Understanding Business Cash Advances
A business cash advance (BCA) or a merchant cash advance (MCA) is an upfront sum of cash that allows businesses to borrow money against their future credit/debit card sales. The repayment of cash advance is made with a percentage of your daily or weekly credit card sales, plus fees, until the advance is paid in full. This makes it a convenient option especially for businesses that accept credit/debit cards as a mode of payment.
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