SAPI prioritizes responsible lending and financial stability by evaluating businesses against specific criteria before offering a Merchant Cash Advance (MCA). These requirements help determine eligibility for funding and support long-term success.
Merchant Cash Advance (MCA) Eligibility Criteria
To qualify for a Merchant Cash Advance (MCA), your business must meet the following requirements:
1. Business Requirements
Your business must be officially registered with Companies House (UK) or the Companies Registration Office (CRO) (Ireland).
A minimum of 12 months of trading history is required, verified through Open Banking or 12 months of bank statements.
2. Applicant Requirements
Must be at least 18 years old.
Only non-sole trader entities such as limited companies and partnerships (LLPs) are eligible.
Must reside in the country where the company is registered.
Non-nationals residing in the UK or Ireland must provide proof of residency for the duration of the MCA, along with any additional required documentation.
3. Financial & Creditworthiness Requirements
Refinancing an existing MCA: At least 50% of the current MCA must be repaid.
SAPI MCA renewals: At least 70% repayment is required.
Directors or applicants must not:
Be involved in any active liquidations or bankruptcies (business or personal).
Have significant adverse events against shareholding directors.
4. Identification Requirements
A passport or government-issued photo ID with at least six months’ validity remaining.
Excluded Businesses
While we support a wide range of businesses, MCAs are not available to those in the following sectors:
Gambling
Adult entertainment
Defence
Cryptocurrency exchanges
Trading of bullion or precious metals
Sale of high-value jewellery
Sale of cars
Fuel, petroleum, and gas
Activities of holding companies
All applications undergo a thorough assessment, including credit checks.
Checking Your Eligibility
If you don’t see an MCA offer on your dashboard or haven’t received an offer email, your business may not currently qualify. However, we assess eligibility daily based on factors like payment processing volume, account history, and payment frequency—so your eligibility may change over time.
We are committed to keeping you informed and providing the resources you need to understand how SAPI MCAs work.
Get Started
Begin your application today and take the first step toward securing the funding your business needs to grow. The process is quick, simple, and designed to help you access capital with ease.