What's a Merchant Cash Advance

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A Merchant Cash Advance is an up-and-coming way for businesses to receive funding quickly and to repay it through the takings on their card machine over a shorter period of time, only paying a set percentage of each transaction. This works perfectly for merchants as they will only ever repay the loan at the same level of commitment regardless of the peaks and troughs that we all know are inevitable in business. If you have a quiet month, you are not committed to paying a large monthly repayment and this is what makes a Merchant Cash Advance so attractive to business owners requiring quick funding.