They look similar but aren't. Here's how an MCA and revenue-based funding differ for contractors.
From application to funding in four steps — most contractors complete it within a day.
Complete a short online application. It uses a soft credit pull that does not affect your score.
Approval is based on your last 3 months of business bank statements — not tax returns or the contract.
Review your amount and terms up front, with any fees disclosed before you accept. No obligation.
Sign and receive funds by ACH, often within 24 hours of approval.
How they compare.
| Feature | MCA | Revenue-Based |
|---|---|---|
| Cost | Factor rate ~1.2–1.5 | Often lower effective cost |
| Payment | Fixed daily/weekly or % | Flexes with deposits |
| Best for | Fastest, weakest credit | Most contractors |
| Speed | 24 hours | 24 hours |
Figures on this page are typical 2026 industry ranges provided for general information; your actual terms are set at application.
Figures and factor-rate examples shown are illustrative 2026 ranges and vary by underwriting; actual terms are set at application. A merchant cash advance is a commercial financing product, not a loan in all states. Product and company names referenced are the property of their respective owners.