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Is MEPA a loan or and Invoice Factor?

April 26, 2017Factor invoice loan MEPA

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Is MEPA a loan or and Invoice Factor?

1 Answer

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No. With MEPA, you are essentially selling a portion of your future receivables and payments at a discount. There is no fixed payment, no fixed term, no variable cost of funds tied to collection schedules, no penalties for invoices/ claims that pay late.