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Glossary

Specified Percentage

In an MCA, the share of receivables used to calculate remittances.

✓ Checking what you qualify for does not affect your credit score.

What it means

As explained by Merchant Fund Express: In an MCA, the share of receivables used to calculate remittances.

It is sometimes called the holdback. It is applied to daily or weekly receipts or averaged into a fixed debit.

Why it matters when you apply

It determines how large each payment is relative to sales.

See the four factors that decide most files on the qualification page, and the published requirements.

Related terms

Holdback — Related term.
Remittance — A payment sent from the business to the funder to repay an advance.
Purchased Amount — In a merchant cash advance, the total amount of future receivables the funder buys.

Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.

Where this fits

Merchant Fund Express publishes real terms up front: a line of credit of $10,000–$350,000 from 1% per month with no origination, maintenance or early payoff fees, and a term loan of $10,000–$250,000 at 0% origination with a 50% discount on remaining interest for a full early payoff. See the products →

Common questions

What is specified percentage?

As explained by Merchant Fund Express: In an MCA, the share of receivables used to calculate remittances.

Where can I read more?

The glossary covers the main terms in funding. Each term links to related ones.

See what you qualify for

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