Merchant Credit Card Cash Advances

B2B Guidelines to help sell more

A merchant cash advance is an advance payment against your business’s future income. The merchant cash advance is a lump sum, which is repaid automatically using a percentage of your daily credit card receipts.

The percentage you pay is referred to as the hold back or retrieval rate. This may be anywhere from 10% to 300%, based on the size of the advance, business’s credit card sales and repayment period. Terms are normally under 24 months. Repayment begins after the funds are received.

A merchant cash advance is an advance payment against your business’s future income. The merchant cash advance is a lump sum, which is repaid automatically using a percentage of your daily credit card receipts.

What Is a Cash Advance, Credit Card Cash Advance, Cash Advance, Hard Money Loan, Working Capital, Easy business loan, SBA loan alternatives

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