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Are there any restrictions on how I spend the funds?

Learn about limitations on spending and how to stay in compliance.

WeLendIt Support avatar
Written by WeLendIt Support
Updated over 6 months ago

For most MCA and working capital solutions, there are no specific restrictions on how you use the funds, as long as they’re for business purposes. However, funds cannot be used for personal or illegal activities.

Key points:

  • Funds must be used for legitimate business expenses.

  • Spending on personal or non-business uses is not allowed.

  • We provide guidance if you’re unsure about your spending plans.

  • Staying in compliance ensures smooth funding experiences in the future.

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