Similar to Factoring, an MCA isn’t technically a loan, it’s an advance based upon a company’s regular daily deposits into their credit card merchant account. Like factoring, the business owner “sells” a percentage of their future credit card receipts to acquire cash now. To learn more, visit our Guide to Merchant Cash Advance.
BusinessLoans.com is brought to you by
Over $5 Billion delivered to small businesses. Learn More
on Social Media
Most Popular Posts
Not sure about a term or phrase? View our glossary of commonly used financial words on BusinessLoans.com.View Definitions