How Merchant Cash Advances Work
How it works is a Merchant Account Cash Advance provides businesses that accept payments via credit card charges to obtain cash advances based on future credit cards sales. You simply show a history of sales transactions as proof and there is typically no collateral required. Unlike a traditional business loan, you receive cash for tomorrow's credit card sales today and get a flexible percentage based repayment method!
Merchant Account Cash Advances are repaid through a percentage which is deducted from your future credit card sales until your merchant account cash advance is paid back. Compare free, multiple competitive merchant cash advance quotes from multiple merchant account cash advance providers today!