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Merchant Advance Loan (MCA). Borrow funds against future bank card product sales

Merchant Advance Loan (MCA). Borrow funds against future bank card product sales

What exactly is a Merchant cash loan or MCA?

A merchant Cash Advance (MCA) could be the perfect solution if you’ve got exciting plans to grow your business.

a merchant cash loan (MCA) is a lump amount payment to an experienced business that is small trade for a portion of future charge card and/or debit card product sales.

The MCA is designed to match the cash flow of your business, so rather than being a fixed sum each month or fixed daily repayments being taken directly from your bank account, a small percentage of the businesses credit card and EFTPOS terminal sales are repaid daily for the term of the cash advance as an alternative to traditional business finance.

Each and every time some body spends cash along with your company through the card terminal, you’ll automatically repay a small portion of the vendor advance loan. Continue reading Merchant Advance Loan (MCA). Borrow funds against future bank card product sales