What is Merchant Cash Advance?

In News by Keith Dillihunt

Let me be clear, we don’t like to sell this service.  We feel like we lose a piece of our souls each time we have to suggest this option because all other options have failed.  However, this is available in the most urgent and dire situations.  The bank won’t make a small business loan or worse, the bank has declined you.

Merchant Cash Advances are loans based upon the past three months bank deposit balances.  The repayment structure may be daily or weekly, but please understand, this option is pricey based upon the emergency nature of the funds.

Let’s talk before we go down this road.  If we decide we have to travel down this path, we have this option available to you.