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Title: Merchant Cash Advance
Description: This PDF contains the basic information regarding Merchant Cash Advance.
Description: This PDF contains the basic information regarding Merchant Cash Advance.
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“ Merchant
Cash Advance” is nothing but simply providing
funds to ‘businesses’ in exchange for a percentage of the
businesses daily credit card income, directly from the processor
that clears and settles the credit card payment , every time you
make a credit card sale, a portion of the revenue is forwarded to
the provider until the entire amount has been repaid
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CONCEPT OF MCA
FACTOR RATE
This might be around 1
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4 for the total amount of advance
during the time period allocated i
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69 months
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Minimum revenue of business must be in order to get
advance is $4500
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ADVANTAGES:
Less paperwork
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No use restrictions
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No fixed payback schedule
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Your business remits less on slow
days and more on busy days to keep cash-flows smooth
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Remittent will take automatically through credit card
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No Obligation
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com
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Title: Merchant Cash Advance
Description: This PDF contains the basic information regarding Merchant Cash Advance.
Description: This PDF contains the basic information regarding Merchant Cash Advance.