The Merchant Processing Resource

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Washington Merchant Cash Advance Stats

There were approximately 355* Merchant Cash Advance(MCA) transactions in the State of Washington for 2010

Using a $25,000 Average Deal Size, that equates to $8,875,000 provided to small businesses.

Estimated State Population in 2009: 6,664,195

Estimated State Retail Businesses: 37,030

State Unemployment Rate (As of Nov. 2010): 9.2%


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

 AdvanceMe 78
 Merchant Cash and Capital
 First Funds
 1st Merchant Funding 27
 Business Financial Services
 Capital For Merchants
 Strategic Funding Source (Including Colonial Funding Network)  12
 American Finance Solutions
 AmeriMerchant 9
 Merchants Capital Access
 Merchant Capital Source
 Advantage Capital Funds
 EZ Business Cash Advance
 Greystone Business Resources
 Max Advance
 Sterling Funding
 Factor Funding
 Infinity Capital Funding
 Merchant Advance Funding LP
 BankCard Funding  1
 Business Consulting Options  1
 Centerboard Funding
 Express Working Capital
 Happy Rock Merchant Solutions
 Snap Advances

*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:

Washington Secretary of State

Bureau of Labor Statistics

Government Census