Category: Business Finance
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Understanding Funding Options for Small Businesses: Merchant Cash Advances, Loans, and Business Lines of Credit
Merchant Cash Advances For small businesses needing quick access to capital, a merchant cash advance (MCA) can be an appealing option. With an MCA, a business receives a lump sum payment in exchange for a percentage of its future credit card sales. This approach allows for more flexible repayment terms compared to traditional loans, making…