Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the size of the Merchant Cash Advance determined?

cash advance merchant size
0
Posted

How is the size of the Merchant Cash Advance determined?

0

The amount of receipts purchased is determined by the average credit card volume processed over a 180 day period. Submission of any documentation (bank statements, sales tax receipts) that support total sales volume is encouraged in order to be approved for the highest amount possible. Approval for the largest amount possible will be based upon the documentation provided.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123