H W Group LLC, Looking for capital for Merchant Cash Advance Business. Investment range
$103,550 - $209,100
Revenue potential
$80,000 - $500,000 p.a.
Time to build
1 - 3 months
Profit potential
$40,000 - $250,000 p.a.
Industry trend
Growing
Commitment
Full-time
Industry size and growth
- Industry size and past growth – The MCA industry in the US doubled in five years to reach $19 billion in 2019, according to investment bank Bryant Park Capital.[1]
- Growth forecast – Globally, the merchant cash advance market is predicted to perform strongly and surpass $1 trillion in market size by 2028, according to analyst Adroit Market Research.[2]
- Number of businesses – In 2019, there were more than a thousand MCA providers across the US, according to financial advisor Money Thumb. The number is expected to be higher now as the industry is growing rapidly.[3]
- Here’s what your investment will cover:
Start-up CostsBallpark RangeAverageSetting up a business name and corporation | $150 - $200 | 175
Business licenses and permits | $100 - $300 | 200
Business cards and brochures | $200 - $300 | 250
Insurance | $100 - $300 | 200
Capital | $100,000 - $200,000 | $100,000
Equipment and cash advance software | $2,000 - $5,000 | 3500
Website setup | $1,000-$3,000 | 2000Total$103,550 - $209,100$106,325
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