How Afterfirst MCA Works, From Application to Offer
You tell us about your business once, and a real person reads your file and calls you. We shop it only with funders that fit, then bring back every offer side by side so you can choose. Applying costs you nothing, and Afterfirst MCA charges you no fee. Nothing happens until you pick an offer.
Funding amount you're looking for
Applying won’t affect your credit.
Who does what when you apply?
Each side does one job, and our team does the reading and matching in the middle.
| Side | What they do | Where they start |
|---|---|---|
| Merchant | Applies once, then uploads bank statements securely; statements never go by email | Apply now |
| Funder | Gives our team its buy box and underwrites the files it receives | Funder network |
| Afterfirst team | Reads the file and current positions, matches files to funder criteria, collects offers | This page |
What are the steps from application to offer?
This is how it works in five steps, and the merchant can stop at any of them.
- Apply. Tell us about the business, how much you need and what it's for, any open advances, and the owner. It takes a few minutes, and your answers save on this device as you go.
- Upload statements. Right after you apply, you can upload your bank statements as PDFs over an encrypted connection. Please don't email them.
- Read. A person reads your file, including business details and current advances.
- Match and send. After we've talked with you, your file goes only to funders whose criteria fit.
- Compare offers. Offers come back with the amount, the total repayment and the payment schedule, shown together so they can be compared line by line.
In some states an offer arrives with a standard disclosure of its cost and terms. California's rules are described by the California DFPI.
What happens at the match step?
We don't score your business; the funders do that. We check fit.
Comparing the read with each buy box
Each box holds hard rules (states, industries, positions, dollar range) and softer preferences (paper grade, time in business). A file that breaks a hard rule is not sent to that funder.
Files that fit several funders
When a file fits more than one box it goes to each of them. Sending to several funders at once is what lets you compare multiple MCA offers.
Order when a funder asks for exclusivity
Some funders ask to see a file before others. Our team records the request and tells the merchant or broker before agreeing to it.
Withdrawing a file
A merchant or broker can ask us to withdraw a file at any point before signing. We then tell every funder that received it that the file is withdrawn.
We're not a funder.
We don't fund deals ourselves. We shop yours with funders who do, so you see more than one offer.
Only funders that fit.
Your file goes to funders that work with your industry and your deal size. Nobody else sees it.
You make the call.
Every offer comes to you in writing. Nothing happens until you pick one.
- What it costs to apply
- Nothing. Applying costs you nothing, and Afterfirst MCA charges you no fee.
- Credit
- Ask us how each funder checks credit before you agree to anything.
- Speed
- A person reviews your file and calls you back. You can decline any offer.
- Offers
- Every offer shows the total payback, the payment amount, how often it comes out, and the term.
What does the merchant need to have ready?
A merchant needs recent business bank statements, the month to date, a list of open advances and a photo ID. Most funders ask for the last three to four months of statements, and every open advance should show its payment amount. Brokers submitting a file send the same items.
FAQ
Does applying commit me to anything?
No. Applying costs you nothing, and Afterfirst MCA charges you no fee. There's no obligation. You commit only when you sign a funder's contract.
Does a merchant pay anything to apply?
No. Applying costs you nothing, and Afterfirst MCA charges you no fee. Funding companies pay us a monthly membership and a commission when a deal funds. The cost of an advance is the total repayment on the funder's offer, and each offer shows it.
Will applying affect my credit?
Each funder that receives your file sets its own steps. Before you sign, ask how any credit review works.
When do offers come back after a merchant applies?
No timing is promised. Offers come back at each funder's pace, and a file sent complete, with statements and the month to date, avoids a round of questions.
Can a business that already has an advance apply?
Yes. List every open advance with its payment amount. Your file goes only to funders whose box accepts that position, and some may offer a consolidation.
Who makes the funding decision?
The funder makes every decision. Afterfirst checks fit and presents offers, and each offer is subject to that funder's own underwriting.
Next step
Owners can apply at afterfirstmca.com/apply. Partners can read the partner page, and funders the funder page.
Call 877-FUND-654Send one file.
See what fits.
Call 877-FUND-654 with questions.