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Merchant Cash Advance Market By Repayment Method (MCA Split, Automated Clearing House (ACH), MCA Lockbox), By Application (IT and Telecom, Healthcare, Manufacturing, Retail and E-commerce, Travel and Hospitality, Energy and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2024-2032

April 2024 | 265 pages | ID: M0FD74C51823EN
Allied Market Research

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In 2023, the global merchant cash advances market reached a value of $17.9 billion. Projected t%li%reach $32.7 billion by 2032, with a CAGR of 7.2% from 2024 t%li%2032. A merchant cash advance (MCA) involves a sales agreement wherein the merchant (the seller) sells their future revenue at a discount t%li%the merchant cash advance company (the buyer). This arrangement offers small businesses an alternative t%li%other forms of small business loans that might be more challenging t%li%obtain, such as business lines of credit or traditional bank loans. Business owners receive a lump sum upfront from a merchant cash advance provider and repay the advance from future sales. An MCA serves as a funding option for businesses with high credit card sales volume, an urgent need for funding, and potential ineligibility for other small business loans.



The merchant cash advance market's expansion is driven by the rising demand for alternative financing. Small businesses frequently encounter obstacles in securing traditional financing, prompting a heightened interest in alternative financing avenues like merchant cash advances. Additionally, the increasing adoption of digital payments, including credit and debit cards, has resulted in a surge in credit card transactions, rendering merchant cash advances a more feasible option for businesses. For instance, in July 2023, YouLend collaborated with Paysafe, a leading payments platform, t%li%introduce a market-leading financing solution t%li%a targeted segment of their U.S. clientele, thereby bolstering their relationship with merchants. While Paysafe was already furnishing its customers with a comprehensive payment solution on a global scale, the company sought t%li%address additional needs for its merchant base.

However, merchant cash advances often come with high costs, including factor rates and fees, which can make them a less attractive option for businesses with tight budgets. Furthermore, many businesses are unaware of merchant cash advances and their benefits, leading t%li%a lack of adoption. These factors hinder the widespread adoption of merchant cash advance services and influence decision-making processes within the market. On the contrary, the increasing use of technology in the financial services industry, such as the use of artificial intelligence and machine learning for underwriting and risk assessment, presents an opportunity for growth in the merchant cash advance market. In addition, the growing demand for short-term financing options, especially among seasonal businesses, presents an opportunity for growth in the merchant cash advance market.

The merchant cash advance market is segmented int%li%repayment method, application, and region. On the basis of repayment method, the market is categorized int%li%MCA split, automated clearing house (ACH), and MCA lockbox. As per application, the market is differentiated int%li%IT and telecom, healthcare, manufacturing, retail and e-commerce, travel and hospitality, energy and utilities, and others. Region wise, it is analyzed across North America (the U.S., and Canada), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), Latin America (Brazil, Argentina, and rest of Latin America), and Middle East and Africa (GCC Countries, South Africa, and rest of Middle East and Africa).

The key players operating in the global merchant cash advance market include CAN Capital, Inc., Fundbox, Kalamata Capital Group, Lendio, Libertas Funding, LLC, National Business Capital, OnDeck, Perfect Alliance Capital, Rapid Finance, and Reliant Funding. These players have adopted various strategies t%li%increase their market penetration and strengthen their position in the merchant cash advance industry.

Key Benefits for Stakeholders
    • The study provides in-depth analysis of the merchant cash advance market along with current trends and future estimations t%li%illustrate the imminent investment pockets.
  • Information about key drivers, restraints, & opportunities and their impact analysis on the merchant cash advance market size are provided in the report.
  • The Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
      • The quantitative analysis of the merchant cash advance market from 2024 t%li%2032 is provided t%li%determine the market potential.
Additional benefits you will get with this purchase are:
  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
      • 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting t%li%16 analyst hours t%li%solve questions, and post-sale queries)
    • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent t%li%3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)
  • Investment Opportunities
  • Market share analysis of players by products/segments
  • Regulatory Guidelines
    • Additional company profiles with specific t%li%client's interest
  • Additional country or region analysis- market size and forecast
  • Expanded list for Company Profiles
  • Market share analysis of players at global/region/country level
Key Market Segments

By Repayment Method
  • MCA Split
  • Automated Clearing House (ACH)
  • MCA Lockbox
By Application
  • Healthcare
  • Manufacturing
  • Retail and E-commerce
  • Travel and Hospitality
  • Energy and Utilities
  • Others
  • IT and Telecom
By Region
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East and Africa
  • Gcc Countries
  • South Africa
  • Rest of Middle East And Africa
  • Key Market Players
  • CAN Capital, Inc.
  • Fundbox
  • Kalamata Capital Group
  • Lendio
  • Libertas Funding, LLC
  • National Business Capital
  • OnDeck
  • Perfect Alliance Capital
  • Rapid Finance
  • Reliant Funding
CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
  1.4.1. Primary research
  1.4.2. Secondary research
  1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
  3.2.1. Top impacting factors
  3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: MERCHANT CASH ADVANCE MARKET, BY REPAYMENT METHOD

4.1. Overview
  4.1.1. Market size and forecast
4.2. MCA Split
  4.2.1. Key market trends, growth factors and opportunities
  4.2.2. Market size and forecast, by region
  4.2.3. Market share analysis by country
4.3. Automated Clearing House (ACH)
  4.3.1. Key market trends, growth factors and opportunities
  4.3.2. Market size and forecast, by region
  4.3.3. Market share analysis by country
4.4. MCA Lockbox
  4.4.1. Key market trends, growth factors and opportunities
  4.4.2. Market size and forecast, by region
  4.4.3. Market share analysis by country

CHAPTER 5: MERCHANT CASH ADVANCE MARKET, BY APPLICATION

5.1. Overview
  5.1.1. Market size and forecast
5.2. IT and Telecom
  5.2.1. Key market trends, growth factors and opportunities
  5.2.2. Market size and forecast, by region
  5.2.3. Market share analysis by country
5.3. Healthcare
  5.3.1. Key market trends, growth factors and opportunities
  5.3.2. Market size and forecast, by region
  5.3.3. Market share analysis by country
5.4. Manufacturing
  5.4.1. Key market trends, growth factors and opportunities
  5.4.2. Market size and forecast, by region
  5.4.3. Market share analysis by country
5.5. Retail and E-commerce
  5.5.1. Key market trends, growth factors and opportunities
  5.5.2. Market size and forecast, by region
  5.5.3. Market share analysis by country
5.6. Travel and Hospitality
  5.6.1. Key market trends, growth factors and opportunities
  5.6.2. Market size and forecast, by region
  5.6.3. Market share analysis by country
5.7. Energy and Utilities
  5.7.1. Key market trends, growth factors and opportunities
  5.7.2. Market size and forecast, by region
  5.7.3. Market share analysis by country
5.8. Others
  5.8.1. Key market trends, growth factors and opportunities
  5.8.2. Market size and forecast, by region
  5.8.3. Market share analysis by country

CHAPTER 6: MERCHANT CASH ADVANCE MARKET, BY REGION

6.1. Overview
  6.1.1. Market size and forecast By Region
6.2. North America
  6.2.1. Key market trends, growth factors and opportunities
  6.2.2. Market size and forecast, by Repayment Method
  6.2.3. Market size and forecast, by Application
  6.2.4. Market size and forecast, by country
    6.2.4.1. U.S.
      6.2.4.1.1. Market size and forecast, by Repayment Method
      6.2.4.1.2. Market size and forecast, by Application
    6.2.4.2. Canada
      6.2.4.2.1. Market size and forecast, by Repayment Method
      6.2.4.2.2. Market size and forecast, by Application
6.3. Europe
  6.3.1. Key market trends, growth factors and opportunities
  6.3.2. Market size and forecast, by Repayment Method
  6.3.3. Market size and forecast, by Application
  6.3.4. Market size and forecast, by country
    6.3.4.1. UK
      6.3.4.1.1. Market size and forecast, by Repayment Method
      6.3.4.1.2. Market size and forecast, by Application
    6.3.4.2. Germany
      6.3.4.2.1. Market size and forecast, by Repayment Method
      6.3.4.2.2. Market size and forecast, by Application
    6.3.4.3. France
      6.3.4.3.1. Market size and forecast, by Repayment Method
      6.3.4.3.2. Market size and forecast, by Application
    6.3.4.4. Italy
      6.3.4.4.1. Market size and forecast, by Repayment Method
      6.3.4.4.2. Market size and forecast, by Application
    6.3.4.5. Spain
      6.3.4.5.1. Market size and forecast, by Repayment Method
      6.3.4.5.2. Market size and forecast, by Application
    6.3.4.6. Rest of Europe
      6.3.4.6.1. Market size and forecast, by Repayment Method
      6.3.4.6.2. Market size and forecast, by Application
6.4. Asia-Pacific
  6.4.1. Key market trends, growth factors and opportunities
  6.4.2. Market size and forecast, by Repayment Method
  6.4.3. Market size and forecast, by Application
  6.4.4. Market size and forecast, by country
    6.4.4.1. China
      6.4.4.1.1. Market size and forecast, by Repayment Method
      6.4.4.1.2. Market size and forecast, by Application
    6.4.4.2. Japan
      6.4.4.2.1. Market size and forecast, by Repayment Method
      6.4.4.2.2. Market size and forecast, by Application
    6.4.4.3. India
      6.4.4.3.1. Market size and forecast, by Repayment Method
      6.4.4.3.2. Market size and forecast, by Application
    6.4.4.4. Australia
      6.4.4.4.1. Market size and forecast, by Repayment Method
      6.4.4.4.2. Market size and forecast, by Application
    6.4.4.5. South Korea
      6.4.4.5.1. Market size and forecast, by Repayment Method
      6.4.4.5.2. Market size and forecast, by Application
    6.4.4.6. Rest of Asia-Pacific
      6.4.4.6.1. Market size and forecast, by Repayment Method
      6.4.4.6.2. Market size and forecast, by Application
6.5. Latin America
  6.5.1. Key market trends, growth factors and opportunities
  6.5.2. Market size and forecast, by Repayment Method
  6.5.3. Market size and forecast, by Application
  6.5.4. Market size and forecast, by country
    6.5.4.1. Brazil
      6.5.4.1.1. Market size and forecast, by Repayment Method
      6.5.4.1.2. Market size and forecast, by Application
    6.5.4.2. Argentina
      6.5.4.2.1. Market size and forecast, by Repayment Method
      6.5.4.2.2. Market size and forecast, by Application
    6.5.4.3. Rest of Latin America
      6.5.4.3.1. Market size and forecast, by Repayment Method
      6.5.4.3.2. Market size and forecast, by Application
6.6. Middle East and Africa
  6.6.1. Key market trends, growth factors and opportunities
  6.6.2. Market size and forecast, by Repayment Method
  6.6.3. Market size and forecast, by Application
  6.6.4. Market size and forecast, by country
    6.6.4.1. Gcc Countries
      6.6.4.1.1. Market size and forecast, by Repayment Method
      6.6.4.1.2. Market size and forecast, by Application
    6.6.4.2. South Africa
      6.6.4.2.1. Market size and forecast, by Repayment Method
      6.6.4.2.2. Market size and forecast, by Application
    6.6.4.3. Rest of Middle East And Africa
      6.6.4.3.1. Market size and forecast, by Repayment Method
      6.6.4.3.2. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2023

CHAPTER 8: COMPANY PROFILES

8.1. CAN Capital, Inc.
  8.1.1. Company overview
  8.1.2. Key executives
  8.1.3. Company snapshot
  8.1.4. Operating business segments
  8.1.5. Product portfolio
  8.1.6. Business performance
  8.1.7. Key strategic moves and developments
8.2. Fundbox
  8.2.1. Company overview
  8.2.2. Key executives
  8.2.3. Company snapshot
  8.2.4. Operating business segments
  8.2.5. Product portfolio
  8.2.6. Business performance
  8.2.7. Key strategic moves and developments
8.3. Kalamata Capital Group
  8.3.1. Company Overview
  8.3.2. Key executives
  8.3.3. Company snapshot
  8.3.4. Operating business segments
  8.3.5. Product portfolio
  8.3.6. Business performance
  8.3.7. Key strategic moves and developments
8.4. Lendio
  8.4.1. Company overview
  8.4.2. Key executives
  8.4.3. Company snapshot
  8.4.4. Operating business segments
  8.4.5. Product portfolio
  8.4.6. Business performance
  8.4.7. Key strategic moves and developments
8.5. Libertas Funding, LLC
  8.5.1. Company overview
  8.5.2. Key executives
  8.5.3. Company snapshot
  8.5.4. Operating business segments
  8.5.5. Product portfolio
  8.5.6. Business performance
  8.5.7. Key strategic moves and developments
8.6. National Business Capital
  8.6.1. Company overview
  8.6.2. Key executives
  8.6.3. Company snapshot
  8.6.4. Operating business segments
  8.6.5. Product portfolio
  8.6.6. Business performance
  8.6.7. Key strategic moves and developments
8.7. OnDeck
  8.7.1. Company overview
  8.7.2. Key executives
  8.7.3. Company snapshot
  8.7.4. Operating business segments
  8.7.5. Product portfolio
  8.7.6. Business performance
  8.7.7. Key strategic moves and developments
8.8. Perfect Alliance Capital
  8.8.1. Company overview
  8.8.2. Key executives
  8.8.3. Company snapshot
  8.8.4. Operating business segments
  8.8.5. Product portfolio
  8.8.6. Business performance
  8.8.7. Key strategic moves and developments
8.9. Rapid Finance
  8.9.1. Company overview
  8.9.2. Key executives
  8.9.3. Company snapshot
  8.9.4. Operating business segments
  8.9.5. Product portfolio
  8.9.6. Business performance
  8.9.7. Key strategic moves and developments
8.10. Reliant Funding
  8.10.1. Company overview
  8.10.2. Key executives
  8.10.3. Company snapshot
  8.10.4. Operating business segments
  8.10.5. Product portfolio
  8.10.6. Business performance
  8.10.7. Key strategic moves and developments


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