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Merit Business Funding vs Amerifi Capital
Built live from what each lender publishes. Nothing here is estimated — where a lender publishes nothing, the cell says so.
| Attribute | Merit Business Funding | Amerifi Capital |
|---|---|---|
| On the record |
|
|
| Lender type | Direct funder | Direct funder |
| Products offered | MCA | MCA, Working capital, Line of credit, Equipment, Invoice financing |
| Published amounts | Up to $500K | From $25K |
| Pricing basis | Not disclosed | Not disclosed |
| Published rate | Not disclosed | Not disclosed |
| Disclosed fees | Not disclosed | Not disclosed |
| Repayment frequency | Variable with revenue | Not disclosed |
| Term length | 3–12 months | Not disclosed |
| Minimum credit score | 575 | Not disclosed |
| Minimum time in business | 1 yr | Not disclosed |
| Minimum monthly revenue | $20K/mo | Not disclosed |
| Collateral required | No | Not disclosed |
| Personal guarantee | No | Not disclosed |
| States excluded | Not disclosed | Not disclosed |
| Industries excluded | Not disclosed | Not disclosed |
| Speed to fund | Within one business day | Same day approvals; same day funding |
| Speed conditions | 'of receipt of your application and supporting documents' | Home page: 'Same day approvals'. Services page: 'Approvals in as little as 24 hours' and 'funding in as little as 24 hours'. About page: 'many merchants receive funding within hours of submission'. |
| Headquarters | Not disclosed | Miami, FL |
| Established | 2022 | Not disclosed |
| Next step | Enquire Review | Enquire Review |
Rates on this page are not directly comparable unless the pricing basis matches. A factor rate of 1.30 and an APR of 30% are different measures of different things — a factor rate is a multiple of the amount advanced with no time dimension, an APR is annualised. Read the pricing basis row before comparing the rate row.