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Merchant Cash Advance.

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Published date: March 23, 2024
Merchant Cash Advance.
Merchant Cash Advance.
While not technically a loan, a cash advance typically does not require a true Personal Guarantee so may be riskier for the lender. Cash advances generally do not have a set term, payment schedule, or stated interest rate like a traditional loan. Instead, cash advances typically have a total payback and purchase a fixed percentage of the customer’s future cash receivables.


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