Merchant Cash Advance
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What is Merchant Cash Advance?
Merchant Cash Advance (MCA) is a fast and flexible financing option. This type of finance provides businesses with quick access to cash without the lengthy approval process of the traditional loans. With MCA, repayment is based on a percentage of future customer card sales, simplifying the repayment structure. This will allow businesses to repay the advance through small deductions from each transaction made.
With MCA one of the key advantages is the speed of funding, with approvals and funding taking as little as 24 to 72 hours to arrange.
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