Four US MCA Programs Raised $12.25M on Percent: What It Means for Owners With Bad Credit
Percent reported $12.25M in provider funding, but a trucking merchant cash advance still has undisclosed eligibility, pricing and remittance terms.
News · · 3 min read
Four unnamed US merchant cash advance (MCA) programs closed $6.0 million, $4.0 million, $1.75 million, and $0.5 million in marketplace transactions from July 1 through September 30, 2026, per Percent’s self-reported October 21, 2026 blog post. If you are shopping for a trucking merchant cash advance, that report shares no merchant eligibility rules, factor rates, or remittance terms.
The Q3 2026 Numbers Reported by Percent
On October 21, 2026, Percent published a blog post summarizing third-quarter activity on its platform. In that post, the company reported that five new asset-based programs completed their first marketplace transactions between July 1 and September 30, 2026. Four of those five newly funded programs belonged to US MCA providers or originators.
Because percent.com is reporting on its own marketplace without naming the issuers or providing independent regulatory or SEC filings, every count and dollar amount comes solely from Percent’s self-reported post:
- $6.0 million in New York: One unnamed New York MCA provider closed a single transaction for $6.0 million.
- $4.0 million in New York: A second unnamed New York MCA provider completed a single transaction for $4.0 million.
- $1.75 million in Florida: An unnamed Florida MCA originator that serves Latino-owned businesses closed $1.75 million split across two transactions.
- $0.5 million in New Jersey: An unnamed New Jersey MCA originator completed a single transaction for $0.5 million.
Those four self-reported amounts ($6.0 million, $4.0 million, $1.75 million, and $0.5 million) describe marketplace capital raised by the provider programs on Percent’s platform. They are not independently verified figures, and they are not disclosed advances delivered to small-business merchants.
Why Provider Deals Do Not Reveal Trucking Merchant Cash Advance Terms
When an MCA originator raises money on a private marketplace, that transaction happens at the wholesale level: the funder is lining up capital for its own operations. A headline about millions raised by providers can easily look like fresh money flowing to main-street businesses, or a sign that qualifying with a low credit score just got simpler. Percent’s report does not show easier qualification or improved cash flow for small businesses.
Outside of noting that the Florida originator serves Latino-owned businesses, Percent’s blog post leaves all four MCA providers anonymous. It supplies no merchant-level underwriting criteria, no pricing, and no remittance terms. Whether an owner runs a fleet and searches for a trucking merchant cash advance, looks up retail cash advance rates, or explores an mca refinance or a merchant cash advance consolidation, Percent’s post provides no merchant-level numbers at all.
What This Means for Owners With Bad Credit
For a business owner working through damaged credit, the credit mechanics behind provider funding news are straightforward: how a funder raises its own capital tells you nothing about the contract that lands on your desk. An MCA is structured as a purchase of future receivables, where a provider pays a purchase price up front in exchange for a purchased amount of your future sales.
Because industry announcements omit merchant-level terms, protect your cash flow this month by asking the provider direct questions before you sign any receivables agreement:
- Confirm the receivables structure and cost: Ask the provider to state in writing how the contract is structured as a purchase of future receivables, along with the exact purchase price, the total purchased amount, and the factor rate.
- Check how remittances leave your account: Ask whether remittance is collected through a holdback percentage of your daily receipts or through a preset withdrawal from your bank account.
- Ask for reconciliation in writing: Verify whether the contract includes a reconciliation provision so your remittance can be adjusted if your actual sales drop.
Sources
- Percent — Q3 2026 Performance: More Borrowers, More Deals (published 2026-10-21)
Frequently asked questions
Does the $12.25 million in provider funding mean it is easier to qualify for an MCA?
No. Percent's self-reported figures describe wholesale funding for four provider programs and disclose no merchant eligibility criteria.
Were the reported amounts advances paid to small businesses?
No. The amounts are company-reported marketplace funding for the providers, not verified advances delivered to merchants.
Did Percent disclose retail cash advance rates or remittance terms?
No. The report does not provide merchant-level factor rates, eligibility criteria, or remittance terms.
What should I check before signing an MCA agreement?
Ask for the purchase price, purchased amount, and factor rate in writing. Confirm how remittance is collected, whether reconciliation is available, and what cost disclosures apply in your state.
About the author
The CreditRebuild Editorial team writes plain-English news and guides for business owners rebuilding their credit, sourced and checked under our editorial policy.
