A Merchant Cash Advance is a debt-free way for businesses to get cash quickly for working capital or cash flow needs. A business sells a portion of their FUTURE credit card sales at a discount to a funder. The funding source automatically collects a small, fixed percentage from the business’ daily credit card batches until the agreed retrieval amount is satisfied. Retailers, restaurants, dentists, professional services, and many other businesses use Merchant Cash Advances to meet both growth opportunities and cash flow challenges.
Merchant Cash Advance
June 16th, 2010 by admin Leave a reply »
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