06/04/2022 Financial & Legal Services
A Merchant Cash Advance can be understood as a type of sales agreement that eventually involves a small percentage of the future revenue which will be in exchange for a lump sum of money. It takes as few as 24 hours and as much as 72 hours for the approval of the MCA. It’s easily accessible and the business owner gets the cash immediately. The repayment of the debt fluctuates with the incoming cash flow at the business owner’s end.
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