Merchant Cash Advance: The Small Business Owner’s Guide

Merchant Cash Advance: The Small Business Owner’s Guide

A merchant cash advance (MCA) is a lump sum cash payment given to a company in exchange for a fixed percentage of its daily credit card receipts. Merchant cash advances are short-term financing options characterized by terms under 2 years and daily payments equal to a percentage of a company’s total daily credit receipts. Merchant…

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