Miami is one of the most economically dynamic metros in the United States, an international gateway city with an economy driven by tourism (24+ million visitors per year), finance, real estate, international trade, and one of the most vibrant hospitality and food scenes in North America. Wynwood, Little Havana, Brickell, Coral Gables, and South Beach host some of the country's most visible independent business communities, generating extraordinary card volume year-round.
Florida has no state income tax, and Miami's international character means cash-heavy businesses, cross-border trade, and seasonal spikes in revenue are normal. Traditional banks often can't underwrite that complexity. MCA evaluates six months of deposits and cards volume, funds once the provider approves your file, and adapts to the seasonality that Miami's economy naturally creates.
Full South Florida served: Fort Lauderdale, Coral Gables, Hialeah, West Palm Beach, Boca Raton, Hollywood, and throughout Miami-Dade, Broward, and Palm Beach Counties.
Apply Online (10 min)
Basic business info + 6 consecutive months bank statements. No hard credit pull at application.
Underwriting (1-3 hrs)
We review your Miami business's deposit pattern and revenue, not just FICO.
Offer and Approval
Advance amount, factor rate, and remittance. No hidden fees.
Funds Deposited
Wire to your Miami business bank account. The funding provider sets the timing.
Can a Miami small business get a merchant cash advance?
Yes. Miami businesses in restaurants, contractors, tourism, healthcare, and retail qualify for MCA with 6+ months operating, $4,000-$6,000+/month in deposits, and 500+ FICO. Miami's tourism and international economy creates exceptional card volume. Funding follows the provider's own timeline after review.
What Miami industries qualify for MCA?
Top Miami MCA industries: restaurants (Wynwood, Little Havana, Brickell), tourism and hospitality, contractors, healthcare, retail (Design District, Miracle Mile), and salons and spas.
Does T.A.G. serve businesses outside Miami: Fort Lauderdale, Coral Gables, Hialeah, West Palm Beach?
Yes. The full South Florida tri-county is served including Fort Lauderdale, Coral Gables, Hialeah, West Palm Beach, and Boca Raton throughout Miami-Dade, Broward, and Palm Beach Counties.
What credit score do I need for business funding in Miami, FL?
The minimum FICO score for MCA funding in Miami is 500. Approval is based primarily on monthly bank deposits. Bank declines, tax liens, and prior bankruptcies do not automatically disqualify you.
How fast can a Miami business get funded?
Miami businesses typically receive an MCA decision once your file is complete. Funding follows once you accept an offer, on the provider’s timeline. The funding provider sets the timing.
| Factor | MCA via T.A.G. | Miami Bank Loan |
|---|---|---|
| Decision time | 24-48 hours | 30-90 days |
| Minimum FICO | 500 | 680-720+ |
| Collateral required | None | Real estate or equipment |
| Bank decline OK? | Yes | No |
| Repayment | % of daily deposits | Fixed monthly payment |
| Funding speed | Provider-Set | 30-90 days after approval |
How much can a Miami business qualify for with an MCA?
A Miami business can typically qualify for 75%-150% of its average monthly bank deposits. A Wynwood restaurant depositing $45,000/month qualifies for $33,750-$67,500; a South Beach hospitality group depositing $100,000/month qualifies for $75,000-$150,000; a Coral Gables healthcare practice depositing $80,000/month qualifies for $60,000-$120,000. Submit 6 months of bank statements to get your exact Miami advance range.
Does Florida require disclosure for merchant cash advances?
Florida requires commercial finance disclosure for MCA under HB 1353 (effective January 1, 2024), including an estimated APR for financing under $500,000. T.A.G. provides full-term disclosure on all advances, including total repayment amount, factor rate, and remittance schedule.
What Miami industries does T.A.G. fund most actively?
Miami's highest-volume MCA industries at T.A.G. include: Latin American and Caribbean restaurants (Calle Ocho, Little Havana), South Beach and Brickell hospitality and nightlife businesses, Wynwood and Design District retail, Jackson Health and Baptist Health-adjacent medical and dental practices, Brickell financial services support firms, and port and international trade logistics companies.
MCA advance amounts are based on average monthly bank deposits. The formula is:
- Advance Range Formula
- Avg Monthly Deposits × 0.75-1.50 = MCA Range
| Business | Avg Monthly Deposits | Min Advance (0.75×) | Typical Advance (1.0×) | Max Advance (1.5×) |
|---|---|---|---|---|
| Little Havana café | $18,000 | $13,500 | $18,000 | $27,000 |
| Wynwood restaurant | $45,000 | $33,750 | $45,000 | $67,500 |
| Brickell contractor | $75,000 | $56,250 | $75,000 | $112,500 |
| South Beach hospitality group | $100,000 | $75,000 | $100,000 | $150,000 |
| Coral Gables healthcare practice | $80,000 | $60,000 | $80,000 | $120,000 |
Miami's calendar runs backward compared to most of the country. Winter, from roughly December through April, is high season: snowbirds and tourists fill hotels, restaurants, and retail, and businesses that cater to visitors see their strongest revenue of the year. Summer is the opposite: fewer visitors, brutal heat, and the Atlantic hurricane season (officially June 1 through November 30) overlapping almost exactly with the slow months. For a hospitality or tourism-facing business, the seasonal dip and the storm-preparedness cash reserve both land at the same time, which is a real, compounding pressure rather than two separate small ones.
Art Basel Miami Beach, one of the largest art fairs in the world, lands in early December and creates a short, sharp spike on top of the winter season's rise: hotels, restaurants, and art-adjacent retail near South Beach and the Design District see a real, dated jump in demand they can plan inventory and staffing around. Contractors run on a different, steadier clock tied to Miami's ongoing high-rise condo and commercial construction boom, which keeps demand for materials and crew financing elevated most of the year rather than tied to a single season.
What this means for a Miami applicant: if the gap is the ordinary summer slowdown your business has weathered before, or a single known event week you have staffed for in past years, that may not be the moment to take on financing. MCA fits best when a specific storm-related closure, off-season cash crunch, or draw-payment gap has already created a real shortfall your bank statements can show.
Ready to Fund Your Miami Business?
Apply in 10 minutes. No hard pull at application. Review begins as soon as your file is complete.
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