Last reviewed: October 2, 2026
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.
Summary verdict
The LCF Group (formerly Last Chance Funding, per the NY AG (NY AG petition)), based in New Hyde Park, New York, offers merchant cash advances and has funded businesses since 2011, according to a review by the broker United Capital Source (UCS). In a June 2026 petition against the arbitration service Rapid Ruling, the New York Attorney General alleges that LCF, which is not a party to the case, helped shape that service's rules in ways that favored MCA companies (NY AG petition). These are allegations; LCF is not a respondent and there is no ruling.
Paper Grade: C paper
UCS reports that LCF typically requires 6+ months in business, $10,000+ in monthly revenue and consistent bank deposits, with no hard credit pull (UCS). Younger businesses and an MCA product put this at C paper. Paper grade describes the borrower profile this lender targets, not the lender's quality.
Research-Based Reputation Score: 8.0 / 10 (reputation rank: tied #4 of 72 lenders scored, as of October 2, 2026)
How we got there: start at 5.0, then +1 for strong review-site ratings, which UCS reports as 4.8/5 on Trustpilot and Google from 2,500+ reviews (UCS), +1 because it has operated since 2011 (UCS), and +1 because our searches of regulator sites and news coverage turned up no regulator orders or court cases in which LCF is a named party. We score only actions where the lender is a named party. For context, the NY AG's June 2026 petition against Rapid Ruling makes allegations about LCF, but LCF is not a party to that case, so it is not scored (NY AG petition). The total is 8.0. We found no BBB profile. Its website blocked our access, so we could not check its own disclosures. UCS is a broker that places deals with funders, so treat its figures with care.
About the Paper Grade: it reflects only the borrower profile and deal type the lender targets (stated credit, time-in-business and revenue minimums, and product type). It is not a judgment of the lender's quality. A = strong credit (about 625–650+), established businesses, APR-priced loans or lines. B = fair credit (about 600+), short-term or factor-rate products. C = credit about 500–599, younger businesses, MCA or revenue-based, or sales-based platform financing with no credit check. D = minimal credit requirements, very new businesses, stacked positions or high-risk industries. Lawsuits and regulator actions never change the Paper Grade.
About the Research-Based Reputation Score (1–10, half-points): it summarizes public signals and is not the opinion of MCAFax. Every lender starts at 5.0. Points are added for BBB accreditation and an A+ rating, years in business, strong Trustpilot ratings, and a clean record (no regulator orders or court judgments in which the lender itself is a named party). Points are subtracted for a BBB rating of C− or lower (−1), a BBB customer-review average below 2.5/5 (−0.5), recurring complaint themes (−0.5 to −1), and a pending class action (−0.5). Government actions are scored only when the lender itself is a named party: −1 for a settled action not about borrowers, −2 for a regulator consent order with a penalty and no admission, −3 for active enforcement or a final order about borrower treatment, and −5 for an industry ban or court finding of liability. The lowest score, 1.0, is reserved for lenders under an industry ban or a final fraud judgment. Ratings we could not read score zero, and routine collection suits are not scored. Every point applied to this lender is listed above. Ranks are as of the date shown; MCAFax cannot confirm or deny any allegation counted here.
At a glance
| Item | Details |
|---|---|
| Product | Merchant cash advance (UCS) |
| Minimums (as reported) | 6+ Months, $10,000+ monthly revenue, no hard credit pull (UCS) |
| Founded / HQ | 2011, New Hyde Park, NY (UCS) |
| Regulatory | Named as a non-party in NY AG v. Mediation and Civil Arbitration, Inc. d/b/a RapidRuling (N.Y. Sup. Ct. Index 452192/2026); allegations only (NY AG petition) |
| BBB | No profile found |
What borrowers and reviewers report
Positive themes: UCS reports quick approvals, no upfront fees and responsive account managers (UCS).
Negative themes: UCS lists high repayment costs and notes that some complaints mention repayment disputes (UCS).
NY AG allegations: the petition alleges that Rapid Ruling "was conceived in cahoots with" LCF and that LCF was solicited to draft the forum's rules (NY AG petition). LCF is not a party, and the court has not ruled.
Reported concerns to plan around
These are allegations or reported experiences, not findings, unless a final order is cited.
- Dispute forum: if your contract names an arbitration service, ask who runs it and read its rules before you sign. The NY AG's petition makes allegations about how one such forum was designed (NY AG petition).
Who it may suit, and who may want to skip it
May suit: businesses with at least 6 months of steady deposits that need fast MCA funding and understand its cost. May want to skip: anyone who can qualify for a lower-cost term loan or line of credit.
What to do next
Been contacted by The LCF Group? Report the phone number or email that reached you, and sign up to block unwanted funding calls. → Report a number or email (https://mcafax.com/report?lender=the-lcf-group)
Looking for funding? Tell us what you need, and we'll help you compare The LCF Group with other funders that fit. → Apply through MCAFax (https://mcafax.com/apply?lender=the-lcf-group)
Sources (accessed October 2, 2026)
United Capital Source, The LCF Group review: unitedcapitalsource.com
NY AG verified petition, People v. Mediation and Civil Arbitration, Inc. (June 2026): https://ag.ny.gov/sites/default/files/court-filings/new-york-v-mediation-and-civil-arbitration-inc-petition-2026.pdf
LCF Group website (blocked our access on October 2, 2026): thelcfgroup.com
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.