Company overview
HQ · Aventura, FL
Merchant Cash Advance (MCA)Bank Only ACH ProgramWorking CapitalBad Credit Business Funding
1st Alliance Group is a financial solutions provider specializing in swift funding for small to mid-sized businesses, with its primary product being the Merchant Cash Advance (MCA). The company positions itself in the market as a rapid funding partner, claiming to provide approvals within 3 hours and same-day funding. They also offer other products like Bank-Only ACH funding and cater to businesses with adverse credit histories.
Company focus
- Headquarters
- Aventura, FL
- Founded
- 2023
- Employees
- 1-10
- Industries
- The company does not publicly specialize in any specific industries. Its marketing is aimed broadly at small-to-mid-sized businesses, with products suitable for those with consistent sales via credit cards or bank deposits, such as retail, restaurants, and service businesses.
- Excluded industries
- 1st Alliance Group does not publicly publish a list of excluded or restricted industries. This information is typically contained within internal underwriting guidelines for ISOs and partners.
- Specialties
- Speed of Funding: The company's primary marketing claim and key differentiator is its operational speed, promising potential clients and partners that they can 'Gain approval within 3 hours and enjoy same-day funding.' This positions them as a provider of immediate capital., Aggressive Risk Appetite & Stacking: 1st Alliance Group demonstrates a higher-than-average risk tolerance by explicitly advertising that it funds from the 1st to the 4th position. This willingness to 'stack' behind multiple existing advances carves out a niche for businesses that are already leveraged but require additional capital., Credit Flexibility and Bad Credit Program: The company explicitly targets businesses with poor credit histories through its 'Bad Credit Business Funding' program. It states that an applicant's credit score is not a determining factor and that past financial issues like bankruptcies are not automatic disqualifiers, working with owners who have B, C, and D credit profiles., Bank-Only ACH Program: Beyond traditional MCAs tied to credit card sales, the company offers a 'Bank Only ACH Program.' This product provides funding based on a business's gross bank account deposits, eliminating the need for a merchant account and broadening its potential client base to businesses that do not process credit cards., Minimal Documentation Requirements: To facilitate its rapid funding process, the company advertises a streamlined application that demands minimal documentation. For an initial offer, it requires only an application and recent bank statements, specifically noting that there is no requirement for a personal guarantee or tax returns., High Funding Ceiling: The company offers funding amounts ranging from $5,000 up to $1,000,000. This high maximum ticket size allows it to cater to a wide spectrum of business needs and compete for larger, more substantial deals compared to many smaller funders.
Reported eligibility
- Reported score (scale not specified)
- 30
- Monthly revenue from
- $15,000
- Time in business (months)
- 6
- Accepts stacked positions
- Yes
- Maximum positions
- 4
Funding & terms
- Funding from
- $5,000
- Funding up to
- $1,000,000
Product details
- Merchant Cash Advance (MCA)
- An upfront cash payment to a business that is repaid through a fixed percentage of its daily or weekly credit card sales, processed seamlessly through the merchant's processor. This product is designed for quick access to capital and requires minimal documentation, with no personal guarantee or tax returns needed.
- Bank Only ACH Program
- A funding option for businesses without a traditional merchant account. Approval is based on the business's gross deposits into its business checking account, and repayment is made through fixed daily or weekly ACH withdrawals. It offers a fast turnaround, with offers possible within three hours of submitting an application and bank statements.
- Working Capital
- A short-term business advance intended to help businesses manage daily operational expenses and maintain liquidity.
- Bad Credit Business Funding
- A specialized program for applicants with adverse or poor credit histories. The company states that credit scores are not a determining factor, and past financial issues like bankruptcies are not an automatic disqualification.