MCA Qualification Requirements — North Carolina
500+
Personal FICO Score
$10,000+
Monthly Revenue
6 months
Min Time in Business
Active NC
Business Bank Account
No open
Bankruptcy
3–6 months
Bank Statements
North Carolina Industries T.A.G. Funds
Restaurants and Hospitality
Equipment, remodel, payroll, seasonal capital
Construction and Contractors
Materials, payroll, equipment, mobilization
Healthcare — Private Practice
Medical equipment, insurance AR gap, expansion
Technology and Startups
Working capital, equipment, staff expansion
Retail
Inventory, peak-season capital, marketing
HVAC and Home Services
Equipment, fleet, seasonal working capital
North Carolina Cities We Fund
CharlotteRaleighGreensboroDurhamWinston-SalemFayettevilleCaryWilmingtonHigh PointConcordAshevilleGastoniaChapel HillHuntersville
Frequently Asked Questions
- How do I get a merchant cash advance in North Carolina?
- Apply online at T.A.G. in under 10 minutes. Submit 3–6 months of NC business bank statements. Receive an offer within hours. Sign electronically. Funds arrive in your NC bank account in 24–72 hours. Requirements: 500+ FICO, $10,000+/month revenue, 6+ months in business, active NC business bank account, no open bankruptcy.
- Are merchant cash advances legal in North Carolina?
- Yes — MCAs are legal in North Carolina. NC has commercial financing disclosure requirements, but MCAs are legal and widely available. MCAs are classified as purchase agreements for future receivables — not subject to NC usury laws. NC's Charlotte, Raleigh Research Triangle, and Triad businesses widely use MCAs for restaurant, construction, healthcare, and retail working capital.
MCA for North Carolina Businesses — Economy Overview
North Carolina's $740 billion economy has transformed into one of the Southeast's most diversified — Research Triangle Park anchors a massive tech, pharma, and biotech cluster; Charlotte is the second-largest US banking center; and a thriving restaurant and hospitality scene runs from Asheville to the Outer Banks. North Carolina SL 2023-78 commercial financing disclosure law is in effect as of October 2023.
How Much Can a North Carolina Business Get?
MCA advances are typically 75–150% of your average monthly gross deposits. A Charlotte restaurant with $68,000/month qualifies for $51,000–$102,000. A Raleigh tech services firm with $85,000/month qualifies for $63,750–$127,500. An Asheville hospitality business with $60,000/month qualifies for $45,000–$90,000.
- Technology and Pharma
- $85K/mo → $63,750–$127,500. Research Triangle Park supplier ecosystem.
- Restaurants and Hospitality
- $68K/mo → $51,000–$102,000. Charlotte food scene, Asheville tourism.
- Finance and Professional Services
- $90K/mo → $67,500–$135,000. Charlotte banking corridor suppliers.
- Healthcare
- $78K/mo → $58,500–$117,000. Triangle and Triad medical practices.
- Construction
- $88K/mo → $66,000–$132,000. Charlotte and Raleigh-Durham boom.
- What North Carolina businesses qualify for an MCA?
- Restaurants, contractors, retailers, healthcare practices, manufacturers, hospitality companies, and most revenue-generating small businesses qualify. Requirements across all North Carolina cities: 500+ personal FICO, $10,000+/month in gross revenue, 6+ months in business, an active NC business bank account, and no open bankruptcy. Charlotte, Raleigh, Greensboro, Durham, Winston-Salem, Fayetteville, Cary, Wilmington, High Point, Asheville — and all North Carolina cities — qualify.
- How much can a North Carolina business get from an MCA?
- Typically 75–150% of your average monthly gross deposits. A Charlotte restaurant with $68,000/month qualifies for $51,000–$102,000. A Raleigh tech services firm with $85,000/month qualifies for $63,750–$127,500. An Asheville hospitality business with $60,000/month qualifies for $45,000–$90,000. The maximum advance is $1,000,000 for high-revenue businesses. Apply at T.A.G. in under 10 minutes — decisions in hours.
- Does North Carolina regulate merchant cash advances?
- As of July 2026, North Carolina SL 2023-78 commercial financing disclosure law, effective October 2023 applies. This requires MCA providers to disclose the advance amount, total repayment amount, APR equivalent, payment schedule, and prepayment terms in writing before funding.