Merchant Cash Advance Business Loans in USA

2125 CENTER AVE #602, FORT LEE, NJ 07024 Fort Lee in New Jersey (United States) Zip code 07024

Publish date: April 14, 2023 17:28

Price: Check with seller

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Description

A Merchant Cash Advance, or MCA (alternatively referred to as a Future Receivables Purchase and Sale Agreement), is a loan made to a business in exchange for a fixed percentage of future credit card and/or overall sales at a discount. The business must repay the advance until a greater amount (purchased amount) is paid in full than the specified amount (purchase price).

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