I understand an MCA company may not do a hard credit pull, but I am worried about what still shows up. If I have old credit problems, a possible judgment, or a rough patch in my bank statements from a couple of years ago, can a no-credit-check funder still find that? I do not want to apply thinking credit does not matter and then get surprised by the underwriting.
Yes, they may still see more than the ad suggests. Many MCA funders use soft credit checks, public-record searches, bank-statement analysis, and fraud or risk databases. They may look for bankruptcies, judgments, existing UCC filings, other funders pulling from the account, NSFs, negative days, chargebacks, and inconsistent deposits. The score itself may matter less than it would at a bank, but the risk story still matters. Ask directly whether they soft-pull credit, search public records, and factor existing judgments or bankruptcies into pricing.