Virginia Now Has 150 Registered Sales-Based Financing Providers

| By:

Virginia is for FundersThe number of registered sales-based financing providers in Virginia is increasing, according to the most recent available public records. At last count there were 150. Both funders and brokers are required to be registered if they plan to do any MCA business with VA-based merchants.

If you’re not on the list and you believe you registered, you may not have completed all the steps. Not only do you have to register as a sales-based financing provider but you also have to register to transact business in the state.

1. Register as a sales-based financing provider.

2. Register to transact business in the state.

So there are two applications and registrations to fulfill the requirement, per deBanked’s understanding. See more info here. Please consult an attorney if you have questions.

The state has been very quick to add new registrants to the list so if someone said they registered months ago but that the government has been slow to add them, it might actually be a matter of them missing a requirement instead.

Last modified: July 11, 2023
Sean Murray

Category: Regulation

Home Regulation › Virginia Now Has 150 Registered Sales-Based Financing Providers


    Better Accounting Solutions

    Merchant Financing Leads

    Meridian Leads




    Hunter Caroline

    Fenix Capital Funding

    Total Merchant Resources

    Highland Hill Capital

    Pearl Capital

    ROK Financial

    IOU Financial

    Balboa Capital

    Unique Funding Solutions

    Symplifi Capital

    Flash Advance

    IAC - In Advance Capital


    Velocity Capital Group

    National Funding

    Big Think Capital

    Smart Business Funding

    Vox Funding

    Legend Funding

    South End Capital