Merchant Cash Advance.
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Anonymous
ID: 124907
March 23, 2024
Description
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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Useful information
This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"