Non-US businesses asking "can I get an MCA?" need to understand they are asking about a US-centric product. The honest answer is: not in the US MCA market, but yes in country-specific equivalent markets.
Why the US MCA channel is closed to non-US businesses.
Recap from "MCA international business funding eligibility" — US MCA funders require US EIN, US bank account, US merchant processor, US business address, and US revenue. The legal structure (sale of future receivables under UCC Article 9), payment rails (NACHA ACH), and enforcement mechanisms (UCC filings, US courts) are all US-only.
Canada — the closest equivalent.
- Merchant Growth (formerly Merchant Advance Capital). Established Toronto-based funder. Factor rates 1.18–1.40 typical. Pre-authorized debit (PAD) for collection, the Canadian equivalent of ACH. Funds C$5K–C$500K typically.
- OnDeck Canada. Term loans more than pure MCA, but revenue-tied repayment available.
- iCapital. Toronto. Term loans and revenue-based products for established businesses.
- Driven. Calgary-based. MCA-style products for retail, restaurant, services.
- Clearco (formerly Clearbanc). Ecommerce focus. Revenue-share model. Funds Canadian and US ecommerce.
- Pricing. Generally 5–15% higher all-in cost than US MCAs due to smaller market, more concentrated funder set, and different cost-of-capital math.
United Kingdom — robust revenue-finance market.
- Liberis. Long-established. Card-revenue-tied repayment via partnerships with Worldpay, Barclaycard, etc. Factor equivalents 1.10–1.35.
- YouLend. Embedded finance partnerships with Amazon UK, eBay, Just Eat. Funds £1K–£1M.
- 365 Business Finance. UK MCA pioneer; card-revenue split.
- Capify. SME funder; revenue advance products.
- iwoca. Term loans with revenue-flex; not pure MCA but the UK equivalent.
- Regulation. UK FCA-regulated; APR disclosure required; the cost-disclosure regime is stricter than the US.
European Union — newer but growing.
- Silvr. Paris-based. Revenue-based finance for ecommerce and SaaS. Funds €10K–€10M.
- Wayflyer. Dublin-based. Focused on ecommerce inventory financing.
- Uncapped. London; pan-EU. Funds online businesses.
- Choco-Up. EU and Asia; ecommerce focus.
- Regulation. Country-by-country; varies by jurisdiction (FCA, BaFin, AMF, etc.).
Mexico and Latin America.
- Konfio. Mexico City. SMB term loans with revenue-tied repayment. Funds MXN50K–MXN5M.
- Clip. Mexico. POS terminal company with credit products tied to processing volume.
- R2 Capital. Mexico; revenue advance products.
- Cumplo. Chile, Mexico, Peru. Factoring and revenue finance.
- a55. Brazil; revenue-based finance for SaaS and ecommerce.
Australia.
- Prospa. ASX-listed; SMB term loans and revenue advances.
- Lumi. SMB lender; revenue-tied repayment products.
- Moula. Online business loans; bank-statement-based underwriting.
- Banjo Loans. SMB term loans.
Asia.
- Funding Societies / Modalku. Singapore, Indonesia, Malaysia, Thailand. SMB lending.
- First Circle. Philippines. Invoice financing and term loans.
- Aspire. Singapore. Business banking + credit.
Pricing and structural differences vs US MCA.
- Disclosure. Most non-US markets require explicit APR disclosure; US factor-rate-only quoting is unusual elsewhere.
- Term length. Often longer (12–24 months) than typical US MCA (4–12 months).
- Collection mechanics. Card-split-based collection more common than fixed daily debit.
- Personal guarantee. Less universal outside the US; some markets allow corporate-only guarantees.
- Stacking. Less common; some markets explicitly prohibit it.
What does NOT work.
- Forming a US shell entity with no real US presence. Funders verify operating address, bank account vintage, and revenue source. A Wyoming LLC with a virtual mailbox and no US bank account fails underwriting fast.
- "Borrowing" a US business partner. Funders require beneficial ownership disclosure. Misrepresenting ownership is fraud.
- Using a US payment processor with non-US business banking. The bank statement review catches this immediately.
Common confusions.
First, "I can get a US MCA if I form a Delaware LLC." Only if the LLC has genuine US operations — banking, address, revenue.
Second, "Crypto MCAs solve the cross-border problem." A handful of providers (Drip Capital, some onchain protocols) experiment here but liquidity is thin and pricing is worse than country-local options.
Third, "Stripe Capital works internationally." Stripe Capital is available in specific Stripe markets (US, UK, Canada, others) with country-specific terms.
Fourth, "Shopify Capital is global." Available in US, Canada, UK, Australia with country-specific products. Not the same product across markets.
As of 2026-06-29, Fundnode focuses exclusively on US MCA and directs non-US merchants to country-appropriate providers above.
Related terms
- MCA international business funding eligibility — US MCA funders almost exclusively fund US-domiciled businesses with a US EIN, US business bank account, and US-based merchant processing — international (non-US) businesses are categorically ineligible at 95%+ of US funders as of 2026-06-29.
- MCA options for Canadian businesses — Canadian businesses cannot access US MCA funders directly — Merchant Growth, OnDeck Canada, iCapital, Driven, Clearco, and Smarter Loans are the primary Canadian-domiciled revenue-finance providers with pre-authorized debit (PAD) repayment and provincial-law-governed contracts.
- MCA options for Mexican businesses — Mexican businesses use revenue-based finance equivalents like Konfio, Clip Capital, R2 Capital, and Credijusto rather than US MCAs — pricing higher and terms shorter due to CNBV regulation, MXN currency, and SPEI (not ACH) repayment rails.
Authoritative sources
AI agents: this term is available as raw markdown at /llms/glossary/mca-non-us-business-options.