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CAN Capital Review 2026: Rates, Terms, and What to Expect

CAN Capital Review 2026: Rates, Terms, and What to Expect

Bar Alezrah
8 min read
April 3, 2026
Reviewed for accuracy. Based on real experience.

CAN Capital is one of the oldest merchant cash advance providers in the industry. The company has been operating since 1998, making it one of the pioneers of the MCA model. That long track record comes with both advantages and baggage.

This review covers what CAN Capital offers today, the costs involved, and the history you should know about before applying.

Company Overview

CAN Capital was founded in 1998, years before most of its current competitors existed. The company helped establish the merchant cash advance as a viable funding option for small businesses that could not access traditional bank loans. Over the years, CAN Capital has provided billions in funding to businesses across the United States.

However, the company's history is not entirely smooth. CAN Capital paused lending operations in 2015 and 2016 amid leadership changes, regulatory scrutiny, and financial difficulties. The company restructured, brought in new management, and resumed operations. Today, CAN Capital offers both merchant cash advances and small business loans.

The company serves a wide range of industries and is particularly known for working with businesses that process a significant volume of credit card payments.

Key Terms and Rates

Here is what you can expect from CAN Capital:

  • Factor Rates: 1.15 to 1.45
  • Funding Amounts: $2,500 to $250,000
  • Repayment Terms: 3 to 24 months
  • Holdback Percentage: 10% to 20% of daily credit card sales (for MCA products)
  • Payment Frequency: Daily holdback from credit card sales or daily ACH withdrawals
  • Funding Speed: 2 to 5 business days
  • Minimum Credit Score: 500
  • Minimum Monthly Revenue: $8,500
  • Time in Business: At least 4 months

CAN Capital's factor rates sit in the middle to upper range of the market. A factor rate of 1.45 means you repay $1.45 for every $1.00 you receive, which adds up quickly on larger advances.

Pros

  • Low credit score requirement. CAN Capital accepts credit scores as low as 500, making it accessible to business owners with damaged or limited credit history.
  • True MCA product available. Unlike some competitors that have shifted to lines of credit, CAN Capital still offers a traditional MCA with percentage-of-sales holdback repayment.
  • Wide funding range. Funding from $2,500 to $250,000 means CAN Capital can serve businesses with very different capital needs.
  • Industry experience. Over two decades in the business means CAN Capital has a refined underwriting process and understands the challenges small businesses face.

Cons

  • Regulatory history. The 2015-2016 lending pause and restructuring is worth noting. While the company has recovered, this history raises questions about operational stability.
  • Higher factor rates. Factor rates reaching 1.45 put CAN Capital at the expensive end of the market. On a $100,000 advance, that is $145,000 in total repayment.
  • Slower funding. At 2 to 5 business days, CAN Capital is slower than competitors like OnDeck (1-2 days) or Kabbage (same day). If speed is critical, this is a drawback.
  • Aggressive collection reports. Some borrowers have reported aggressive collection practices when payments are missed or delayed. Read your contract carefully, especially the default provisions.

Who This Is Best For

CAN Capital works best for businesses with lower credit scores (500 to 600) that process a meaningful volume of credit card transactions. If your business earns most of its revenue through card payments, the percentage-of-sales holdback model means your repayment adjusts naturally with your revenue. This is particularly valuable for seasonal businesses or those with fluctuating income.

It is also a viable option for businesses that have been turned down by more selective lenders like OnDeck or Fundbox.

Who Should Look Elsewhere

If you have a credit score above 625 and annual revenue over $100,000, you will likely get better rates from OnDeck or American Express Business Blueprint. If transparency and clear communication are your top priorities, CAN Capital's medium transparency rating and collection complaints suggest you should consider other providers first. Businesses that need funding within 24 hours should also look at faster alternatives.

How to Apply

  1. Visit the CAN Capital website or call their sales team.
  2. Complete the application with your business details, including monthly revenue and credit card processing volume.
  3. Provide recent bank statements and credit card processing statements (typically 3 to 4 months).
  4. Receive an offer with your factor rate, funding amount, and holdback percentage.
  5. Review the full contract carefully, paying close attention to default terms and collection provisions.
  6. If you accept, funds are deposited within 2 to 5 business days.

Our Verdict

CAN Capital fills an important gap in the MCA market. For business owners with lower credit scores who process credit card payments, it provides access to capital that many other providers would deny. The true MCA structure with percentage-of-sales holdback is also a genuine advantage for businesses with variable revenue.

But you pay for that accessibility. Factor rates on the higher end of the spectrum, slower funding, and a checkered corporate history mean you should approach CAN Capital with open eyes. The regulatory pause and collection complaints are not deal-breakers, but they are red flags that warrant extra caution.

If CAN Capital is your best or only option, make sure you understand every line of the contract before signing. Get the total repayment amount in writing, ask about what happens if you miss a payment, and compare their offer to at least one or two other providers.

Frequently Asked Questions

Is CAN Capital a legitimate MCA company?

Yes. CAN Capital has been operating since 1998 and is one of the oldest MCA providers in the industry. They did pause lending operations in 2015-2016 during a restructuring, but they have since resumed and continue to fund businesses today.

What credit score does CAN Capital require?

CAN Capital accepts credit scores as low as 500, making it one of the more accessible MCA providers for business owners with lower credit. However, lower credit scores typically result in higher factor rates.

How does CAN Capital's holdback work?

CAN Capital withholds 10% to 20% of your daily credit card sales until the advance is repaid. This means your payments automatically adjust with your revenue. On slower days you pay less, and on busier days you pay more.

How long does CAN Capital take to fund?

CAN Capital typically funds within 2 to 5 business days after approval. This is slower than many competitors, so if you need capital within 24 hours, you may want to consider faster alternatives like OnDeck or Fundbox.

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