Funder Says Farewell to Car Dealerships

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Merchant Cash and Capital announced today that they will no longer be funding car dealerships. See screenshot of their announcement below:

loans for car dealerships

Over the last 18-24 months, MCC and many other funders have greatly expanded their lists of accepted business types. It will be interesting to see if any other funders follow suit in re-restricting certain industries.

Gas stations, high-ticket furniture stores, and online businesses come to mind…

Last modified: April 20, 2019
Sean Murray

Category: business cash advance, merchant cash advance, merchant financing, merchant funding, merchant loans, MPR Authored