What a merchant cash advance is — and what it is not
By Charles Legacy, Legacy Loan Brokers
Published September 12, 2026
A plain-language look at merchant cash advances as working capital. Legacy Loan Brokers is a broker, not the lender. No invented rates.
A merchant cash advance (MCA) is working capital repaid from a share of future business revenue, not a traditional bank installment in every case. Partners structure these products differently. Some take a fixed daily or weekly debit; others take a percentage of card sales. The right structure depends on the file.
An MCA is not free money, and it is not a grant. Cost is real. We do not publish a rate, factor, or “as low as” number on this site because those figures belong to the funding partner and change with the business. If someone quotes a number here, they invented it.
Legacy Loan Brokers is a broker. We collect a lead application, review it, and introduce the file to partners when it makes sense. Those partners decide whether to offer capital and on what terms. Nothing is funded until you agree with a lender.
This desk’s first corridor is Florida and Georgia. We also take online applications from states we have not closed. We do not take applications from a published stay-out list that includes Virginia, Texas, California, New York, and others — see the FAQ.
Legacy Loan Brokers is a business-funding broker, not the lender. We review files for Florida, Georgia, and online. Funding is placed with third-party partners and is subject to their review. Checking options uses a soft inquiry and does not hard-pull your credit. We do not publish a street address on this site.