What Is an MCA Broker (ISO)? How Merchant Cash Advance Brokers Work

Diagram: a business file goes to an MCA broker (ISO), which shops it to several funding partners. A callout reads "Broker = multiple partners, Direct = one funder."

Quick answer: An MCA broker is an independent sales organization (ISO). It takes your business’s funding application and presents it to several merchant cash advance and business funding companies. The broker doesn’t fund the advance. The funding partners review your file, decide whether to make an offer, and set the pricing and terms. Your broker … Read more