Important Disclosures

What We Offer

Wavecrest Funding offers merchant cash advances (MCAs) to U.S.-based small businesses. An MCA is the purchase of a fixed dollar amount of your business's future receivables at a discounted price, paid to you up front. It is not a loan, not a line of credit, and does not carry an interest rate or annual percentage rate (APR).

How Repayment Works

Repayment is made by remitting a small, fixed percentage of your daily, weekly, or split sales to Wavecrest by ACH until the total purchased receivable amount has been delivered. The total amount you remit is the purchased amount, which is calculated by multiplying the advance amount by a factor rate agreed to before funding. Factor rate, percentage withheld, and estimated term vary by file and are disclosed in your written agreement before signing.

Typical estimated terms range from approximately 3 to 24 months, depending on the size of the advance, the strength of your monthly receivables, and the selected remittance frequency. Because remittance is tied to sales volume, the actual time to full delivery may be shorter or longer than the original estimate. There is no penalty if receivables are delivered ahead of estimate.

Program Fit Requirements

MCAs are available only to U.S.-based businesses that meet Wavecrest's internal review, risk, and documentation requirements. General minimums include 6+ months in business, an active business bank account, and approximately $15,000 or more in average monthly revenue. Meeting these minimums does not guarantee approval.

Offer Variability

Advance amount, factor rate, remittance percentage, and remittance frequency vary based on business profile, operating history, bank statement performance, industry, and other underwriting factors. Offers are valid only as stated in the written agreement provided to the applicant.

No Approval or Amount Guarantee

Submitting an inquiry or application does not guarantee approval, a specific advance amount, or any particular terms. All advances are subject to underwriting review and execution of a written purchase and sale of future receivables agreement.

Application Information

Beginning an application typically involves a soft inquiry only and does not impact your personal credit score. A full underwriting review may, in limited cases, require additional verification. There is no application fee.

Independent Review

Applicants should read all final agreements carefully and are encouraged to seek independent legal, financial, or tax advice before signing. Wavecrest Funding does not provide legal, accounting, or tax advice.

Informational Content

Content on this website is provided for general informational purposes only and should not be interpreted as a binding offer, legal advice, business advice, or tax advice. All binding terms are contained exclusively in the executed written agreement between Wavecrest Funding and the merchant.

State Notices

Wavecrest Funding complies with applicable state commercial-financing disclosure laws, including but not limited to those of California, New York, Utah, Virginia, and Georgia. Where required, specific state-mandated disclosures are provided in writing prior to contract execution.