MCA Qualification Requirements — South Carolina
500+
Personal FICO Score
$10,000+
Monthly Revenue
6 months
Min Time in Business
Active SC
Business Bank Account
No open
Bankruptcy
3–6 months
Bank Statements
South Carolina Industries T.A.G. Funds
Hospitality and Tourism
Equipment, remodel, payroll, beach-season capital
Manufacturing
Equipment, raw materials, receivables bridge
Construction and Contractors
Materials, payroll, equipment, mobilization
Restaurants and Food Service
Equipment, remodel, payroll, seasonal capital
Healthcare — Private Practice
Medical equipment, insurance AR gap, expansion
Retail
Inventory, peak-season capital, marketing
South Carolina Cities We Fund
ColumbiaCharlestonNorth CharlestonGreenvilleSpartanburgRock HillMyrtle BeachSumterAndersonFlorenceHilton HeadGoose Creek
Frequently Asked Questions
- How do I get a merchant cash advance in South Carolina?
- Apply online at T.A.G. in under 10 minutes. Submit 3–6 months of SC business bank statements. Receive an offer within hours. Sign electronically. Funds arrive in your SC bank account in 24–72 hours. Requirements: 500+ FICO, $10,000+/month revenue, 6+ months in business, active SC business bank account, no open bankruptcy.
- Are merchant cash advances legal in South Carolina?
- Yes — MCAs are legal in South Carolina. SC has no specific MCA disclosure laws as of 2026. MCAs are classified as purchase agreements for future receivables — not subject to South Carolina usury laws. SC's coastal hospitality businesses, Upstate manufacturing sector, and construction industry widely use MCAs for working capital needs.
MCA for South Carolina Businesses — Economy Overview
South Carolina's $280 billion economy is powered by automotive and aerospace manufacturing (BMW, Boeing, Volvo), a booming coastal tourism sector, and a growing logistics hub centered on the Port of Charleston — now the fastest-growing container port on the East Coast. Greenville and Columbia anchor inland manufacturing and professional services. South Carolina has no specific MCA disclosure laws as of 2026.
How Much Can a South Carolina Business Get?
MCA advances are typically 75–150% of your average monthly gross deposits. A Charleston restaurant with $55,000/month qualifies for $41,250–$82,500. A Greenville manufacturer with $90,000/month qualifies for $67,500–$135,000. A Columbia healthcare practice with $70,000/month qualifies for $52,500–$105,000.
- Automotive and Manufacturing
- $90K/mo → $67,500–$135,000. BMW, Volvo, Boeing supply chain.
- Hospitality and Tourism
- $55K/mo → $41,250–$82,500. Charleston, Hilton Head, Myrtle Beach.
- Healthcare
- $70K/mo → $52,500–$105,000. Columbia and Greenville independent practices.
- Construction
- $80K/mo → $60,000–$120,000. Coastal development and inland growth.
- Logistics
- $85K/mo → $63,750–$127,500. Port of Charleston corridor.
- What South Carolina businesses qualify for an MCA?
- Restaurants, contractors, retailers, healthcare practices, manufacturers, hospitality companies, and most revenue-generating small businesses qualify. Requirements across all South Carolina cities: 500+ personal FICO, $10,000+/month in gross revenue, 6+ months in business, an active SC business bank account, and no open bankruptcy. Columbia, Charleston, Greenville, Rock Hill, Mount Pleasant, North Charleston, Spartanburg, Myrtle Beach — and all South Carolina cities — qualify.
- How much can a South Carolina business get from an MCA?
- Typically 75–150% of your average monthly gross deposits. A Charleston restaurant with $55,000/month qualifies for $41,250–$82,500. A Greenville manufacturer with $90,000/month qualifies for $67,500–$135,000. A Columbia healthcare practice with $70,000/month qualifies for $52,500–$105,000. The maximum advance is $1,000,000 for high-revenue businesses. Apply at T.A.G. in under 10 minutes — decisions in hours.
- Does South Carolina regulate merchant cash advances?
- This state has no specific MCA disclosure laws as of 2026. MCAs are structured as purchase agreements for future receivables, not loans. Always request full written disclosure of advance amount, factor rate, total repayment, and holdback percentage.