What is a business cash advance, also referred to as merchant cash advance, and how does business cash advance work?
A business cash advance, also referred to as merchant cash advance is a convenient alternative to a traditional small business loan. It is cash given up front to businesses when they need it, and is based upon the cash flow from monthly credit card sales charges. Monthly payments don’t need to be made like small business loans; instead small debits are automatically taken from batched credit card sales.
