Commonwealth Merchant Advance Salary

Commonwealth Merchant Advance Salary

How much does the Commonwealth Merchant Advance Pay for employees?

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As of August 2026, the average annual salary for employees at Commonwealth Merchant Advance in the United States is $105,142. This translates to an approximate hourly wage of $51. Salaries at Commonwealth Merchant Advance typically range from $92,231 to $119,147 annually, reflecting the diverse roles and experience levels within the company. Commonwealth Merchant Advance’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Commonwealth Merchant Advance

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Is Commonwealth Merchant Advance’s Pay Competitive? Salary Benchmarking Analysis

How does Commonwealth Merchant Advance’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Commonwealth Merchant Advance
Financial Services
Faughnan Financial Network Inc
Ace Funding Source LLC
Industry Comparison
Our data shows that, on average, compensation at Commonwealth Merchant Advance is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Commonwealth Merchant Advance average annual salary with several similar companies. Commonwealth Merchant Advance average salary of $105,142 is lower than Faughnan Financial Network Inc, which has an average salary of $106,292. It is higher than Ace Funding Source LLC, with their average salary at $96,156. This places Commonwealth Merchant Advance in a mid-range position among its peers.
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How Commonwealth Merchant Advance's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Commonwealth Merchant Advance. Click a company name to learn more.

Employee Reviews: Working at Commonwealth Merchant Advance

Considering a career at Commonwealth Merchant Advance? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Third-party tools are carefully vetted. Great benefits and competitive compensation packages. Training programs exist but vary in effectiveness and frequency. From certification programs to sponsored conferences, I’ve had so many chances to learn. Employees across multiple regions—the firm fosters a close-knit culture.
Commented in February 12, 2025
11
3
There’s a focus on process adherence rather than innovation. I’ve experienced consistent growth and recognition in my role. This approach minimizes disruption and anxiety. Working here has been incredibly rewarding.
Commented in January 08, 2025
22
2
Operations are seamless, yet individual achievements are celebrated. Training programs exist but can always be updated or role-specific. I’ve grown my network and capabilities significantly since joining this financial services team. Managers are supportive and encourage professional development.
Commented in December 19, 2024
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1

Commonwealth Merchant Advance Overview

Website
www.cmaadvance.com
Founded In
2008
Employees
<25 employees
Industry
Financial Services
Headquarter Address
383 Kingston Ave Brooklyn New York NY 11212
Revenue
<$5 Million
Phone Number
+1 6464157965
Social Media
About Commonwealth Merchant Advance
Commonwealth Merchant Advance is a privately-held company formed by a handful of businessmen who have been in your shoes. Understanding how difficult it is to raise capital, they decided to make a difference - to "invest" in solid retail, restaurant and service businesses. The result is a partnership of business, legal and financial specialists who are actively involved in the day-to-day operation

What Benefits Does Commonwealth Merchant Advance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Commonwealth Merchant Advance offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Commonwealth Merchant Advance.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Commonwealth Merchant Advance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Commonwealth Merchant Advance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Commonwealth Merchant Advance

1. What is the average salary for employees at Commonwealth Merchant Advance?

The average annual total compensation for employees at Commonwealth Merchant Advance is approximately $105,142. However, this is an aggregate figure, actual salaries can range significantly, typically from $92,231 to $119,147, depending on factors like job role, experience, and location.

2. How much does Commonwealth Merchant Advance pay compared to Faughnan Financial Network Inc?

The average annual salary at Commonwealth Merchant Advance is $105,142, or an hourly wage of $51, in comparison to Faughnan Financial Network Inc which pays $106,292 per year or $51 per hour.

3. How does having a professional certification impact salary for relevant roles at Commonwealth Merchant Advance?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Commonwealth Merchant Advance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Commonwealth Merchant Advance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Brooklyn?

While some companies offer formal COLA, many, including potentially Commonwealth Merchant Advance, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Commonwealth Merchant Advance?

Most companies, likely including Commonwealth Merchant Advance, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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