Notifications
Clear all
If you have a small business that processes credit cards and has been in operation for at least 6 months, you may qualify for a merchant cash advance.
The more your business processes each month, the more you are qualified to receive. You pay back the merchant cash advance provider via your future credit card receivables with your customers. You are in no way obligated to spend the cash you are advanced in any specific way - you can use it for marketing, renovation, expanding, new supplies, payroll, etc.
Topic starter
Posted : 01/08/2011 6:37 pm
Re: Merchant cash advances
Small-business owners who need quick access to capital have a burgeoning industry eager to fund them: merchant cash advance providers. The decade-old industry has grown significantly in the past two years, to more than 50 providers, observers say, and the tight credit environment is fueling demand. As interest in their business grows, providers—who charge premiums of 30% or more on the money they advance—are trying to promote industry standards to avoid scrutiny from regulators.
Posted : 16/03/2012 2:43 am
Forum Statistics
6
Forums
5,497
Topics
35.8 K
Posts
9
Online
22.1 K
Members
Latest Post: why does salesforce best CRM ? Our newest member: DustinTed Recent Posts Unread Posts
