[johnsawyer3rd@me.com]

I believe Merchant Cash Advance companies lessen the time allowed for payback of an advance according to a person's credit score. Does anyone have any specific knowledge of this trend.

[Regium]

There are no specific's for the trend because there are many factors for length of an advance, not only credit score

[Sean Cash]

I believe Merchant Cash Advance companies lessen the time allowed for payback of an advance according to a person's credit score. Does anyone have any specific knowledge of this trend.

I suspect there would be strong correlation between terms and FICO scores if you looked at the books of many funders. FICO is just one of many factors so a low FICO score may increase the probability that the terms on the deal are short, but it does not dictate it.

[J.Celifarco]

Every company has its own underwriting criteria when it comes to the length of a deal.. That said credit score has always affected the term no matter what bank it is. That has always been the case

[HGB]

A merchant's credit score has little to no affect on our terms. That is the benefit of working with a direct funder rather than a bank.

Holley
holley@capassist.com
913-324-5918