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  2. What is a merchant cash advance? - AOL

    www.aol.com/finance/merchant-cash-advance...

    A merchant cash advance is an alternative type of business financing that advances a lump-sum payment based on future credit or debit card sales. You’re essentially guaranteeing the advance with ...

  3. Merchant cash advance - Wikipedia

    en.wikipedia.org/wiki/Merchant_cash_advance

    A merchant cash advance (MCA) is a type of business funding or loan that is repaid by the lender taking a percentage of the businesses' daily credit or debit card income, directly from the payment processor. The term Merchant Cash Advance is commonly used to describe a variety of small business financing options characterized by purchasing ...

  4. Best merchant cash advances - AOL

    www.aol.com/finance/best-merchant-cash-advances...

    You can qualify for Credibly’s merchant cash advance with a personal credit score of just 550. You do need to have $25,000 in monthly revenue ($300,000 annually), according to a spokesperson ...

  5. What Is a Merchant Cash Advance? - AOL

    www.aol.com/news/merchant-cash-advance-132158799...

    A merchant cash advance, or MCA, is a type of short-term financing designed to deliver cash to small businesses quickly. An MCA is often easy to access, but it doesn't work like a traditional ...

  6. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    A cash advance is a credit card transaction that withdraws cash rather than purchasing something. The process can take place either through an ATM or over the counter at a bank or other financial agency, up to a certain limit; for a credit card, this will be the credit limit (or some percentage of it). Cash advances often incur a fee of 3 to 5 ...

  7. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 21 May 2024. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates ...

  8. Should Your Business Get a Merchant Cash Advance? - AOL

    www.aol.com/business-merchant-cash-advance...

    A merchant cash advance (MCA) is an alternative form of financing for companies that need cash fast but lack credit and, thus, access to conventional business loans. Although credit rating and ...

  9. 9 types of business loans - AOL

    www.aol.com/finance/9-types-business-loans...

    A merchant cash advance (MCA) is a short-term business loan option offered by online lenders. The amount you receive is based on your credit or debit card sales rather than your business’s ...

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