Step 3 of 4
Choosing an MCA? Protect Yourself.
If an MCA is your only option, here's how to get the best deal and avoid the worst traps.
DO This
- Compare at least 3 different MCA offers
- Calculate the effective APR for each offer
- Ask for percentage-based holdback (not fixed daily)
- Read every page of the contract
- Ask: 'What is the TOTAL amount I pay back?'
- Check the company's reviews and complaints
DON'T Do This
- Sign a Confession of Judgment
- Accept the first offer you get
- Let anyone rush you into signing
- Agree to a blanket UCC lien if possible
- Take more than you need
- Stack multiple MCAs
Red Flags. Walk Away If You See These
They won't tell you the total payback amount
They require a Confession of Judgment
They pressure you to sign today
They won't explain fees in plain English
They want fixed daily ACH (not percentage)
They require a personal guarantee on everything you own
They won't give you the contract to review overnight
They have lots of complaints on BBB or Trustpilot
Got an MCA offer? Check the real cost.
Plug in the numbers and see what you'll actually pay.
Open MCA Calculator