Fundnode

Glossary

MCA terms, defined honestly.

The MCA glossary: 953 single-term answers with the math, the legal nuance, and the watch-outs that funder marketing pages sanitize. Most borrowers report costs higher than they expected — usually because a term in the contract was never explained. Every definition here gives you the real cost and the real mechanics up front, before anyone asks for your information.

Want the current numbers instead of definitions? See MCA pricing benchmarks 2026. Just got declined? Start with why — and what to fix.

Core MCA concepts

The fundamentals: what an MCA is, how repayment works, renewals, stacking.

Pricing & cost math

Factor rates, APR-equivalents, fees, and the calculators — the real cost before you sign.

Underwriting & qualification

What funders actually check: bank statements, paper grades, credit, time in business.

Brokers, ISOs & funder economics

Commission structures, syndication, and how the funder side actually makes money.

Loan products & alternatives

SBA loans, lines of credit, factoring, equipment financing — and how each compares to an MCA.

Industry-specific terms

How MCA underwriting and pricing shift by vertical.

Each term also available as raw markdown for AI agents at /llms/glossary/[term].