MCA Qualification Requirements: Utah
Utah Industries T.A.G. Funds
Utah Cities We Fund
Utah MCA Laws and Regulations (2026)
Utah SB 183 (effective January 1, 2023) requires an annual cost of capital disclosure for commercial financing, including MCA. MCAs are classified as purchase agreements for future receivables, not loans, but are still subject to Utah's SB 183 disclosure requirement. Utah's fast-growing tech sector (Silicon Slopes), ski and outdoor recreation economy with seasonal revenue patterns, and construction boom all create demand for flexible, fast-access working capital. MCA reconciliation clauses are especially valuable for Utah businesses with significant seasonal revenue variation.
Frequently Asked Questions
- How do I get a merchant cash advance in Utah?
- Apply online at T.A.G. in under 10 minutes. Submit 6 consecutive months of Utah 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 UT business bank account, no open bankruptcy.
- Are merchant cash advances legal in Utah?
- Yes: MCAs are legal in Utah. Utah SB 183 requires an annual cost of capital disclosure, effective January 1, 2023. MCAs are purchase agreements for future receivables but are still subject to Utah's SB 183 disclosure requirement. Utah's technology, outdoor recreation, construction, healthcare, and restaurant industries widely use MCAs for working capital and equipment needs.
MCA for Utah Businesses: Economy Overview
Utah's $250 billion economy is one of the fastest-growing in the country, anchored by a booming tech sector (Silicon Slopes in the Salt Lake City-Provo corridor), aerospace and defense, tourism (five national parks plus world-class ski resorts), and a thriving construction industry. Utah SB 183 commercial financing disclosure law is in effect as of January 1, 2023: the first state to enact such a law.
How Much Can a Utah Business Get?
MCA advances are typically 75 to 150% of your average monthly gross deposits. A Salt Lake City restaurant with $65,000/month qualifies for $48,750 to $97,500. A Provo tech firm with $85,000/month qualifies for $63,750 to $127,500. A Park City hospitality business with $75,000/month qualifies for $56,250 to $112,500.
- Technology (Silicon Slopes)
- $85K/mo → $63,750 to $127,500. Qualtrics, Domo, and SaaS supplier ecosystem.
- Tourism and Ski Resorts
- $75K/mo → $56,250 to $112,500. Park City, Alta, Snowbird, Bryce, Zion.
- Construction
- $90K/mo → $67,500 to $135,000. Utah's construction sector is among the fastest-growing nationally.
- Restaurants and Hospitality
- $65K/mo → $48,750 to $97,500. SLC downtown, Provo, St. George.
- Healthcare
- $72K/mo → $54,000 to $108,000. Intermountain Health network suppliers.
- What Utah businesses qualify for an MCA?
- Restaurants, contractors, retailers, healthcare practices, manufacturers, hospitality companies, and most revenue-generating small businesses qualify. Requirements across all Utah cities: 500+ personal FICO, $4,000 to $6,000+/month in gross revenue, 6+ months in business, an active UT business bank account, and no open bankruptcy. Salt Lake City, West Valley City, Provo, West Jordan, Orem, Sandy, Ogden, St. George, Layton, South Jordan, and all Utah cities, qualify.
- How much can a Utah business get from an MCA?
- Typically 75 to 150% of your average monthly gross deposits. A Salt Lake City restaurant with $65,000/month qualifies for $48,750 to $97,500. A Provo tech firm with $85,000/month qualifies for $63,750 to $127,500. A Park City hospitality business with $75,000/month qualifies for $56,250 to $112,500. The maximum advance is $5,000,000 for high-revenue businesses. The application takes about ten minutes; the funding provider decides after it reviews your file.
- Does Utah regulate merchant cash advances?
- Utah SB 183 requires an annual cost of capital disclosure for MCA and commercial financing, effective January 1, 2023. MCAs are structured as purchase agreements for future receivables, not loans, but Utah providers must still disclose advance amount, factor rate, total repayment, and holdback percentage in writing.