Yes. Florida contractors qualify for merchant cash advances based on bank deposit volume, not credit scores, years in business, or bank relationships. A bank decline does not affect MCA eligibility. Minimum requirements: 6 months in business, $4,000-$6,000+/month in deposits, 500 FICO. Florida's booming construction market means contractors with consistent project deposits qualify even with credit challenges.
Florida · Contractor Funding
Contractor Funding in Florida Miami, Tampa, Orlando & Statewide
Quick Answer: Florida Contractors
Florida contractors qualify for MCA based on monthly bank deposits, not credit scores or project contracts. Minimum: $4,000-$6,000+/month in deposits, 500 FICO, 6 months operating. Advance range: $20,000-$300,000. Review begins as soon as your file is complete. Funding timing is set by the funding provider after review. Draw cycle bridging, materials capital, equipment, and payroll are all approved uses. No bank paperwork, no collateral, no hard credit pull at application.
Florida's construction boom has created a capital demand that banks can't keep up with. MCA funds in days, not months.
$20K-$300K
Advance range
40+
Competing funders
24-48 hrs
Funding timeline
500
Min FICO
Florida Markets
Contractor Funding by Florida City
Miami / South Florida
High-value residential and commercial construction. Bilingual Spanish-English market. High deposit volumes from large project draws.
Typical: $30K-$300K
Tampa Bay
Fastest-growing Florida construction market. Roofing, general contracting, HVAC, and plumbing all qualify. Strong review outcomes.
Post-Ian reconstruction created sustained contractor demand. Roofing and restoration contractor MCA needs are high.
Typical: $15K-$100K
Common Funding Needs
Contractors front materials the same way everywhere: before the draw, not after it.
Why Florida Contractors Use MCA
Draw Cycle Bridge
Materials and labor must be paid before the next AIA draw is released. MCA bridges the 2-4 week gap without pausing work.
Hurricane Season Preparation
Stock materials and equipment before storm season demand peaks. Suppliers require payment before storms arrive.
Equipment Replacement
Failed equipment stops the job. Bank equipment loans take weeks. MCA funds replacement or rental once the provider approves the file.
Subcontractor Payroll
Subs must be paid on their schedule, not the general contractor's draw cycle. MCA provides the payroll bridge.
New Contract Start Costs
Winning a large contract creates startup costs (permits, insurance, mobilization) before the first draw.
Materials Price Lock
Florida lumber and materials prices fluctuate. MCA lets contractors lock in material pricing when available.
Qualification
Florida Contractor MCA Requirements
Minimum Monthly Deposits
$4,000-$6,000+/month
Minimum FICO Score
500 (soft pull to start)
Time in Business
6+ months operating
Documents Required
6 consecutive months bank statements + application
Advance Range
$20,000-$300,000
Funding Timeline
Decision and funding timing set by provider
Tax liens accepted with IRS/FL DOR payment plan. Prior bankruptcies reviewed case-by-case. Bank declines OK. Florida contractor license not required for MCA. Any registered FL business entity qualifies.
FAQ
Florida Contractor Funding: FAQ
Can a Florida contractor get an MCA after a bank decline?
Yes. Florida contractors qualify for merchant cash advances based on bank deposit volume, not credit scores or bank relationships. A bank decline does not affect MCA eligibility. Minimum: 6 months in business, $4,000-$6,000+/month in deposits, 500 FICO. Florida's booming construction market means contractors with consistent project deposits qualify even with credit challenges.
How much can a Florida contractor get with MCA?
Florida contractor MCA amounts typically range from $20,000 to $300,000 depending on monthly deposits. A Miami GC averaging $80,000/month may qualify for $60,000-$120,000. A Tampa roofer averaging $50,000/month may qualify for $37,500-$75,000. A Jacksonville HVAC company averaging $35,000/month may qualify for $26,250-$52,500.
Can a Florida contractor use MCA to bridge draw cycle gaps?
Yes. Draw cycle bridging is one of the most common uses for contractor MCA in Florida. When materials and labor must be paid before the next construction draw is released, MCA provides the 2-4 week bridge without requiring the contractor to pause work. The advance is repaid from daily bank deposits as draws arrive.
What Florida contractor types qualify for MCA?
All general contractor types in Florida qualify: GCs, roofing contractors, HVAC, electrical, plumbing, landscaping, painting, drywall, concrete, framing, flooring, and specialty subcontractors. The primary requirement is 6 months operating with $4,000-$6,000+/month in bank deposits.
Can a Florida contractor get MCA during slow season?
Yes. Florida contractors face slower periods in late summer (hurricane uncertainty slows new starts) and some coastal markets see slower winters. MCA holdback payments automatically scale with daily deposits, so slower periods produce smaller payments without the contractor needing to request any adjustment.
Can a Florida contractor get MCA with a tax lien?
A tax lien does not automatically disqualify a Florida contractor from MCA approval. Many funders in T.A.G.'s network work with businesses carrying IRS or Florida DOR tax liens, provided the business is on a payment plan and monthly deposits are consistent. The lien must be disclosed upfront.
What is the MCA holdback rate for Florida contractors?
Holdback rates for Florida contractors typically range from 8-15% of daily bank deposits. For a contractor with $4,000 in average daily deposits, a 10% holdback means approximately $400/day. The holdback percentage is fixed but the daily dollar amount varies with deposits: slower weeks between project draws automatically produce smaller payments.
Does Florida require any special disclosure for contractor MCAs?
Yes. Florida HB 1353, effective January 1, 2024, requires an estimated APR disclosure for commercial financing under $500,000, including MCA. T.A.G. provides full disclosure (factor rate, total payback amount, holdback percentage, and estimated term) on every Florida contractor MCA offer.
Cash Flow Pattern
The draw cycle chart above is illustrative. What actually matters to a review is the six months of deposits a contractor can show.
The Florida Contractor Draw Cycle
A signed contract does not pay the crew. Florida contractors front materials, labor, and mobilization costs weeks before a GC or owner draw actually clears. The gap between doing the work and getting paid for it is what MCA is built to bridge, not a way to fund a business that is not otherwise winning signed work.
Honest Guidance
When Florida Contractor MCA Is (and Isn't) the Right Move
MCA is a bridge for a specific, time-boxed gap between a signed contract and the draw that pays for it. It is not the cheapest way to fund long-term growth or to cover a business that is not winning enough signed work on its own. The comparison below is meant to help you decide before you apply, not after.
500 FICO OK · No hard pull at application · Tax liens welcome with payment plan Miami, Tampa, Orlando, Jacksonville & all of Florida · Review begins as soon as your file is complete
Initial review uses a soft credit pull only. A hard credit pull typically occurs later, before final approval, and can affect your credit score by a few points.
