March 7, 2009
Yesterday, we covered the positives of a Merchant Cash Advance as a source of working capital for your business. To recap: they are fast (funds are usually available within 5 – 10 business days); unsecured; don’t show up or tie up your personal credit; and are available to those with less-than-perfect credit and in industries that [...]
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March 6, 2009
The Merchant Cash Advance is a rapidly growing source of alternative working capital for small businesses. With a Merchant Cash Advance, a merchant sells a percentage of his or her future credit card receipts in exchange for an upfront lump sum amount.
Here’s how it works:
Let’s say your business does $10,000 a month in credit card sales and a funding company [...]
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