How we ranked these
We weighted each funder on five criteria: speed to fund, factor rate range, B/C-paper tolerance, renewal economics, and compliance posture. We weighted public transparency over private guidance — funders who publish their economics get credit; funders who hide everything behind "competitive commissions" pages do not.
One disclosure up front: We expect to sign direct partnerships with several of the funders below in late 2026. This article reflects our editorial view today, not a paid placement. If we earn commission on a deal we route in the future, we'll disclose it on the offer page.
The eight, ranked by overall fit for restaurants
- Credibly — best for Modern API + transparent disclosures.
- Greenbox Capital — best for Highest public commission to brokers (= broader marketing reach for merchants).
- Accord Business Funding — best for B/C-paper restaurants with renewal upside.
- CFG Merchant Solutions — best for Compliance-clean operations + larger deals.
- Rapid Finance — best for Tech-forward partnership integrations.
- NewCo Capital Group — best for A-paper restaurants at higher revenue.
- OnDeck — best for Bigger deals with established brand trust.
- Greenvest Funding — best for Large-ticket restaurants with multi-location plans.
Credibly
Best for: Modern API + transparent disclosures
Up to $600K, factor rates starting 1.11 for A-paper, funds in 4 hours for clean files
Strength
March 2026 launched API V2 with multi-part submission + webhook status — the most modern submission UX for ISOs. Strong asset-backed history ($3B+ deployed, 60K+ SMBs).
Watch out
Higher A-paper bar — credit score, TIB, and revenue all need to be solid for the headline factor.
Fit: Restaurants with 12+ months operating and $25K+/mo revenue.
Greenbox Capital
Best for: Highest public commission to brokers (= broader marketing reach for merchants)
Up to $250K MCA, broad product line (factoring, LOC, equipment), white-label contracts
Strength
Publicly states 'up to 19%' ISO commission — highest in our dataset. Has a 2-stip MCA program for businesses with 2+ years and no NSFs. Welcomes new ISOs explicitly with Priority 1 status.
Watch out
$250K cap is lower than competitors. Marketing tilts to broker-friendly rather than merchant-first transparency.
Fit: Restaurants between $15K and $35K/mo, with at least 12 months operating.
Accord Business Funding
Best for: B/C-paper restaurants with renewal upside
$5K–$150K MCA only, B/C-paper, 1st/2nd/3rd position
Strength
Up to 15% commission, 4% monthly volume bonuses, 100% commission on renewals, next-day commission payment. For merchants this means a funder built for restaurants other funders decline.
Watch out
Smaller deal cap. No published factor rate ranges — terms are deal-by-deal. MCA-only (no LOC or term).
Fit: Restaurants with NSF history, irregular revenue, or that have been declined by A-paper funders.
CFG Merchant Solutions
Best for: Compliance-clean operations + larger deals
17,000+ funded units in 2025. Already CA SB 362 compliance-ready for January 2026 deadline.
Strength
3–5% origination fees, no PSFs (per industry reports). Strong NYC institutional posture. Best for funders or merchants planning to operate in California where the new disclosure regime is strictest.
Watch out
Less public on factor rate ranges. Generally pricier than Greenbox or Accord for similar profiles.
Fit: Multi-location restaurants, restaurants planning to operate or fund in California.
Rapid Finance
Best for: Tech-forward partnership integrations
MCA + term + LOC + embedded lending; up to 18-month terms; partner API
Strength
Explicit embedded-lending narrative — works with vertical SaaS platforms. White-label offerings. Stronger product diversification than pure MCA shops.
Watch out
Public commission caps lower (around 5% of financing per archived materials). Less broker-friendly economics than Greenbox or Accord.
Fit: Restaurants where the funding need is recurring (working capital line) rather than one-time MCA.
NewCo Capital Group
Best for: A-paper restaurants at higher revenue
550+ credit, 1+ year TIB, $100K+/mo revenue minimum. $2.2B+ funded across 55,000+ businesses. Approves in 3 hours, funds 24–48.
Strength
Underwrites stronger profiles at competitive terms. Speed advantage with established merchants.
Watch out
$100K+/mo revenue minimum eliminates most independent single-location restaurants. Best for groups or high-volume single locations.
Fit: Multi-location operators, high-volume single locations, restaurants approaching SBA-grade profiles but preferring speed.
OnDeck
Best for: Bigger deals with established brand trust
Term loans up to $400K, LOC up to $200K, same-day funding for established files
Strength
Direct-lender brand recognition. Same-day funding on approved files. Strong term loan product alongside MCA.
Watch out
Their broker/ISO program has a high entry bar (2+ years operating, $1M+/mo MCA volume per their public requirements). For merchants, OnDeck is direct-only realistically — brokers can't easily route deals there until they're at scale.
Fit: Established restaurants (2+ years, $40K+/mo) seeking the cheapest MCA money or a term loan instead.
Greenvest Funding
Best for: Large-ticket restaurants with multi-location plans
$100K–$5M deals, same-day disbursement available, contractual no-backdooring guarantee for brokers
Strength
Largest deal sizes in our list. ISO-protective: written non-circumvention clauses prevent funder from going around the broker. Best for established operators planning growth capital.
Watch out
$100K floor excludes small operators. Underwriting bar matches the deal size.
Fit: Multi-location restaurant groups, franchisees, restaurants planning $200K+ build-outs or acquisitions.
What to ask any funder before signing
Regardless of which funder you choose, these three questions separate honest from sharp:
- "What's the APR-equivalent on this deal?" A funder who can't or won't quote it has something to hide.
- "Is there a prepayment discount?" Get it in writing — some funders charge the full factor regardless of payoff speed.
- "What's the reconciliation policy if my daily revenue drops?" The best funders adjust the daily ACH downward when your deposits drop. Many don't.
Funders we didn't include — and why
- PayPal Working Capital — closed ecosystem, only available to existing PayPal merchants. Not an open-market funder.
- Bluevine, Fundbox — primarily LOC, not MCA. We cover them in our MCA vs LOC vs Term Loan piece.
- LendingTree, Lendio, Fundera — these are marketplaces, not direct funders. Useful for shopping, but the actual capital comes from underlying lenders.
- Smaller specialty MCA shops — Linqfunding, Rowan Advance, Capital Express, etc. — have programs but less public transparency. We'll cover them in a follow-up.
Frequently asked questions
- Which MCA funder is best for a restaurant doing $25K/mo?
- Most direct funders treat $25K/mo as solidly within their box — Credibly, Greenbox, Accord, CFG, and Rapid Finance will all underwrite. Your factor rate at this revenue level usually lands between 1.30 and 1.40. Push for prepayment-discount options.
- Can a restaurant under 12 months in business get an MCA?
- Yes, but the funder pool narrows. Accord, Greenbox's 2-stip MCA, and a handful of others will fund 6–12 month restaurants with strong daily deposits. Expect a higher factor rate (1.40–1.50) and a shorter term.
- What's a good factor rate for a restaurant MCA in 2026?
- Strong A-paper restaurants (24+ months operating, $40K+/mo revenue, 600+ credit, no NSFs): 1.20–1.30. Average B-paper (12+ months, $20K+/mo, 550+ credit): 1.30–1.40. C-paper (6+ months, NSFs in history): 1.40–1.50+. Anything above 1.50 deserves a second opinion.
- Are restaurant-specific MCA funders better than generalist ones?
- Mixed. A few funders market 'restaurant specialty,' but in practice, the larger generalist funders (Credibly, Greenbox, OnDeck, CFG) underwrite more restaurants than the specialty shops. The 'specialist' branding is mostly marketing — the underwriting model is the same.
- Should I work with a broker or go direct?
- It depends. Direct gets you a single offer with no commission baked into the factor rate. A broker shops your file across multiple funders — useful if you're not sure which one to start with. Just verify the broker's compensation is disclosed up front.