| Key Takeaway | Summary |
|---|---|
| 🏢 What It Is | Premier Capital Funding is a direct funding company based in Brooklyn, NY, providing working capital solutions for small and medium-sized businesses (SMBs). |
| 💰 Funding Options | Offers merchant cash advances (MCAs) and MCA consolidation programs, with funding amounts ranging from $7,500 to $150,000. |
| ⚡ Funding Speed | Businesses can get pre-approved within hours and receive funding in as little as 24–48 hours. |
| 📊 Qualifications | Requires at least 9 months in business, a minimum 500 FICO score, and consistent revenue; poor credit is accepted. |
| 🔁 Repayment Terms | Repayment occurs daily or weekly over 4 to 12 months, typically via ACH withdrawals or revenue based payments. |
| 👍 Key Benefits | No collateral required, fast approvals, flexible qualifications, and options for renewals and consolidation. |
| ⚠️ Key Drawbacks | Lacks pricing transparency, has relatively low funding limits, and frequent repayments may strain cash flow. |
| ⭐ UCS Rating | Based on the available information, Premier Capital Funding earns a 3.75 out of 5 rating. |
Alternative business funding providers have become an increasingly popular option for small business owners seeking fast funding options. Companies like Premier Capital Funding aim to simplify the financing process by offering quick approvals, minimal documentation requirements, and flexible repayment structures. This approach can be especially appealing to businesses that may not qualify for traditional bank loans due to time in business, credit profile, or inconsistent revenue.
However, while speed and accessibility are attractive, it’s essential for business owners to carefully evaluate any funding option before moving forward. Costs, repayment terms, and transparency can vary widely in the alternative business lending space, making due diligence critical to avoid taking on expensive or unsustainable debt.
In this review, we’ll explore how Premier Capital Funding works to help you decide if it’s right for your business financing needs. Specifically, we’ll answer these questions and more:
Premier Capital Funding is a direct funding company that provides working capital solutions for small and medium-sized businesses (SMBs) seeking fast, flexible financing. The company primarily focuses on revenue based financing products designed to help businesses manage cash flow, cover short-term expenses, or pursue growth opportunities.
Premier Capital Funding was founded in 2014 and is based in Brooklyn. Operating out of New York, the company positions itself as a provider of accessible capital funding solutions for businesses that may not qualify for traditional bank financing.
The direct funder specializes in merchant cash advances (MCAs) and business debt management. Its target audience includes small and medium-sized businesses that need fast funding, have limited collateral, or are working to improve their financial standing.
Premier Capital Funding operates as a direct funder, primarily offering merchant cash advances based on a business’s future revenue. Instead of relying heavily on credit scores, the company evaluates performance using bank statements and cash flow trends.
Businesses can be approved and funded within 24–48 hours through a simple, no-fee application process. This quick turnaround is one of the main reasons businesses turn to providers like Premier Capital Funding. The funder offers various programs, including early renewal options, weekly payment plans, revenue-based lines of credit, and business debt consolidation.
Merchant cash advances (MCAs) can provide funding ranging from $7,500 to $150,000. This type of funding, also called a business cash advance, is structured as an advance against future receivables rather than a traditional loan. The actual advance amount depends on revenue, as the company funds up to 125% of a company’s gross monthly revenue.
With an MCA, repayment is typically made through daily or weekly debits from the business bank account or a percentage of credit card sales. This structure allows payments to fluctuate with revenue, helping businesses manage cash flow during slower periods.
Premier Capital Funding also offers an MCA consolidation program designed for businesses already carrying multiple advances. This program aims to combine existing obligations into a single payment, potentially reducing daily payment pressure.
For businesses struggling with stacking positions, consolidation may provide temporary relief and a clearer repayment structure. However, it’s important for clients to fully understand the new terms and total repayment obligations before proceeding.
Premier Capital Funding has relatively flexible qualification requirements compared to traditional lenders, making it accessible to a wider range of businesses. To qualify for a merchant cash advance, businesses must be in operation for at least 9 months and have a minimum FICO score of 500.
Premier Capital Funding considers businesses with poor credit and those needing higher-position advances. This makes it an option for companies that may have been declined elsewhere. In addition to credit score and time in business, the company evaluates monthly revenue and overall bank account performance when making funding decisions.
Applicants must submit business bank statements for the previous 3 months with their applications. Other stipulations include:
Premier Capital Funding’s financing products are structured differently from conventional business loans, and there are several key details businesses should understand before applying. First, no collateral is required because merchant cash advances are not asset based business loans. This lowers the barrier to entry for small businesses that may not have significant assets to pledge.
Second, poor credit is not a barrier to approval. The company accepts applicants with FICO scores as low as 500, placing greater emphasis on cash flow rather than credit history. This can be helpful for businesses that banks or other lenders have turned away.
Another important point is that there is no application fee, which reduces upfront costs. However, this does not mean the funding is inexpensive. Premier Capital Funding does not publicly disclose factor rates, fees, or the total cost of capital, so applicants must request a full breakdown before signing any agreement.
Funding amounts are relatively modest, ranging from $7,500 to $150,000. This makes the company better suited to small businesses with short term financing needs than to those pursuing large-scale expansion.
Repayment is typically made through daily or weekly debits, which can impact cash flow. Businesses should confirm the payment schedule in advance to ensure it aligns with their revenue cycle.
The company is also willing to fund up to the 5th position, meaning it may provide capital even if a business already has multiple advances in place. While this flexibility can be helpful, it may also indicate higher financial risk. Early renewals are available in some cases after six weeks, and additional funding may be offered if the business remains in good standing.
Finally, the company has limited transparency on its website regarding pricing and terms, making it difficult to compare offers without direct communication. The overall customer satisfaction with Premier Capital Funding is mixed, with both satisfied and dissatisfied customers.
Premier Capital Funding offers a business loan affiliate program. ISOs and business loan brokers can sign up on the company’s website to join the partner program.
The small business loan application through Premier Capital Funding is designed to be straightforward and fast, with minimal documentation required compared to traditional lenders. To apply for funding, businesses must download, complete, and return an application along with the last 3 months of bank statements.
Businesses begin by accessing the application form from the company’s website and filling in basic business and financial information.
Applicants must provide recent bank statements—typically the last 3 months—to allow underwriters to evaluate cash flow and account activity.
The underwriting team reviews the application, bank statements, and the business’s overall financial health to determine eligibility.
If approved, the business receives a funding offer outlining the advance amount, repayment terms, and estimated payment structure.
Once the offer is accepted, funds can be disbursed quickly—often within one business day.
Funds can be wired to businesses the same day or the next day after approval. After funding is completed, businesses begin repayment according to the agreed-upon structure.
Repayment terms for merchant cash advances typically range from 4 to 12 months with daily or weekly payment schedules. Payments are usually automatically debited from the business bank account.
The company does not clearly disclose whether it offers early payoff discounts or charges prepayment penalties, so businesses should clarify these terms before signing. Early renewal options may be available after a portion of the balance has been repaid, allowing businesses to access additional capital if needed.
Premier Capital Funding offers several advantages that make it appealing to certain types of businesses. One of the most significant benefits is accessibility. No collateral is required to obtain funding from Premier Capital Funding, making it easier for small businesses without significant assets to qualify.
Additionally, poor credit is not a barrier to receiving funding from Premier Capital Funding. This opens the door for businesses that may have struggled to secure financing through traditional channels. The speed of approval and funding also stands out, with capital available within a day or two in many cases.
Despite its benefits, there are several drawbacks to consider. One of the main concerns is the lack of pricing transparency. Without publicly disclosed rates or fees, it can be difficult for businesses to compare offers or fully understand the cost of capital.
Another potential downside is the relatively low funding cap, which may not meet the needs of businesses seeking larger investments, such as business expansion financing. Frequent repayment schedules, such as daily debits, can also strain cash flow, particularly for businesses with inconsistent revenue.
Pros:
Cons:
Premier Capital Funding appears to be a legitimate business funding provider operating in the alternative lending space. The company has been in operation since 2014 and maintains an active presence in the industry.
The company has demonstrated a lasting presence in the market, which may indicate experience and professionalism. It also provides direct funding rather than solely acting as a broker, which can add credibility to its operations. The company states it has provided over $700 million in funding and serves businesses across more than 750 industries.
However, like many MCA providers, the lack of transparency around pricing and mixed customer feedback means businesses should proceed with caution and carefully review all terms before accepting an offer.
Client reviews of Premier Capital Funding are mixed and often polarized, which is common in the revenue based financing segment. Feedback tends to reflect both positive experiences with speed and accessibility and concerns about cost and repayment structure.
Some users have expressed satisfaction with the speed of service provided by Premier Capital Funding. Positive reviews often highlight quick approvals, helpful representatives, and the ability to access funding when it is urgently needed.
On the other hand, negative reviews often cite high rates and the risk of a debt spiral as concerns about using Merchant Cash Advances. Some clients also mention aggressive sales tactics or confusion around repayment terms, reinforcing the importance of fully understanding the agreement before proceeding.
Premier Capital Funding aims to be accessible, but failing to meet its minimum credit score or time-in-business requirements may result in denial. Additionally, open bankruptcies, multiple days with negative balances, or tax liens exceeding $150k can trigger a denial.
If declined, Premier Capital Funding may provide notice explaining the reasons for the decline. If not, or if you require more information, contact the funder directly.
Fortunately, small business owners have access to many online funders and lenders if Premier Capital Funding isn’t the right fit. Many funders offer merchant cash advances in addition to other small business loans.
Working with a small business loan marketplace like United Capital Source (UCS) lets you submit a single application to a network of lenders and receive multiple offers. You can then get guided support from business funding experts in choosing the best deals to help your business grow.
You may be interested in one of the following small business loans:
Premier Capital Funding offers a fast, accessible financing solution for small businesses that need working capital. Its flexible qualification requirements, low credit threshold, and rapid funding process make it a viable option for businesses that may not qualify for traditional loans.
However, the company’s lack of pricing transparency, relatively low funding limits, and frequent repayment schedules may make it not the best fit for every business. Companies with strong credit or those seeking larger funding amounts may benefit from exploring alternative financing options with clearer terms and lower costs.
Overall, Premier Capital Funding may be a good fit for businesses that need short-term capital, have consistent revenue, and understand the structure of merchant cash advances. At the same time, business owners should carefully review all terms, ask questions, and compare offers before making a decision.
Based on the available information, we rate Premier Capital Funding 3.75 out of 5. It’s a reasonable option for merchant cash advances, but it lacks pricing transparency and offers low funding amounts.
Disclaimer: The Premier Capital Funding trademark is owned by Premier Capital Funding LLC, and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement from Premier Capital Funding LLC.
