MCA Qualification Requirements: Michigan
500+
Personal FICO Score
$4K to $6K+
Monthly Revenue
6 months
Min Time in Business
Active MI
Business Bank Account
No open
Bankruptcy
6 months
Bank Statements
Michigan Industries T.A.G. Funds
Automotive Suppliers and Manufacturing
Equipment, raw materials, receivables bridge, working capital
Construction and Contractors
Materials, payroll, equipment, job mobilization
Healthcare: Private Practice
Medical equipment, insurance AR gap, expansion
Restaurants and Food Service
Equipment, remodel, payroll, seasonal capital
Retail
Inventory, peak-season capital, marketing
Trucking and Logistics
Truck acquisition, fuel, freight receivables
Michigan Cities We Fund
DetroitGrand RapidsWarrenSterling HeightsLansingAnn ArborFlintDearbornLivoniaWestlandTroyFarmington HillsKalamazooWyoming
Frequently Asked Questions
- How do I get a merchant cash advance in Michigan?
- Apply online at T.A.G. in under 10 minutes. Submit 6 consecutive months of Michigan business bank statements. Sign electronically once you receive an offer. Funding timing is set by the funding provider after review. Requirements: 500+ FICO, $4,000 to $6,000+/month revenue, 6+ months in business, active MI business bank account, no open bankruptcy.
- Are merchant cash advances legal in Michigan?
- Yes: MCAs are legal in Michigan. MI has no specific MCA disclosure laws as of 2026. MCAs are purchase agreements for future receivables: not subject to Michigan usury laws. Michigan's automotive suppliers, manufacturers, and construction businesses widely use MCAs for equipment and working capital needs.
MCA for Michigan Businesses: Economy Overview
Michigan's $630 billion economy is the center of American automotive manufacturing. Detroit, Flint, Lansing, and Warren anchor the auto supply chain. Grand Rapids has become one of the Midwest's fastest-growing cities for healthcare and furniture manufacturing. Michigan's seasonal economy creates intense working capital needs during shoulder seasons. Michigan has no specific MCA disclosure laws as of 2026.
How Much Can a Michigan Business Get?
MCA advances are typically 75 to 150% of your average monthly gross deposits. A Detroit auto supplier with $105,000/month qualifies for $78,750 to $157,500. A Grand Rapids restaurant with $60,000/month qualifies for $45,000 to $90,000. A Lansing healthcare practice with $75,000/month qualifies for $56,250 to $112,500.
- Automotive and Manufacturing
- $105K/mo → $78,750 to $157,500. Tier-1 and Tier-2 suppliers, tooling companies.
- Restaurants and Hospitality
- $60K/mo → $45,000 to $90,000. Detroit food scene, Traverse City tourism, Ann Arbor dining.
- Healthcare
- $75K/mo → $56,250 to $112,500. Grand Rapids and Detroit independent practice financing.
- Construction
- $88K/mo → $66,000 to $132,000. Metro Detroit commercial development.
- Retail
- $50K/mo → $37,500 to $75,000. East Lansing retail, Grand Rapids shops.
- What Michigan businesses qualify for an MCA?
- Auto suppliers, manufacturers, restaurants, healthcare practices, construction companies, and retail shops. Requirements: 500+ FICO, $4,000 to $6,000+/month gross revenue, 6+ months in business, active MI bank account, no open bankruptcy. Detroit, Grand Rapids, Ann Arbor, Lansing, Flint, Kalamazoo, and all Michigan cities qualify.
- How much can a Michigan business get from an MCA?
- Typically 75 to 150% of monthly gross revenue. A Detroit auto supplier with $105,000/month can access $78,750 to $157,500. A Grand Rapids restaurant with $60,000/month can access $45,000 to $90,000. Maximum is $5,000,000.
- Does Michigan regulate merchant cash advances?
- Michigan has no specific MCA disclosure laws as of 2026. MCAs are structured as purchase agreements for future receivables rather than loans. Always request full written disclosure of advance amount, factor rate, total repayment, and holdback percentage.