Q1: Norton, what does it mean to be an MCA broker in Michigan?
Norton Chaiken: Being an MCA broker in Michigan means helping small and mid-sized businesses access fast, flexible funding that banks often won’t provide. As a broker, I connect business owners with multiple trusted funding sources, compare offers, and structure deals that fit their cash flow. Michigan has a diverse economy—from manufacturing to restaurants and trucking—so each funding solution is customized.
Q2: Why do businesses choose merchant cash advances?
Norton Chaiken: Good Question, many small businesses for example in Michigan can’t wait weeks or months for a bank loan approval. A merchant cash advance (MCA) provides working capital in 24–48 hours, based on future sales rather than strict credit requirements. Banks are just flat out slow. For example, a restaurant in Detroit or a trucking company in Austin, Texas might use MCA funding to cover payroll, buy equipment, or handle seasonal slowdowns.
Q3: What advantages does a broker provide over going directly to a lender?
Norton Chaiken: As a broker, I work with dozens of lenders nationwide. That means:
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Businesses get multiple offers with one application.
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I can negotiate better terms and rates.
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I filter out predatory contracts that some direct lenders push.
In short, a broker saves business owners time, money, and protects them from getting locked into the wrong deal.
Q4: Are MCAs the only funding option you provide?
Norton Chaiken: No—while MCAs are a core service, we also provide:
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Business Lines of Credit for flexible, revolving access, which has become our more sought out product at the moment.
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Working Capital Loans for short-term needs.
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Equipment Financing to purchase or upgrade assets.
Advance American Funding looks at the whole picture and matches the right funding product to each business.
Q5: Can you share a Michigan success story?
Norton Chaiken: Absolutely. Let me think of one that I recently worked on. Just in the last year, we helped a restaurant in MI secure $200,000 in Working Capital. The owner, unbeliveable operator, needed additional cash flow in order to support their upcoming expansion. That’s occurs quite often. After talking to the owner a few times, he decided to use me as their exclusive broker, and we placed the merchant with the best lender in the industry. The merchant was able to obtain low fees and an array of flexible repayment options compared to what they were first offered by going direct. They are now in the later stages of expansion, and I can’t wait to see their business grow even larger. That’s the value of working with someone who understands both the local market and the MCA space.
Q6: What advice would you give Michigan business owners considering an MCA?
Norton Chaiken:
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Work with a broker, not just one lender—you’ll see better options.
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Know your cash flow—MCA repayments are tied to daily or weekly sales.
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Plan your use of funds—the businesses that grow are the ones that invest MCA funding in revenue-generating areas like marketing, equipment, or expansion.
Q7: Why Advance American Funding?
Norton Chaiken: Advance American Funding has deep experience in the MCA space and a strong Michigan presence. We’re fast, transparent, and relationship-driven. Our mission is simple: help small businesses access capital without the headaches of traditional banking.
About Advance American Funding
Advance American Funding is a Michigan-based MCA broker and alternative financing company serving small businesses nationwide. Specializing in merchant cash advances, business lines of credit, working capital loans, and equipment financing, the company is committed to fast approvals, transparent terms, and personalized funding solutions.
Business owners interested in fast MCA funding or alternative financing can apply online at www.advanceamericanfunding.com or call 248-855-1200.