Since we started this program, a lot of ISOs have requested more information. These are our current guidelines for the default program.

We now offer a “default program” for merchants who defaulted on MCA in the past and are looking to build back their payment history and credibility. There’s minimal underwriting required as follows:
• Approvals range between $5,000 - $20,000
• Maximum term: 40 days @ 1.49
• Min revenue $50,000 a month, with semi decent balances
• Good AR, national bank, and credit cards are always a plus
• 4 points commission, charge your fee on top

We will not fund if:
• Merchant has a questionable/illegitimate business
• Merchant defaulted out the gate
• Merchant defaulted in the last 3 months
• Merchant has no explanation on the default or COJ filed
• Merchant is heavily still paying other advances

If you have a file that is good for this program please send to:
: defaults@midnightadvance.com :
you can send together with DL and VC so that we can already generate contracts as we approve the file. Please sell our offer before submitting. These files move quickly to the funding gate.


About Midnight Advance: we fund high risk paper, as you can see us in statements. We are (realistically) funding as high as $250k, same day, no stips. Renewals can reach $500k.

The default program is not our primary focus, we focus on funding good deals that need quick, big, no-pain approvals. The default program is for ISOs who want to turn their defaults into small quick commissions.