The Merchant Processing Resource

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Ohio Merchant Cash Advance Stats

There were approximately 524* Merchant Cash Advance(MCA) transactions in the State of Ohio for 2010

Using a $25,000 Average Deal Size, that equates to $13,100,000 provided to small businesses.

Estimated State Population in 2009: 11,542,645

Estimated State Retail Businesses: 67,850

State Unemployment Rate (As of Nov. 2010): 9.8%


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

 Merchant Cash and Capital
 First Funds
 1st Merchant Funding  32
 Business Financial Services
 Strategic Funding Source (Including Colonial Funding Network)  26
 Merchants Capital Access
 Merchant Capital Source
 Capital For Merchants
 Max Advance
 RapidAdvance 10
 American Finance Solutions 9
 Greystone Business Resources
 EZ Business Cash Advance
 The Business Backer
 Business Consulting Options 6
 Snap Advances 6
 Merchant Advance Funding LP
 Advantage Capital Funds
 Express Working Capital
 Sterling Funding
 Factor Funding  2
 GRP Funding
 Happy Rock Merchant Solutions 1
 Merchant Cash Group

*Figure includes new UCC-1 filings and in some cases, amendments. It also factors in an estimate of transactions that do not have any UCC records or undiscovered records.

Sources used:

Ohio Secretary of State

Bureau of Labor Statistics

Government Census