Metromediafunding.com Review

Based on looking at the website, Metromediafunding.com appears to be a platform offering merchant cash advances, which raises significant concerns from an ethical perspective in Islamic finance due to its inherent interest-based nature and lack of transparency regarding Sharia compliance.

The website, while providing some basic contact information, lacks the comprehensive details and clear disclosures typically associated with reputable financial service providers, especially when dealing with products that can be highly complex.

Here’s an overall review summary:

Service Offered: Merchant Cash Advances MCAs, and Sale Leaseback.
Sharia Compliance: Not Sharia-compliant due to interest riba implications in MCAs and potential for interest in leaseback structures if not carefully designed.
Transparency: Limited. key financial details, terms, and conditions of MCAs are not readily accessible on the homepage.
Disclosures: States “we are not financial advisors” and “Merchant cash advances are not loans,” which, while technically true for MCAs in some legal frameworks, can be misleading.
Contact Information: Provides phone numbers and a physical address.
Application Process: Utilizes an external HelloSign link for applications.
Overall Recommendation: Not recommended for those seeking Sharia-compliant financial solutions due to the nature of merchant cash advances and insufficient transparency on their ethical framework.

The website’s primary offering, Merchant Cash Advances, operates on a model where a business receives an upfront sum of money in exchange for a percentage of its future credit card or debit card sales.

While presented as an alternative to traditional loans, this structure often involves effective interest rates that can be extremely high, making it akin to riba interest and therefore impermissible in Islamic finance.

Furthermore, the lack of detailed information regarding their processes, fees, and the specific terms of their “Sale Leaseback” program on the main page makes it difficult to assess their full ethical standing.

It’s crucial for individuals and businesses to understand that engaging in such transactions, even if not explicitly termed a “loan,” can still fall under the prohibition of riba if it involves a predetermined increase over the principal amount.

For those seeking genuinely ethical and Sharia-compliant financial solutions, it’s essential to look beyond conventional models that may mask interest or speculative elements.

There are numerous legitimate avenues for funding and financial growth that align with Islamic principles.

Best Ethical Alternatives to Metromediafunding.com’s Offerings:

Islamic Microfinance Institutions: Focus on providing small-scale financing based on Islamic principles like Mudarabah profit-sharing or Murabaha cost-plus financing to support entrepreneurship and small businesses without interest.
Halal Business Loans via Murabaha/Musharakah: Look for Islamic banks or financial institutions that offer business financing through structures like Murabaha where the bank buys the asset and sells it to the client at a mark-up or Musharakah partnership where both parties share profit and loss. These are designed to avoid interest.
Qard Hasan Benevolent Loans: While typically smaller in scale and often offered by individuals or charitable organizations, Qard Hasan are interest-free loans provided purely as a benevolent act, with the expectation of repayment of the principal only.
Venture Capital or Equity Partnerships: For businesses seeking significant capital, equity partnerships Musharakah or Mudarabah where investors share in the profits and losses of the business are a Sharia-compliant alternative to debt-based financing.
Crowdfunding Platforms Sharia-compliant: A growing number of crowdfunding platforms adhere to Islamic finance principles, allowing businesses to raise capital from a large number of individuals through equity or profit-sharing models.
Asset-Backed Financing Ijara: Involves leasing assets, where the financier owns the asset and leases it to the client for a fee, eventually transferring ownership. This is permissible as long as the ownership and risk transfer mechanisms are Sharia-compliant.
Trade-Based Financing Murabaha for Working Capital: Instead of a cash advance, businesses can seek financing where a financier purchases goods on their behalf and then sells them to the business at a deferred price, typically with a pre-agreed profit margin, avoiding direct interest on cash.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Metromediafunding.com Review & First Look

Based on a direct examination of Metromediafunding.com, the website primarily positions itself as a provider of “Merchant Cash Advances” and “Sale Leaseback” solutions.

The initial impression is that of a straightforward, albeit somewhat minimalistic, online presence for a financial service provider.

The homepage quickly directs users to an “Apply Now” button and provides basic contact information.

However, a deeper dive reveals several areas where transparency and comprehensive information are lacking, especially for a user base keen on understanding the full implications of such financial instruments.

Core Offerings and Immediate Impressions

The most prominent service advertised is the Merchant Cash Advance MCA. This is a critical point of focus for any ethical review, as MCAs, by their very nature, can skirt the lines of traditional lending definitions.

The site explicitly states, “Merchant cash advances are not loans nor do they help you obtain one in the future.” While this phrasing is common in the MCA industry to differentiate them from regulated loans, it’s crucial to understand that for many, MCAs function as a high-cost alternative to conventional debt, often with annual percentage rates APRs that far exceed those of traditional loans.

The “Sale Leaseback” option is also mentioned, which involves selling an asset and then leasing it back, a transaction that can be Sharia-compliant under specific structures Ijara but requires detailed terms to ensure no interest or undue risk is involved.

Website Navigation and User Experience

The site’s navigation is quite basic: “Apply Now,” “Call Us,” “Sale Leaseback,” “About Us,” “All Services,” and “Contact Us.” The “Start Application” link immediately takes users to an external HelloSign page, which, while efficient for processing applications, means the detailed terms and conditions of the MCA or leaseback are not presented on Metromedia Funding’s own website beforehand.

This off-site application process can be a red flag for users who prefer to understand the full commitment before sharing sensitive financial information.

Initial Disclaimers and Their Implications

At the bottom of the page, there are important disclaimers: “It should be remembered we are not financial advisors,” and “No information on this site should be used as financial advice or legal advice.” These are standard legal disclaimers, but in the context of complex financial products like MCAs, they underscore the user’s responsibility to conduct their own due diligence. Ligonier.org Review

This highlights the need for even more transparent information from the provider, which, in this case, seems limited to the initial website visit.

Metromediafunding.com Pros & Cons

When evaluating Metromediafunding.com, it’s essential to weigh its apparent advantages against its significant drawbacks, particularly from an ethical and transparency standpoint.

Given the nature of its primary offerings, the “pros” are primarily from a functional perspective for those urgently seeking capital, while the “cons” highlight the considerable risks and ethical concerns.

Functional Aspects Pros

Quick Access to Capital: For businesses in urgent need of funds, MCAs can provide capital much faster than traditional bank loans. The streamlined application process via HelloSign suggests a rapid turnaround is intended.
Less Stringent Requirements: Unlike traditional loans that often require extensive credit checks and collateral, MCAs typically focus more on a business’s daily credit card sales volume, making them accessible to businesses that might not qualify for conventional financing.
Simplified Application: The direct link to an online application form suggests a relatively quick and easy application process, potentially reducing paperwork and administrative burden for the applicant.
Direct Contact Information: The provision of clear phone numbers and a physical address offers a direct line of communication, which is a positive for accountability and inquiries.

Ethical and Transparency Concerns Cons

Nature of Merchant Cash Advances MCAs: This is the most significant concern. While legally distinct from loans, MCAs often involve a high “factor rate” or effective interest rate that can equate to extremely high Annual Percentage Rates APRs, sometimes in the triple digits. This resemblance to interest riba makes MCAs generally impermissible in Islamic finance. The model can lead businesses into a cycle of debt, rather than providing sustainable growth.
- Data Point: According to a report by the Federal Reserve Bank of Cleveland, the implied APRs on MCAs can range from 40% to over 350%, depending on the terms and repayment schedule. Source: Federal Reserve Bank of Cleveland
Lack of Upfront Transparency on Terms: The website does not provide detailed information about factor rates, repayment schedules, or any specific fees associated with their MCAs. Users are directed to an external application without clear disclosure of the financial commitment. This lack of transparency can make it difficult for businesses to fully understand the true cost of the funding before committing.
“Not a Loan” Ambiguity: While legally accurate in some jurisdictions, stating “Merchant cash advances are not loans” can be misleading for unsophisticated borrowers who might not grasp the severe financial implications of a high-cost advance compared to a traditional loan.
Potential for Debt Cycle: The structure of daily or weekly repayments tied to sales can put significant pressure on a business’s cash flow, especially during lean periods, potentially forcing them to seek further advances to cover operational costs, thus creating a cycle of dependency.
Limited Information on Sale Leaseback: The “Sale Leaseback” service is mentioned, but without detailed explanations of how it’s structured, its terms, or its fees, it’s impossible to determine its ethical compliance or financial viability for potential users.
Absence of Ethical Framework: There is no mention of any ethical guidelines, Sharia compliance, or commitment to responsible lending practices. For a blog focused on ethical considerations, this is a significant oversight.
No Customer Testimonials or Reviews: The absence of customer testimonials or case studies on the website makes it harder to gauge real-world experiences with Metromedia Funding Solutions.

In summary, while Metromediafunding.com might offer a fast solution for businesses desperate for capital, the inherent structure of its primary product MCA and the lack of upfront transparency on its terms make it a high-risk option, particularly for those adhering to Islamic financial principles.

Metromediafunding.com Pricing

The Metromediafunding.com website, unfortunately, provides no direct information regarding the pricing structure of its Merchant Cash Advances MCAs or Sale Leaseback programs.

This lack of upfront pricing is a significant concern for potential applicants and raises questions about transparency.

Understanding Factor Rates Typical MCA Pricing

Unlike traditional loans that use an interest rate APR to calculate costs, MCAs use a factor rate. Here’s how it generally works:

Factor Rate: This is a decimal number e.g., 1.2, 1.35. If a business receives a $10,000 advance with a factor rate of 1.3, they will be required to pay back $13,000 $10,000 x 1.3.
Daily or Weekly Remittance: Repayment is typically made through a daily or weekly deduction from the business’s credit card or debit card sales. The fixed percentage of future sales that is collected is called the “holdback” or “retrieval rate.”

The Problem with Undisclosed Pricing

Obscured True Cost: Without a disclosed factor rate or an example calculation, businesses cannot easily compare the cost of a Metromedia Funding MCA to other funding options. This lack of transparency can lead to unexpected financial burdens.
Difficulty in Budgeting: Businesses need to know their financial commitments upfront to manage cash flow effectively. An undisclosed pricing model makes accurate financial planning impossible.
Comparison Challenges: It’s impossible for a potential client to compare Metromedia Funding’s offerings with competitors or ethical alternatives when the core cost information is hidden behind an application process.
No Information on Fees: Beyond the principal repayment, MCAs can sometimes involve additional fees, such as origination fees, administrative fees, or late payment penalties. The website provides no details on these.

Sale Leaseback Pricing Implications

For the “Sale Leaseback” service, pricing typically involves:

Purchase Price: The amount Metromedia Funding would pay for the asset.
Lease Payments: The periodic payments the business would make to lease the asset back.
Lease Term: The duration of the lease.
Buyback Option/Residual Value: The terms under which the business might re-acquire the asset at the end of the lease, or the residual value.

Again, none of this crucial information is available on the website.

Without these details, it’s impossible to determine if the leaseback structure is fair, competitive, or, more importantly, whether it avoids elements of interest riba or undue risk that would make it impermissible in Islamic finance. Diversity-fund.biz Review

Conclusion on Pricing Transparency

The complete absence of pricing details on Metromediafunding.com’s public-facing pages is a significant drawback.

It forces potential applicants to initiate an application process without fully understanding the financial commitment involved.

For ethical financial decision-making, particularly in Islamic finance where transparency and avoidance of hidden costs are paramount, this lack of disclosure is a major red flag.

Businesses should demand full clarity on all costs, terms, and conditions before signing any agreement.

Metromediafunding.com vs. Ethical Financing Alternatives

When comparing Metromediafunding.com, which primarily offers Merchant Cash Advances MCAs, against ethical financing alternatives, the contrast is stark.

The core difference lies in the underlying financial principles: MCAs often operate in a grey area concerning interest riba and transparency, while ethical alternatives are explicitly designed to be Sharia-compliant, promoting equity, partnership, and tangible asset-based transactions.

Metromediafunding.com MCAs

Model: Typically involves a lump sum payment in exchange for a percentage of future sales. Repayment is often structured as a daily or weekly deduction from credit/debit card transactions.

Key Characteristics:

High Effective Costs: While not legally classified as “interest,” the factor rates applied to MCAs often translate into extremely high effective APRs. For example, a $10,000 advance with a factor rate of 1.3 means repaying $13,000. If this is repaid over 6 months, the implied APR could be over 60-70%, much higher for shorter terms. Source: NerdWallet on MCAs
Rapid Approval: Often marketed for speed and minimal paperwork.
No Collateral Required: Usually doesn’t require traditional collateral, focusing instead on sales volume.
Potential for Debt Cycle: Due to high costs and frequent repayments, businesses can find themselves needing subsequent advances, leading to a cycle of debt.
Limited Transparency: As observed on Metromediafunding.com, detailed terms and conditions, including specific factor rates and fees, are often not disclosed upfront.

Ethical Financing Alternatives Sharia-Compliant

Ethical financing, particularly in Islamic finance, is built upon principles that avoid interest riba, excessive uncertainty gharar, and speculative transactions maysir. It focuses on equity, partnership, and tangible asset-based transactions.

1. Murabaha Cost-Plus Financing Visualwebz.com Review

Model: The financier purchases a specific asset or commodity that the client needs and then sells it to the client at a pre-agreed profit margin. The client repays the total amount cost + profit in installments.
Example: A business needs new equipment. An Islamic bank buys the equipment and immediately sells it to the business for a slightly higher, predetermined price, allowing the business to pay in installments.
Key Advantage: Avoids interest by being a legitimate trade transaction with a fixed, known profit margin.
Transparency: All costs and profit margins are clearly disclosed upfront.

2. Musharakah Partnership/Joint Venture

Model: Two or more parties contribute capital or assets/labor to a business venture and share the profits and losses according to a pre-agreed ratio.
Example: An Islamic bank invests capital into a business and becomes a partner, sharing in the business’s success and risks.
Key Advantage: Pure equity partnership. Risks and rewards are shared, aligning the interests of the financier and the business. This is considered highly ethical as it encourages genuine economic activity.

3. Mudarabah Profit-Sharing Partnership

Model: One party provides capital Rabb-ul-Maal, and the other provides expertise and management Mudarib. Profits are shared according to a pre-agreed ratio, but only the capital provider bears the financial loss.
Example: An investor provides capital to a startup, and the entrepreneur manages the business. If successful, profits are shared. if a loss occurs due to no negligence, the investor loses capital.
Key Advantage: Facilitates entrepreneurship by linking capital with expertise, promoting risk-sharing and avoiding interest.

4. Ijara Leasing

Model: The financier purchases an asset and then leases it to the client for a specified period and rental payments. At the end of the term, ownership may be transferred to the client Ijara Muntahia Bittamleek.
Example: A business needs machinery but doesn’t want to buy it outright. An Islamic financial institution buys the machinery and leases it to the business.
Key Advantage: Asset-backed and avoids interest. The financier earns rental income, similar to owning an asset and renting it out.

5. Qard Hasan Benevolent Loan

Model: An interest-free loan given for benevolent purposes. Only the principal amount is repaid.
Key Advantage: Purely charitable. used for urgent needs where interest is not permissible.

Comparative Analysis

Feature	Metromediafunding.com MCA	Ethical Financing Sharia-Compliant
Underlying Principle	High-cost advance against future receivables often disguised interest	Equity partnership, trade, or asset-based leasing no interest
Cost Transparency	Often lacks upfront disclosure. “factor rate” can obscure true cost	Full disclosure of profit margins, rental fees, or profit-sharing ratios
Risk Sharing	Business bears most of the risk. repayment is fixed	Risk shared Musharakah/Mudarabah or asset-backed Ijara/Murabaha
Repayment Structure	Daily/weekly deductions from sales	Flexible installments based on fixed profit/rent or profit share
Ethical Alignment	Generally problematic due to resemblance to riba	Explicitly designed to adhere to Islamic ethical principles
Long-Term Impact	Can lead to debt cycles for struggling businesses	Aims to foster sustainable growth and shared prosperity

In essence, while Metromediafunding.com might offer a quick fix for cash flow issues, it operates on a model that carries significant financial risk and ethical concerns.

Ethical financing alternatives, though they may require more detailed processes, prioritize transparency, fairness, and shared risk, making them a far superior and sustainable choice for businesses seeking to align their operations with Islamic principles.

How to Avoid Predatory Lending Relevant to MCAs

Given that Merchant Cash Advances MCAs as offered by platforms like Metromediafunding.com often come with high effective interest rates and opaque terms, understanding how to identify and avoid what can be considered predatory lending practices is crucial.

Predatory lending typically targets vulnerable individuals or businesses with unfavorable terms, high fees, and deceptive marketing.

For businesses, falling prey to such practices can lead to significant financial distress and even bankruptcy.

Identifying Red Flags in Lending Offers

Lack of Transparency on Costs: If a lender is unwilling to clearly state the Annual Percentage Rate APR or the true cost of the funding in a way that is easily comparable to traditional loans, it’s a major red flag. MCAs often use “factor rates” e.g., “pay back 1.3 times the amount” which, while technically different from an APR, can obscure how expensive the funding truly is. Always ask for the effective APR.
- Data Point: A study by the Small Business Administration SBA found that 55% of small businesses find it “very difficult” to compare lending products. Source: Small Business Administration
Excessively High Rates: While every business’s risk profile is different, an offer with an implied APR significantly higher than market rates for similar-risk financing even if it’s an MCA should raise suspicion. Compare quotes from multiple sources.
Pressure to Act Quickly: Lenders who pressure you to sign immediately without giving you adequate time to review terms, consult with an advisor, or compare offers are often trying to prevent you from realizing the unfavorable nature of the deal.
Hidden Fees and Charges: Be vigilant about “application fees,” “origination fees,” “administrative fees,” or other charges that are not clearly explained or seem disproportionately high. Read the fine print of any agreement meticulously.
Vague or Confusing Contract Language: If the contract is filled with jargon that you don’t understand, or if key terms seem deliberately vague, demand clarification. If clarity isn’t provided, walk away.
No Credit Check Can Be a Trap: While appealing to businesses with poor credit, lenders who boast “no credit check” often compensate for the perceived risk by charging extremely high rates. This can be a sign of a high-risk product.
“Guaranteed Approval” Claims: No legitimate lender can guarantee approval without reviewing your financial situation. Such claims are often designed to lure in desperate borrowers.
Automatic Daily/Weekly Debits: While common for MCAs, be aware that automatic debits directly from your bank account or credit card processor can make it difficult to manage cash flow during lean periods. Ensure you understand the “holdback” percentage.

Steps to Protect Your Business

Educate Yourself: Understand the different types of business financing available traditional loans, lines of credit, MCAs, invoice factoring, ethical alternatives. Know the pros and cons of each.
Compare Multiple Offers: Never take the first offer. Shop around and compare terms from at least three different lenders or providers.
Calculate the True Cost: Always convert any factor rate or non-APR pricing into an effective APR so you can make a direct comparison with other financing options.
Read the Fine Print: Read every clause of the contract. Pay close attention to default clauses, late payment penalties, and prepayment penalties.
Consult a Professional: Before signing any significant financial agreement, seek advice from a financial advisor, a business consultant, or a lawyer who specializes in business finance.
Understand Your Repayment Capacity: Be realistic about your business’s ability to meet the repayment schedule without jeopardizing your cash flow.
Prioritize Sharia-Compliant Options: For Muslim business owners, actively seek out Islamic finance institutions that offer Sharia-compliant products like Murabaha, Musharakah, or Ijara. These are structured to avoid interest and promote ethical dealings.

By being informed and cautious, businesses can protect themselves from potentially predatory lending practices and make financially sound decisions that support their long-term growth and ethical principles. Harris-keyte.com Review

How to Find Ethical Alternatives to Merchant Cash Advances

Given the concerns surrounding Merchant Cash Advances MCAs and their potential non-compliance with Islamic financial principles due to interest riba, it’s crucial for businesses to know how to identify and secure ethical, Sharia-compliant alternatives.

These alternatives are designed to foster economic activity, share risk, and avoid exploitative practices.

The focus is on real assets, partnerships, and transparent transactions.

1. Research Islamic Financial Institutions

The most direct route to ethical financing is through dedicated Islamic banks or financial institutions.

These entities are structured from the ground up to operate entirely on Sharia principles.

Look for:
- Full-fledged Islamic Banks: These banks offer a wide range of business financing products, including Murabaha cost-plus sale, Musharakah partnership, Mudarabah profit-sharing, and Ijara leasing.
- Islamic Finance Windows/Departments: Some conventional banks have dedicated Islamic finance windows or departments that adhere to Sharia principles.
- Online Search: Use search terms like “Islamic business finance,” “Halal loans for small business,” “Sharia-compliant funding USA,” or “Islamic venture capital.”
- Reputable Directories: Check directories of Islamic financial institutions though specific directories for the US might be limited, global ones can offer leads.

2. Understand Key Sharia-Compliant Contracts

Familiarize yourself with the fundamental contracts used in Islamic finance.

This knowledge will empower you to ask the right questions and evaluate any offer for Sharia compliance.

Murabaha Cost-Plus Sale: Ideal for financing specific asset purchases equipment, inventory. The bank buys the asset and sells it to you at a pre-agreed profit.
- Example: If you need $50,000 worth of new machinery, an Islamic bank would purchase the machinery and sell it to your business for $55,000 including their profit, allowing you to pay in installments over time.
Musharakah Partnership: Suitable for joint ventures or funding new projects where both parties contribute capital and share profits/losses.
- Example: An Islamic bank might provide 40% of the capital for a new expansion project, and you provide 60%. Profits and losses are shared based on a pre-agreed ratio, typically linked to capital contribution.
Mudarabah Profit-Sharing: One party provides capital, and the other manages the business. Profits are shared, but financial loss is borne by the capital provider. Useful for venture capital or project financing.
Ijara Leasing: For financing equipment, property, or vehicles. The bank buys the asset and leases it to you for a fixed rental period. Ownership may transfer at the end of the term Ijara Muntahia Bittamleek.
- Example: Instead of a car loan, an Islamic finance company buys the car and leases it to you, with monthly rental payments. At the end of the lease, you can purchase the car for a nominal sum or a pre-agreed residual value.
Sukuk Islamic Bonds: For larger financing needs, Sukuk are asset-backed securities that represent ownership in tangible assets or a business venture, providing returns through profit-sharing or rentals rather than interest.

3. Seek Business Incubators or Accelerators with Ethical Focus

Some incubators or accelerators, particularly those with a social impact or faith-based mission, might connect you with ethical investors or provide mentorship on structuring your business ethically.

4. Explore Ethical Crowdfunding Platforms

A growing number of crowdfunding platforms are emerging that specifically cater to ethical and Sharia-compliant investments.

How they work: Businesses can seek funding from a community of investors through equity participation investors own a share of the business or profit-sharing models.
Search for: “Sharia-compliant crowdfunding,” “ethical business crowdfunding.”

5. Consider Invoice Factoring Sharia-Compliant Structures

While traditional invoice factoring can have elements of interest, some providers structure it ethically by purchasing your receivables at a discount, without applying interest or excessive fees that resemble interest. Scrumversity.org Review

This is a nuanced area, so thorough due diligence is essential.

6. Due Diligence and Professional Advice

Always conduct rigorous due diligence:

Verify Credentials: Ensure the institution or platform is regulated and reputable.
Demand Transparency: Insist on full disclosure of all terms, conditions, and costs upfront.
Consult Experts: Before committing, seek advice from a scholar knowledgeable in Islamic finance and a legal professional to review contracts.
Compare Offers: Even within ethical options, compare different offers to find the most suitable and competitive terms for your business.

By proactively seeking out these alternatives and understanding their underlying principles, businesses can secure financing that not only meets their operational needs but also aligns with their ethical and religious values.

How to Cancel Metromediafunding.com Subscription Hypothetical

Based on the information available on Metromediafunding.com’s homepage, there is no mention of a “subscription service” for their Merchant Cash Advances MCAs or Sale Leaseback programs.

These are typically one-off financial agreements or transactions, not recurring subscriptions.

Therefore, the concept of “canceling a subscription” as one might for a SaaS product or a streaming service does not directly apply here.

However, if a business has entered into an agreement with Metromedia Funding Solutions, the relevant terms would revolve around:

Canceling an Application: If an application has been submitted but no funds have been disbursed or a contract signed.
Early Repayment or Termination of an Advance: If a business has received an MCA and wishes to pay it off early or terminate the agreement.

Given the absence of specific terms on the website, this section will outline the general steps one would take in such scenarios with any financial provider like Metromedia Funding, assuming a contract has been signed.

If You’ve Submitted an Application But No Funds Disbursed:

Immediate Contact: As soon as you decide not to proceed, contact Metromedia Funding Solutions directly via phone 317-649-0110 and email if an email address for general inquiries is available, though it’s not prominently listed on the homepage.
Verbal and Written Notification: Clearly state your intention to withdraw your application. Follow up any phone conversation with a written email or letter for your records, detailing the date and time of your call and the person you spoke with.
Confirm Withdrawal: Ask for confirmation that your application has been withdrawn and that no further processing will occur. Ensure any sensitive financial information submitted will be securely handled or destroyed as per their privacy policy.

If You’ve Received a Merchant Cash Advance MCA or Sale Leaseback and Want to Terminate/Repay Early:

This is where it gets complex, as MCAs often have specific terms regarding early repayment.

Review Your Contract Thoroughly: The most critical step is to review the signed agreement you have with Metromedia Funding Solutions. Look for clauses related to:
- Early Repayment/Prepayment: Does the contract allow for early repayment?
- Prepayment Penalties: Are there any penalties, additional fees, or conditions for paying off the advance ahead of schedule? Some MCA providers offer a slight discount for early payoff, while others might charge the full agreed-upon amount regardless of how quickly you repay.
- Termination Clauses: What are the conditions under which the agreement can be terminated by either party?
- Default Clauses: Understand what constitutes a default and the consequences.
Contact Metromedia Funding Solutions: Reach out to their customer service or the account manager assigned to you. Clearly state your intention to repay the advance early or terminate the leaseback agreement.
Request a Payoff Quote: Ask for a precise payoff amount that includes any applicable fees or discounts. Get this quote in writing.
Confirm Payment Method: Agree on the method for early repayment e.g., wire transfer, ACH.
Obtain Written Confirmation of Account Closure: After repayment, it is absolutely essential to obtain a written statement from Metromedia Funding Solutions confirming that your account is paid in full, the agreement is terminated, and you have no further obligations. This protects you from future claims.
Monitor Your Bank Account: Continue to monitor your business bank account for a few weeks to ensure that no further deductions are made after the agreed-upon payoff.

Important Note on MCAs and Early Repayment:
Many MCA agreements are structured such that the full agreed-upon “repayment amount” advance + factor rate is owed regardless of how quickly you pay it back. This means you might not receive a discount for early payment, effectively still paying a very high “interest” equivalent even if you repay in a short period. This is a common feature of MCAs that makes them distinct from traditional loans, where early repayment typically saves you interest. Always clarify this point before entering into an MCA agreement. Themastermindvision.com Review

Given the lack of explicit “subscription” services, a typical cancellation process like that for software would not apply.

Instead, managing or terminating an MCA or leaseback agreement requires careful review of the contract and direct communication with the provider.

FAQ

What is Metromediafunding.com?

Metromediafunding.com is a website offering financial services primarily focused on Merchant Cash Advances MCAs and Sale Leaseback programs for businesses.

Are Merchant Cash Advances MCAs permissible in Islam?

Generally, Merchant Cash Advances MCAs are considered impermissible in Islam because their structure often involves a pre-determined increase over the principal amount, which is akin to riba interest, even if they are legally termed as a purchase of future receivables rather than a loan.

What is a Merchant Cash Advance MCA?

A Merchant Cash Advance MCA is a lump sum payment provided to a business in exchange for a percentage of its future credit card or debit card sales.

Repayment is typically made through daily or weekly deductions from sales.

Does Metromediafunding.com offer traditional loans?

Based on their website, Metromediafunding.com explicitly states, “Merchant cash advances are not loans,” indicating they do not offer traditional loan products.

Is Metromediafunding.com transparent about its pricing?

No, the Metromediafunding.com website does not provide upfront pricing information, such as factor rates or specific fees, for its Merchant Cash Advances or Sale Leaseback programs on its public-facing pages.

What are the ethical concerns with Metromediafunding.com’s services?

The primary ethical concern is the nature of Merchant Cash Advances, which can have very high effective interest rates similar to riba and often lack transparency in their terms, potentially leading businesses into debt cycles.

What are better alternatives to Metromediafunding.com for ethical financing?

Better ethical alternatives include Islamic finance products like Murabaha cost-plus financing, Musharakah partnership, Mudarabah profit-sharing, and Ijara leasing, offered by dedicated Islamic financial institutions. Btsave.io Review

How does a Sale Leaseback work, and is it permissible in Islam?

A Sale Leaseback involves a business selling an asset to a financial institution and then leasing it back.

It can be permissible in Islam under a proper Ijara leasing structure, provided there is no interest, and the transaction genuinely involves the transfer of ownership and risk before leasing.

Does Metromediafunding.com provide financial advice?

No, Metromediafunding.com clearly states on its website, “we are not financial advisors,” and “No information on this site should be used as financial advice or legal advice.”

How quickly can a business get funding from Metromediafunding.com?

While the website doesn’t state specific timelines, MCAs are generally known for their rapid application and funding process compared to traditional loans.

What information is required for an application with Metromediafunding.com?

The website directs users to a general application form via HelloSign, stating that “Not all information will be relevant to you.” It implies a broad range of business and financial details may be requested.

Where is Metromedia Funding Solutions LLC located?

Metromedia Funding Solutions LLC is located at 6101 North Keystone Ste. 100 #1282 Indianapolis, IN 46220.

What are the contact numbers for Metromedia Funding Solutions?

The website provides two phone numbers: 317-649-0110 and a fax number: 317-349-5884.

Is there a “free trial” for Metromediafunding.com’s services?

No, financial products like Merchant Cash Advances do not typically have “free trials” like subscription services.

They are financial agreements with specific repayment terms from the outset.

How can I cancel an application with Metromediafunding.com if I change my mind?

If you’ve submitted an application but no funds have been disbursed, you should immediately contact Metromedia Funding Solutions by phone and follow up with written notification to withdraw your application. Bluediamondfx.com Review

Can I pay off a Merchant Cash Advance from Metromediafunding.com early?

While early repayment might be possible, the terms depend on your specific contract.

Many MCA agreements are structured such that the full agreed-upon factor rate is owed regardless of how quickly you repay, meaning you might not save money by paying early.

Always review your contract and request a payoff quote.

Does Metromediafunding.com have an “About Us” section?

Yes, the website has an “About Us” link labeled “Learn More” that presumably provides more information about the company.

What are the risks of using a Merchant Cash Advance?

Key risks include very high effective interest rates, potential for a debt cycle, less regulation compared to traditional loans, and daily/weekly repayment schedules that can strain cash flow.

What is the “Privacy Policy” on Metromediafunding.com?

The “Privacy Policy” link on the website directs to a “Terms and Conditions” page, which should outline how they handle user data and their legal terms for engaging with their services.

How can I verify the legitimacy of Metromediafunding.com?

You can verify legitimacy by checking their physical address, looking for third-party reviews, searching for their business registration with the Indiana Secretary of State, and consulting with financial or legal professionals before engaging with their services.