How to Get Multiple Merchant Cash Advance Offers at Once
One free application. Funders whose programs fit. Every offer side by side.
Applying to funders one at a time is slow and repeats the same paperwork. Here's how to get several offers from a single file.
A merchant cash advance is a purchase of future receivables, not a loan. Each funder prices it its own way, so seeing several offers from one file lets you compare the real cost before you sign anything.
What are the ways to get more than one MCA offer?
There are three common routes. They differ in who reads your file, who contacts you and how much of the comparing you do yourself.
| Route | How it runs | What you handle |
|---|---|---|
| Apply to funders one at a time | A separate application, statements and call for each funder | Every form and follow-up, plus offers that arrive in different formats |
| Online marketplace | One form shared with several funders or their reps | Calls and emails from whoever receives your details |
| Broker, such as Afterfirst | One file, read by a person, then shopped with funders whose programs fit | Picking an offer, or none |
For the full side-by-side, read MCA broker vs marketplace vs direct funder.
How does a broker get you multiple offers?
A broker takes one complete file to several funders at once, so their offers arrive together and you can compare them on the same lines.
One file, read by a person
You send your application and recent business bank statements once. Someone on our team reads it and calls you, before any funder sees it.
Shopped only where it fits
Your file goes only to funders whose programs fit your industry, deal size and current positions. Nobody else sees it.
Offers on the same lines
Each offer shows the total payback, the payment, how often it comes out and the term, lined up side by side.
You choose one or none
Nothing happens until you pick an offer. You're free to walk away, and you never pay Afterfirst a fee.
How does it work with Afterfirst?
Send one free application. Add your recent business bank statements so funders can read your deposits.
We review it with you. A person reads your file and calls you.
We shop it. Your file goes to the funders whose programs fit.
You compare. Offers come in writing, side by side, on total payback, payment, frequency and term.
You decide. Pick one offer or none. The funder you choose signs its own contract with you.
What should you compare across multiple offers?
Line every offer up on the cash you actually receive, the total payback, the payment and how often it runs, the estimated term, every fee and the early payoff terms. Then divide the cost by the cash you receive.
The biggest offer isn't always the cheapest per dollar in hand. Our compare offers guide walks through a three-offer example, and the MCA cost checker gives a rough estimate for your own numbers.
How does Afterfirst get paid?
You never pay Afterfirst a fee. Funders pay us a Founding membership of $299 a month plus a commission when a deal funds.
| Who | What they pay Afterfirst |
|---|---|
| You, the business owner | Nothing. No application fee and no fee at funding. |
| The funder on your deal | The funder also pays us a commission when a deal funds. |
| Funding companies listed in our directory | A Founding membership of $299 a month. |
| Does the membership change your offers? | No. Offers are sorted the way you choose, and a listed funder doesn't get a better spot. |
Read the full how we're paid page, and ask any broker the same question in writing.
Afterfirst or going direct to Credibly, Fora Financial or Rapid Finance?
Credibly, Fora Financial and Rapid Finance are direct funders. Each one reviews your business, funds with its own money and lists its own program details on its own site. Going direct gets you that funder's offer from the company that would fund it.
| What matters | Going direct to one funder | Afterfirst (broker) |
|---|---|---|
| Applications | One per funder | One application |
| Offers | That funder's offer | Written offers from funders whose programs fit, side by side |
| Who decides | That funder | The funder you choose. Afterfirst doesn't approve or fund. |
| What you pay | The funder, through the payback | The funder, through the payback. You never pay Afterfirst a fee. |
| How the go-between is paid | There's no go-between | Funder commission when a deal funds. Funding companies pay a Founding membership of $299 a month. |
Getting quotes both ways is fine, and it's a good check. If you already have a direct quote, send it with your application and we'll line it up next to the other offers on the same terms. Not every funder quotes on every file. Pick the offer that costs least per dollar you receive and fits your cash flow, even if it's one we didn't find.
Ready to see more than one offer?
Afterfirst MCA is a national brand serving business owners in every major U.S. city, across every major funding type. Apply now and get offers laid out on the same lines.
Call 877-FUND-654FAQ
Can I get multiple MCA offers from one application?
Yes, that's what a broker is for. One application and your recent business bank statements go to the funders whose programs fit, and each funder that quotes sends its own offer. Not every funder quotes on every file, and offers depend on your business. Afterfirst lines up the offers you get side by side.
Does getting several offers through a broker hurt my credit?
Each funder sets its own credit review steps, and they differ. Ask us how each funder checks credit before you agree to anything.
Is a merchant cash advance a loan?
No. A merchant cash advance is a purchase of part of your future receivables. Funders make every decision, set their own terms and sign their own contracts. Afterfirst is the broker, not the funder.
How long do multiple offers stay open?
Each funder sets its own window, and offers can expire. Ask when each one ends so you have time to line them up before you sign.
Do I have to take one of the offers?
No. You can choose one offer or none, and you never pay Afterfirst a fee.
Should I still get a quote straight from a funder?
You can, and it's a fair check. Send any direct quote with your application and we'll line it up next to the other offers on the same terms, so you can pick the one that costs less per dollar you receive.
Can I get more than one offer if I already have an advance?
Tell us about every advance you carry. Some funders work with businesses that already have an advance, and your current payments shape which offers fit.
Send one file.
See what fits.
Call 877-FUND-654 with questions.