How Afterfirst MCA Gets Paid
How we're paid as an MCA broker: merchants pay us no application fee and no broker fee; funding companies pay a monthly membership, and the funder pays a commission when a deal funds.
Owners: see who pays the broker before you sign.
Merchants pay Afterfirst MCA no application fee and no broker fee. Funding companies pay us a monthly membership (plans run from $249 to $1,299 a month), and the funder pays us a commission when a deal funds. What you owe on an advance is paid to the funder and is shown in your offer: the amount, the payback, the payment and the term. Membership level does not change the order or the terms of the offers shown to you. Higher plans can change when a funder sees a file.
How we're paid
Applying costs you nothing, and so does having us shop your file. Afterfirst MCA charges you no application fee.
Funders also pay us a commission when a deal funds.
Funding companies pay us a monthly membership (plans run from $249 to $1,299 a month). Membership level does not change the order or the terms of the offers shown to you: offers are sorted the way you choose, such as lowest total cost. Higher plans can change when a funder sees a file.
The membership is a flat monthly price and isn't tied to whether any deal funds.
Every offer we bring you sits side by side with the same numbers: the amount, the payback, the cost, the payment and the term. You pick the one you want to take.
What should an owner ask any broker or marketplace?
An owner should ask three things in writing before signing, and keep the answers with the offer.
- Who pays you on this deal: the funder, my business, or both?
- Has the rate on this offer been raised above the funder's base to cover your pay?
- Will my business pay anything before or at funding?
FAQ
Is there a charge to submit your file?
No. Applying and having your file shopped cost you nothing, and Afterfirst MCA charges you no fee. The funder pays us a commission when a deal funds, and funding companies pay us a monthly membership (plans run from $249 to $1,299 a month). Membership level does not change the order or the terms of the offers shown to you.
Can a business ask a funder for its base rate?
Yes. Some funders will share it and some refer the question back to the broker. Asking costs nothing and the answer helps compare offers.
Will comparing offers here mean extra credit checks?
Comparing more offers can mean more than one inquiry, because each funder that reviews your credit makes its own. A funder can review credit only with your written authorization. Ask each funder before you sign whether its review is a soft or a hard inquiry.
When is a broker usually paid, before or after funding?
Broker pay from a funder is usually paid after the deal funds. A fee charged to the business before funding is a reason to ask more questions.
Is a broker paid again when an advance is stacked or renewed?
Often yes, because each new advance is a new deal. Ask whether a renewal or a new position carries fresh broker pay, and how that is built into the price.
Next step
Owners can Apply now. Applying costs you nothing, and Afterfirst MCA charges you no fee. Funders pay us a commission when a deal funds, and funding companies pay us a monthly membership. The price of an advance is set by the funder and is shown in your offer.
Call 877-FUND-654Send one file.
See what fits.
Call 877-FUND-654 with questions.