North American Bancard Blog

Tagged "Cash Advance"

Merchant Cash Advance regulation: Is it real? [2019]

Posted by Joshua Griffin   |   

First of all, what is a Merchant Cash Advance? For starters, it isn’t technically a loan. Rather, it works much like a credit card advance, except it’s commonly extended to small businesses . A Merchant Cash Advance company basically extends, or “lends” you a lump sum of cash in return for a share of your future credit and debit card sales and profits.

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