Why Partner With Us?
We are one of the [exceedingly rare] true direct funders in the MCA space. That means we never shop out your deals, and you never have to worry about backdooring. We build real relationships with our referral partners. Your success is our success!
Our company culture is built on honesty, transparency, and a customer-first mentality; therefore, we do not make use of unethical practices like Confessions of Judgment, personal guarantees, UCCs, or excessive fee structures.
1st Position Only
We do not allow or condone stacking, which is the act of piling multiple MCAs on top of each other within the same period of time, resulting in large payments and financial stress. The last thing we want is to burden your merchants — this is our way of setting them up for success.
Data-Driven
Our approach is data-driven, systematic, and informed. We are not just flying by the seat of our pants – we’re in it for the long haul. We have a long-term strategy and the drive to revolutionize the MCA industry and its impact on small businesses.
Want to Learn More?
Click the button below and we’ll send you our Enrollment Packet, which outlines our guidelines and procedures!
More Key Benefits:
Our commission structure is tiered. The more you fund with us, the higher your commission! Our tier structure is evaluated based on two factors: total funded amount and conversion percentage. This means we reward quality AND quantity. We evaluate partner performance monthly, and when we bump up your commission, it does not come out of your merchants’ pockets.
No minimum credit requirements! Plus we don’t pull credit for our standard program.
Our Flex Funds program offers merchants the ability to take an add-on up to 30% of their original funding amount after three weeks of consecutive payments. This does not increase their daily payments; it simply extends their advance term. We even pay you an additional commission for the add-on! Learn more about our programs here!
✓ Owned and operated in the U.S.
✓ In business for at least 3 months
✓ No open bankruptcy
✓ $10,000+ per month in bank deposits OR $7,000 in credit card processing
Check Out Our
Direct Funder Comparison Report
Our team recently compiled data from dozens of direct funders in the MCA space. From this data, we published our Direct Funder Comparison Report. Here’s a link to the report, if you’d like to download it. It’s also summarized below.
Elevate Funding | Competitors | |
Funding Fees | $350 fixed for ACH and Lockbox on deals $6k and over; $0 for split with approved split partners | 7% to 8% of funding amount; $750+ fixed fees |
Credit Requirements | We do not pull credit (soft or hard); No minimum credit score | Soft credit pulls; Minimum credit score of 500 |
TIB Requirements | 3 months | 9-12 months |
Factor Rates | Sell Rates: we fix our factor rate on the repayment amount rather than the funding amount | Buy Rates: 1.30 - 1.49 |
Commission | 7% to 10% of payback amount; no upselling; tiered commission structure | 9-12 points on funding amount; upselling allowed |
Renewal Commission | Pay renewal commission on the full repayment amount before paying off existing balance | Pay renewal commission on the net funding amount after repayment of existing balance |
Add-On Programs | Yes; up to 30% of the original funding amount after three weeks of consecutive payments | No |
Underwriter Access | Yes | No |