What is a Merchant Cash Advance?
A merchant cash advance is structured as a lump sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales.
What is a merchant cash advance? A merchant cash advance empowers your business to trade tomorrow’s earnings for cash today. You receive a lump sum of cash upfront, and then you pay back the advance with a percentage of your daily sales. You’re essentially selling your future sales at a discount.
Merchant cash advances may seem like a financial lifeline for small-business owners, but this help comes with a high cost. Although merchant cash advances are quick and easy to get approved, interest rates are high. But in many circumstances it’s the best option.
Merchant cash advances may seem like a financial lifeline for small-business owners, but this help comes with a high cost. Although merchant cash advances are quick and easy to get approved, interest rates are high. But in many circumstances it’s the best option.
Apply Directly thru us and Get a 2% Discount on Your First Advance
Every dollar counts, why not save yourself some.
