Merchant Cash Advance State Availability

State Availability
Green States No additional requirements other than licensing.
Yellow States Only Accredited Lenders are accepted for new business and all lenders may not lend more than 10% of their net worth.
Red States This product is not available in this state.


Please note that securities licensed individuals must disclose their outside business activity on their U-4 or from ADV and provide a copy to AAI. Alternatively, Series 65 licensed RIA's may choose to charge a fee to their clients and receive no marketing fee from AAI.

*RIA's can only charge a fee in the state of Texas, no other transaction based compensation can be paid unless the RIA is dually licensed with a Broker Dealer.