Peter Joan
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Merchant Cash Advance Guide, Last online: 1 month ago

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merchantcashadvanceguide.ca

Merchant cash advances (MCAs) are essentially the sale of a business’s future sales, in exchange for immediate cash. The lender approves a lump sum payment to a business in exchange for a pre-determined percentage of that company’s future credit card (and sometimes debit card) sales. The percentage taken continues until the full payback of monies is fulfilled.

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Peter Joan1

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