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CommonLending

MCA vs line of credit

One is a single purchased amount. The other is a limit you may draw again.

What it is

A line, if it revolves, lets you repay and draw again. An advance is generally remitted until the purchased amount is delivered. Stacking a second advance is a different step.

What's typically needed

  • Latest three months of business bank statements
  • Time in business
  • A government-issued photo ID
  • The two options you are actually comparing
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Related: Merchant cash advance · Line of credit