The Merchant Processing Resource

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Colorado Merchant Cash Advance Stats

There were approximately 503* Merchant Cash Advance(MCA) transactions in the State of Colorado for 2010.

Using a $25,000 Average Deal Size, that equates to $12,575,000 provided to small businesses.

Estimated State Population in 2009: 5,024,748

Estimated State Retail Businesses: 34,973

State Unemployment Rate (As of Nov. 2010): 8.6%


Below is a fairly accurate breakdown of funding volume by MCA Provider. Data retrieved from Colorado Secretary of State UCC Records

 AdvanceMe 128
 Merchant Cash and Capital
 Business Financial Services
 First Funds
 1st Merchant Funding
 Greystone Business Resources
 Strategic Funding Source (Includes Colonial Funding Network)  15
 Merchants Capital Access  14
 Max Advance
 RapidAdvance 11
 Capital For Merchants
 Advantage Capital Funds
 American Finance Solutions
 Happy Rock Merchant Solutions 8
 Merchant Advance Funding LP
 Merchant Capital Source
 Factor Funding
 Snap Advances
 AmeriMerchant 5
 BankCard Funding  5
 Sterling Funding
 Business Consulting Options
 Professional Merchant Advance Capital
 EZ Business Cash Advance
 GRP Funding
 Express Working Capital
 The Business Backer
 Infinity Capital Funding
 Merchant Cash Group


*Figure assumes that 15% of all MCA transactions are not recorded with the Secretary of State via a UCC Filing or are filed under an undisclosed legal entity. Additionally, some firms file a new UCC when conducting additional transactions with an existing client. 

Sources used:

Colorado Secretary of State

Bureau of Labor Statistics

Government Census