← Fundnode · Learn

State hub · Georgia restaurants

Restaurant MCA in Georgia — funders, ranges, and the trap.

Georgia restaurants operate under one of the strictest MCA disclosure regimes in the country — every offer letter must show an APR-equivalent figure starting January 2026. Below: the funders that comply cleanly, realistic dollar ranges, and the renewal mistake that costs GA operators most.

By Keerthana Keti9 min read

Georgia restaurant market context

Georgia restaurants face a 4% state sales tax + 1-5% local sales tax (depending on county) + monthly ST-3 filing + alcohol licensing through the state Department of Revenue. The newest factor: SB 90 (effective January 2026) requires APR-equivalent disclosure on every MCA offer letter under $500K. Georgia is one of the five states with this law alongside California, New York, Utah, and Virginia. The practical effect: GA operators see the true cost of capital on the offer letter, not just the factor rate — which has shifted competitive pricing here in 2026.

Top funders for Georgia restaurants

Credibly

Most transparent on factor and APR disclosure — already SB 90 compliant. Best A-paper option for established GA restaurants (12+ months, $25K+/mo). Factor starts at 1.11 for top-tier files.

Greenbox Capital

Heavy GA restaurant volume, especially Atlanta. Five products under one roof — if MCA pricing doesn't pencil at 1.30+ factor, they'll quote LOC or equipment financing from the same submission.

Accord Business Funding

Best for GA restaurants with B/C-paper bank statements — Athens summer dips, post-stacking recovery, under 12 months operating. Underwrites paper that A-paper funders auto-decline.

CFG Merchant Solutions

Already SB 90-ready since they prepped for California SB 362 (same disclosure shape). Best fit for multi-location GA operators in the $100K-$1M deal range.

The Georgia cities we see most often

  • Atlanta — Highest restaurant deal flow in the state. Funders compete aggressively here — same-day offers from Credibly and Greenbox are routine for clean A-paper files.
  • Savannah — Tourism-heavy revenue shape (peak Mar-May and Oct-Nov). Funders that price seasonality (Greenbox, Accord) work better than out-of-state shops that read off-peak months as decline signals.
  • Augusta — Lower-deposit-volume independent restaurants are common. Smaller MCA ($15K–$50K) from B/C-paper specialty funders is the typical fit.
  • Athens — College-town revenue cycle — heavy Aug-May, slow June-July. Operators need funders that understand the academic calendar; out-of-state shops mistake summer dips for distress.

The funding math, in Georgia terms

Typical GA restaurant MCA: $30,000 advance at 1.32 factor = $39,600 total repayment over 9 months. That's ~$180/business-day for ~220 days. If your weakest 30 days do $24,000 in deposits, the daily debit (~$180 × 22 = $3,960/month) is roughly 16% of weakest-month gross. Now that SB 90 forces APR disclosure, you'll see this same deal quoted as roughly 65% APR-equivalent on the offer letter — same math, different framing. The renewal mistake: GA operators get pushed into renewals at 50% paid-down without recalculating the APR on the renewal principal. Always price the renewal as a fresh deal.

Related reading for Georgia restaurant operators

Frequently asked questions

Frequently asked questions

Does Georgia's SB 90 MCA disclosure law apply to all funders?
Yes — any funder offering MCA to a Georgia business under $500K must disclose APR-equivalent on the offer letter, starting January 2026. Credibly, CFG Merchant Solutions, and Greenbox are compliant. If your offer letter doesn't show APR alongside factor rate, the funder is non-compliant — request it in writing before signing or walk away.
What's the lowest revenue floor a Georgia restaurant needs to qualify for MCA?
A-paper funders (Credibly, Greenbox, CFG) want $20,000+/month in deposits and 12+ months operating. Accord and B-paper specialty funders go to $10,000/month and 3-6 months. Toast Capital and Square Capital underwrite POS volume directly — $10K+/month processed through their hardware typically triggers an embedded offer with no application.
Can a Georgia restaurant use MCA proceeds to pay state sales tax?
Yes — MCA is working capital with no use restrictions. GA operators routinely do this when ST-3 sales-tax filings come due and cash is short. Honest math: borrowing $10K at 1.30 factor to cover a $10K sales-tax payment costs $3K over 9 months versus the GA Department of Revenue penalty schedule (5% per month, max 25%) plus interest accrual. For one-off gaps it works; recurring deficits signal a margin problem.
How does SB 90 change MCA shopping for Georgia restaurants?
Two ways. First, you can now compare offers on APR-equivalent directly instead of squinting at factor rates and term lengths. Second, funders that were pricing GA deals at 80%+ APR-equivalent (and hiding it in factor framing) have started either repricing or skipping the GA market. Net effect: pricing has tightened meaningfully in 2026, especially for A-paper.
What's the biggest mistake GA restaurants make with MCAs?
Taking the renewal at 50% paid-down without recalculating. Most GA operators get pitched a renewal as 'free capital' once they're halfway through repayment — but the renewal factor is applied to a new, smaller principal, so the APR-equivalent often goes up, not down. Run the math as if it's a new deal: principal × factor = repayment, divide by months to get monthly cost, compare to alternatives. If the renewal APR is higher than what Credibly or Greenbox would quote you fresh, pass.