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HOW IS A BUSINESS CASH ADVANCE REPAID?

April 26, 2017Business cash advance repaid

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HOW IS A BUSINESS CASH ADVANCE REPAID?

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Business owners repay the advance by allowing us to withhold a fixed % off each Via or Mastercard sale. There are no fixed repayment terms, no collateral and no personal guarantees. The best features of a cash advance are: Automated and Flexible payments. Because advances are based on future credit card sales, your business pays back its advance based on your daily credit card sales volume.