Merchant Cash Advance & Revenue-Based Funding for NC Restaurants
A merchant cash advance is the fastest restaurant capital you can get — funded in 24 to 48 hours, with credit profiles starting around 500. It’s also the most expensive product in the menu when you do the math, which is why we’re upfront about when it makes sense and when it doesn’t.
We won’t talk you into an MCA when working capital would do the job. But when the situation calls for it — emergency repair, lost-deal pressure, credit that doesn’t qualify elsewhere — MCA can be the right tool, and we’ll tell you exactly what it costs. It’s one option in our full lineup of restaurant financing for North Carolina operators, matched to your situation rather than ours.
How a Factor Rate Works
The cost on an MCA isn’t quoted as an interest rate. It’s quoted as a factor rate — a multiplier on the advance.
Example: $50,000 advance at a 1.25 factor = $62,500 total repayment. The $12,500 difference is the cost of capital.
The reason factor rates aren’t directly comparable to interest rates is the speed of repayment. Most MCAs repay over 6 to 12 months in daily or weekly remits, which means the effective annualized cost is much higher than the headline factor implies. We translate factor into effective annualized cost so you can compare it against a working capital loan honestly.
When MCA Is the Right Tool
A few situations where MCA makes more sense than a traditional loan:
- Speed matters more than cost — equipment failure, lost-deal pressure, an opportunity that closes in 48 hours
- Credit profile doesn’t qualify for working capital — but card volume and bank balance are strong
- Short bridge between revenue events — coastal NC restaurants between off-season and peak, for example
If none of those apply, we’ll route you to working capital instead.
Daily / Weekly Remits — Flexes with Sales
Repayment is typically a fixed percentage of daily or weekly card receipts — 8 to 15% is the common range. Slow days remit less. Big days remit more. The total is fixed, but the daily cash hit flexes with sales. For a restaurant with serious volume swings, that flexibility is part of the value.
Transparent on Cost
Every MCA quote we send shows the advance, the factor rate, the total repayment, the daily or weekly remit, and the effective annualized cost. If there’s a fee, you see it. If a working capital path is cheaper, we say so before the docs come out.