Quick Answer

Yes: New York Part 600 NYCRR (effective January 2024) requires commercial financing providers offering products to New York businesses to provide standardized disclosures including: the total amount of funds provided, total repayment amount, term (estimated), payment amounts and frequency, an annual percentage rate (APR) equivalent or equivalent metric, and prepayment terms.

Merchant Cash Advance: New York

Merchant Cash Advance New York:
Fast Working Capital for NY Businesses

T.A.G. funds New York small businesses from $10,000 to $5,000,000. New York Part 600 compliant. No collateral. No COJ. NYC, Buffalo, Rochester, Albany, Yonkers: and every New York city.

500+
Min FICO
Provider-Set
Funding Timing
$10K to $2M
Advance range
NY Part 600
Compliant

New York MCA Regulations: What NY Business Owners Need to Know

New York Part 600 NYCRR: Commercial Financing Disclosure (Effective January 2024) New York requires standardized disclosures for all commercial financing offers including MCAs. Required disclosures include: total amount financed, total repayment amount, estimated term, payment amounts and frequency, estimated APR equivalent, and prepayment terms. T.A.G. provides all required New York Part 600 disclosures with every NY MCA offer.
New York Confession of Judgment Ban New York prohibits confessions of judgment (COJ) against New York residents since 2019. A COJ allowed lenders to obtain a court judgment without notice or a hearing in the event of default: a predatory practice. T.A.G. does not use confessions of judgment in agreements with New York business owners. You are protected by this prohibition.
An independent liquor store front on a New York City street
A New York storefront's daily receipts, spread across six consecutive months, tell a funding review more than any single strong week.

MCA Qualification Requirements: New York

500+
Personal FICO Score
$4,000+
Monthly Revenue
6 months
Min Time in Business
Active NY
Business Bank Account
No open
Bankruptcy
No COJ
NY Resident Protection
Core MCA qualification requirements in New York, from the cards above Three-box summary of the requirements above: a 500 or higher personal FICO score, $4,000 or more in monthly revenue, and 6 or more months in business. 500+ Personal FICO $4,000+ Monthly Revenue 6 mo. Time in Business

New York Industries T.A.G. Funds

Restaurants and Bars (NYC and Beyond)
Equipment, remodel, payroll, seasonal staffing
Construction and Contractors
Materials bridge, payroll, bonding, job mobilization
Healthcare: Private Practice
Medical equipment, insurance AR gap, expansion
Retail: Brick-and-Mortar and Online
Inventory, peak-season capital, marketing
Transportation and Logistics
Truck acquisition, fuel, dispatch expansion
Professional Services
Working capital, staff expansion, technology
Auto Repair
Equipment, parts inventory, working capital
Wholesale and Distribution
Inventory, receivables bridge, seasonal capital
New York industries T.A.G. funds, from the grid above Eight-category grid of the industries listed above: restaurants and bars, construction and contractors, healthcare private practice, retail, transportation and logistics, professional services, auto repair, and wholesale and distribution. Restaurants and Bars Construction and Contractors Healthcare: Private Practice Retail: Brick-and-Mortar/Online Transportation and Logistics Professional Services Auto Repair Wholesale and Distribution
People walking past a corner restaurant on a New York City street
A corner restaurant in New York still pays rent and staff through a quiet stretch, the kind of gap working capital is meant to bridge.

New York Cities We Fund

New York City Buffalo Rochester Yonkers Syracuse Albany New Rochelle Mount Vernon Schenectady Utica White Plains Hempstead Brooklyn Queens Bronx Staten Island Long Island Flushing Jamaica Binghamton

Frequently Asked Questions

Is there a New York law regulating merchant cash advances?
Yes: New York Part 600 NYCRR (effective January 2024) requires standardized commercial financing disclosures including total amount financed, total repayment, estimated APR, term, and prepayment terms. New York also prohibits confessions of judgment (COJ) against NY residents since 2019. T.A.G. complies with all NY Part 600 requirements and never uses COJ against New York business owners.
How do I get a merchant cash advance in New York?
Apply online at T.A.G. in under 10 minutes. Submit 6 consecutive months of NY business bank statements. Receive a New York Part 600-compliant offer with all required disclosures. Sign the agreement. Funds arrive in your New York bank account, with timing set by the funding provider after review. Requirements: 500+ personal FICO, $4,000 to $6,000+/month revenue, 6+ months in business, active NY business bank account, no open bankruptcy.
Are merchant cash advances legal in New York?
Yes: MCAs are legal in New York. NY Part 600 regulates disclosures but does not prohibit MCAs. NY also bans confessions of judgment against NY residents (a significant consumer protection). MCAs are classified as purchase agreements for future receivables: not subject to NY usury laws. T.A.G. is fully NY Part 600 compliant and never includes COJ clauses for New York business owners.

Apply for MCA Funding in New York

500+ FICO · $4,000 to $6,000+/month revenue · NY Part 600 compliant · No COJ · Provider-set funding timing

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MCA Funding by New York City

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