Square’s Merchant Cash Advance Program Now Among Biggest in the World

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Square originated more than $400 million worth of merchant cash advances advances in 2015, according to their Q4 earnings report. Their average deal size was just shy of $6,000. The result is a 300% increase year-over-year and makes them one of the largest players in that industry worldwide.


RANKINGS



Company Name 2015 Funding Volume 2014 Funding Volume
OnDeck $1,900,000,000 $1,200,000,000
CAN Capital $1,500,000,000 $1,000,000,000
Funding Circle $1,200,000,000 $600,000,000
PayPal Working Capital $900,000,000 $250,000,000
Bizfi $480,000,000 $277,000,000
Fundry (Yellowstone Capital) $422,000,000 $290,000,000
Square Capital $400,000,000 $100,000,000
Strategic Funding Source $375,000,000 $280,000,000

*The above numbers were either disclosed to deBanked directly or are a best estimate based on publicly available materials. This list is not comprehensive and in instances where no reliable data could be obtained, the company was just omitted.

A much longer list will be available in deBanked’s March/April 2016 Magazine Issue. SUBSCRIBE FREE to make sure you obtain a copy.

Last modified: March 10, 2016
Sean Murray


Category: merchant cash advance

Home merchant cash advance Square’s Merchant Cash Advance Program Now Among Biggest in the World