- 1NerdWallet's data puts the average funded MCA at $58,331.
- 2Medium-term loans of 2 to 5 years averaged the most, at $192,294.
- 3Short-term lines of credit averaged the least, at $22,565.
NerdWallet, the business loan matching marketplace, reports that the average funded amount of a merchant cash advance is $58,331. The figure comes entirely from the company's own internal data covering July 2024 through June 2025, and is part of its 2026 small business loan study.
Other products
Among the other products in the data, medium-term loans with terms of two to five years had the highest average funded amount, at $192,294. Short-term lines of credit were the lowest, averaging $22,565.
A note on the sample
NerdWallet depends heavily on web traffic to generate leads, so its numbers may reflect merchants who search Google or ask ChatGPT for financing options, rather than the full range of channels through which small businesses find capital. Brokers, direct funders and other sources may see different deal sizes.
Source reporting: deBanked.
