MCA Qualification Requirements: Tennessee
500+
Personal FICO Score
$4K to $6K+
Monthly Revenue
6 months
Min Time in Business
Active TN
Business Bank Account
No open
Bankruptcy
6 months
Bank Statements
Tennessee Industries T.A.G. Funds
Restaurants and Hospitality
Equipment, remodel, payroll, tourism-season capital
Logistics and Distribution
Fleet, fuel, freight receivables, working capital
Construction and Contractors
Materials, payroll, equipment, mobilization
Healthcare: Private Practice
Medical equipment, insurance AR gap, expansion
Retail
Inventory, peak-season capital, marketing
Music and Entertainment
Equipment, venue, booking advances, working capital
Tennessee Cities We Fund
NashvilleMemphisKnoxvilleChattanoogaClarksvilleMurfreesboroFranklinJacksonJohnson CityKingsportHendersonvilleSmyrnaColliervilleBartlett
Frequently Asked Questions
- How do I get a merchant cash advance in Tennessee?
- Apply online at T.A.G. in under 10 minutes. Submit 6 consecutive months of Tennessee 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 TN business bank account, no open bankruptcy.
- Are merchant cash advances legal in Tennessee?
- Yes: MCAs are legal in Tennessee. TN has no specific MCA disclosure laws as of 2026. MCAs are classified as purchase agreements for future receivables: not subject to Tennessee usury laws. Nashville's hospitality and music industry, Memphis logistics sector, and construction businesses widely use MCAs for working capital needs.
MCA for Tennessee Businesses: Economy Overview
Tennessee's $430 billion economy is anchored by Nashville's healthcare and music/entertainment industries, Memphis's logistics hub (FedEx World Headquarters), and a resurgent automotive manufacturing sector. Tennessee has no state income tax, driving business formation at above-average rates. Tennessee has no specific MCA disclosure laws as of 2026.
How Much Can a Tennessee Business Get?
MCA advances are typically 75 to 150% of your average monthly gross deposits. A Nashville restaurant with $62,000/month qualifies for $46,500 to $93,000. A Memphis logistics firm with $95,000/month qualifies for $71,250 to $142,500. A Knoxville contractor with $88,000/month qualifies for $66,000 to $132,000.
- Restaurants and Entertainment
- $62K/mo → $46,500 to $93,000. Nashville Broadway honky-tonks, Memphis BBQ, Gatlinburg tourism.
- Healthcare
- $80K/mo → $60,000 to $120,000. Nashville hosts the largest concentration of for-profit hospital companies in the US.
- Logistics and Trucking
- $95K/mo → $71,250 to $142,500. Memphis FedEx hub drives freight and 3PL demand.
- Construction
- $88K/mo → $66,000 to $132,000. Nashville residential and commercial boom.
- Automotive and Manufacturing
- $105K/mo → $78,750 to $157,500. Volkswagen, Nissan, GM plants throughout Middle Tennessee.
- What Tennessee businesses qualify for an MCA?
- Restaurants, entertainment venues, healthcare practices, logistics companies, contractors, retail shops, auto repair shops, and manufacturers. Requirements: 500+ FICO, $4,000 to $6,000+/month gross revenue, 6+ months in business, active TN bank account, no open bankruptcy. Nashville, Memphis, Knoxville, Chattanooga, and all Tennessee cities qualify.
- How much can a Tennessee business get from an MCA?
- Typically 75 to 150% of average monthly gross revenue. A Nashville healthcare practice with $80,000/month can access $60,000 to $120,000. A Memphis trucking company with $95,000/month can access $71,250 to $142,500. Maximum is $5,000,000.
- Does Tennessee regulate merchant cash advances?
- Tennessee has no specific MCA disclosure laws as of 2026. MCAs are structured as purchase agreements for future receivables rather than loans. Always request written disclosure of all advance terms from any provider.