Documents Needed for a Merchant Cash Advance
A practical checklist of what funders require so you can prepare and speed up your application.
One of the reasons MCAs are faster than traditional bank loans is the minimal documentation required. Most funders use automated underwriting to make decisions quickly. Here's what you'll typically need to provide.
Bank Statements
Most funders require 2-4 months of business bank statements. They look at:
- -Average daily balance (not just ending balance)
- -Consistent revenue deposits
- -Any returned payments or NSF fees
- -Regular operating expenses
Tip: Upload PDF statements directly from your bank. Screenshots are harder to verify.
Credit Card Processing Statements
If you accept credit cards, funders want to see your processing history:
- -3-6 months of processing statements
- -Monthly processing volume
- -Average ticket size
- -Chargeback history
Processing statements matter more than bank statements for MCA decisions. Strong, consistent processing = better offers.
Government ID
A valid driver's license or passport to verify your identity. This is required for compliance and to prevent fraud.
Business Documentation
Depending on your business structure, funders may ask for:
- -Business license or registration
- -EIN letter from the IRS
- -Articles of Incorporation (for LLCs/Corps)
Optional But Helpful
These aren't always required, but having them ready can help you qualify for better terms:
- -Recent business tax returns (optional)
- -Commercial lease agreement
- -Accounts payable/receivable reports
- -Business debt schedule
Ready to Apply?
Gather these documents and complete your application in under 5 minutes.
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