Is a Merchant Cash Advance Right for Your Business

A merchant cash advance (MCA) is a type of business financing that provides businesses with a lump sum of cash in exchange for a percentage of future debit and credit card sales. MCAs are typically repaid over a short period of time and can be very expensive, with APRs reaching up to 350%. Businesses should carefully consider the pros and cons of MCAs before applying for one. By Coshorts

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