash flow. If your sales drop, the payment percentage adjusts, which can be a benefit - but always know the terms before you sign.

Getting matched is free and takes just a few minutes. You fill out a short form about your business - typical factors include how long you've been in business (most funders like 6 months or more), average monthly revenue, and your industry. There's no credit check just to get matched, though funders may check credit later.

Once submitted, our system matches you with vetted funding partners who offer the type of funding you're looking for. You review the offers, ask questions, and decide if anything is right for you - no obligation, ever.