New York merchant cash advance inquiries
Information for New York business owners considering a merchant cash advance, plus an inquiry form for this page. Ventr3 is a broker, not a lender; funding providers decide eligibility, offers, and terms. Your location does not establish eligibility.
New York Commercial Finance Disclosure Law
New York’s Commercial Finance Disclosure Law (Financial Services Law Article 8) took effect August 1, 2023. It includes a section specific to sales-based financing, the category most merchant cash advances fall into.
Covered providers must give a prescribed disclosure, including an estimated APR, before the business accepts. The law also has rules for renewal financing.
This is a plain-language summary, not legal advice. Coverage depends on the transaction and the provider; confirm details with the provider or a qualified advisor.
- Ask for the sales-based financing disclosure before you sign and compare it with the contract.
- If an offer renews or refinances an existing advance, review how much of the new funding pays off the old balance.
Before you send an inquiry
- The exact amount you need and what it will pay for.
- Your three most recent complete monthly bank statements as PDFs.
- Any current advances or loans and their payment amounts.
- How a daily or weekly payment would fit around rent, payroll, and supplier dates.
Start your New York inquiry
Your business state is filled in as New York; you can change it in the optional business details. An inquiry is not an application approval or a funding offer.
Questions owners ask
Can a New York business get a merchant cash advance through Ventr3?
Ventr3 accepts MCA inquiries from New York businesses and may route them to third-party funding providers. Providers decide eligibility and terms, and some may not work with businesses in every state. An inquiry is not a promise of an offer.
Does New York cap merchant cash advance costs?
Ventr3 does not give legal advice. Read the cost figures in the provider’s written disclosure and contract, and speak with a qualified advisor if you have questions about the law that applies to your transaction.
Will my bank statements be shared with funding providers?
No. Only approved Ventr3 reviewers can access your statements, and they are deleted after 180 days. Sharing your inquiry form and contact details with a provider requires your separate, optional consent.