Coverage contested
This is the lane to be careful in. A merchant cash advance is written as the purchase of future receivables rather than as a loan, and providers commonly take the position that it is therefore not credit and that Regulation B does not reach it. That position is contested, not settled.
What is not contested is price. Ten states now have commercial financing disclosure laws in effect that force providers to show real numbers on sales-based financing before you sign. Whether you are standing in one of those ten is the single biggest variable in this lane — so check your state page.
An advance that reaches you fast, with no reason ever required for anything, is the product most likely to be sold to someone who was refused everywhere else without explanation. The denial that came with no reason is what routes people here.
Providers commonly argue this is a purchase rather than credit and that Regulation B does not apply. Your state's commercial financing disclosure law may still require the numbers up front.
Where you are matters
Ten states have a commercial financing disclosure law in effect and forty-one do not. In this lane that is the difference between seeing real numbers before you sign and not.