Funding by State › New York › New York City
By Anthony Collin, CEO, Smart Business Funding. $500M+ funded since 2014. Updated October 2026.
Smart Business Funding provides merchant cash advances of $10,000 to $5,000,000 to New York City businesses. Repayment is a fixed daily or weekly payment, we use a soft credit pull only, offers usually arrive in 1 to 5 hours on a complete file, and funding usually takes 24 to 48 hours. We fund New York City businesses online. Our office is at 2420 NE 186th St in North Miami Beach, Florida. You apply directly with us and work with us, not a broker or middleman.
New York City small business snapshot
New York City small businesses face high rent, payroll and supplier costs, so the gap between spending and getting paid can be wide. Working capital can cover that gap.
Figures for New York City as reported by the sources listed at the bottom of this page.
New York City industries we fund
- Restaurants and hospitality: Hotels and restaurants are among the largest small business employers in the city. Funding can cover payroll, inventory and build-outs.
- Retail and boutiques: Retail is one of the sectors where small business employment is most concentrated, and stock purchases often come before the sales.
- Professional services: Professional services firms use funding for hiring, marketing and bridging slow-paying client invoices.
- Healthcare practices: Health care and social assistance practices fund equipment, staffing and new locations.
- Construction and contractors: Contractors cover materials, permits and crews while they wait for payment.
Not on the list? See all the industries we fund.
How New York City businesses use working capital
- Paying staff and suppliers while invoices are outstanding
- Restocking before a seasonal rush
- Fitting out a new storefront or second location
- Funding marketing for a busy quarter
How a merchant cash advance works
A merchant cash advance gives your business a lump sum of working capital. It is not a loan, so the cost is set by a factor rate instead of an interest rate, and you know your total repayment before you accept. For example, $50,000 at a 1.35 factor rate over 10 months repays $67,500, with a fixed daily payment of $321.43. Our in-house Direct Fund program uses factor rates of 1.25 to 1.49 for prime files and 1.309 to 1.499 for higher-risk files, with fees of 5% to 10%. See the exact structure on our Transparent Terms page, learn the basics on our merchant cash advance page, or estimate your payment with our calculator. If you are weighing options, read merchant cash advance vs. line of credit.
Who can apply in New York City
- At least 1 year in business
- At least $5,000 in monthly revenue
- Soft credit pull only, with a minimum credit score of 500
- Funding from $10,000 to $5,000,000
See what your New York City business qualifies for
Offers in 1 to 5 hours on a complete file, funding in 24 to 48 hours, up to $5,000,000. No cost to apply, no obligation.
New York City funding questions
Do you fund businesses in New York City?
Yes. We fund New York City businesses online. Our office is at 2420 NE 186th St in North Miami Beach, Florida. You apply directly with us and you work with us, not a broker or middleman. To qualify, you need at least 1 year in business and at least $5,000 in monthly revenue.
How much funding can a New York City business get?
Smart Business Funding provides merchant cash advances from $10,000 to $5,000,000. The amount you qualify for depends on your revenue and time in business, and the total repayment is shown in your written offer.
How fast can a New York City business get funded?
Offers usually arrive in 1 to 5 hours on a complete file, and funding is usually 24 to 48 hours for the whole process from application. As little as 24 hours is possible.
Do I need strong credit to qualify in New York City?
We use a soft credit pull only, so applying does not affect your credit score. The minimum credit score for our Direct merchant cash advance is 500.
Will I receive a written cost disclosure before signing in New York?
Yes. New York's Commercial Finance Disclosure Law (Financial Services Law Article 8) requires providers to give a written disclosure (amount financed, finance charge, estimated annual percentage rate and total repayment amount) for covered commercial financing of $2,500,000 or less. Smart Business Funding provides written terms for every offer, including your total funds provided, total repayment, total cost and payment schedule, before you sign. This is general information, not legal advice.
Which New York City industries do you fund?
We fund restaurants and hospitality, retail and boutiques, professional services, healthcare practices, construction and contractors, and many other industries. See all of them on our industries page.
New York funding and disclosures
New York applicants: New York's Commercial Finance Disclosure Law (Financial Services Law Article 8) requires providers to give a written disclosure (amount financed, finance charge, estimated annual percentage rate and total repayment amount) for covered commercial financing of $2,500,000 or less. Smart Business Funding provides written terms for every offer, including your total funds provided, total repayment, total cost and payment schedule, before you sign. This is general information, not legal advice.
See our full New York business funding page, or browse funding by state.
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Sources
This page is general information, not legal, tax or financial advice. Funding is subject to underwriting and approval. Amounts, pricing, fees and timing vary by applicant.
