Same-Day Funding
Same-day funding delivers MCA proceeds to the merchant on the same business day as contract execution — the speed standard differentiating top MCA funders and central to MCA's 'speed advantage' over traditional commercial lending.
Why This Matters
Same-day funding requirements: morning approval and contract execution (typically required by 11am-1pm depending on bank cutoffs), automated funding workflow, and bank wire processing within same business day. Funders achieving consistent same-day funding require sophisticated technology infrastructure, dedicated funding operations teams, and tight integration with payment processors. Same-day funding particularly valuable for time-sensitive merchant capital needs (inventory opportunities, equipment availability, payroll coverage). Cost premium minimal — same-day execution typically priced same as next-day execution by competitive funders.
Frequently Asked Questions
Frequently Asked Questions
What's the cutoff time for same-day funding?
Typically 11am-1pm Eastern for contract execution to enable same-day wire processing. Cutoff times vary by funder based on banking relationships and operational scale. Late afternoon contract execution typically defaults to next-day funding.
Do funders charge premium for same-day funding?
Most competitive funders include same-day funding capability without explicit premium. Differentiation through speed rather than pricing. Some specialty operators charge expediting fees for unusual circumstances (after-hours processing, weekend funding).