What are cash advances? According to Investopedia, a cash advance is a service that credit issuers offer in which a person is allowed to withdraw money from an ATM or directly from a bank/financial institution. The interest rates on these cash advances are higher than the rates charged on credit card transactions. It is also … Continue reading “What are cash advances?”

Read More

Merchant Cash Advances Vs. Invoice Factoring If a business is short on cash and needs it sooner than later, then it often goes for one of the two options: merchant cash advances or invoice factoring. Merchant cash advances and invoice factoring are not loans but rather alternative forms of financing. They are different from tradition … Continue reading “Merchant Cash Advances Vs. Invoice Factoring – What’s the Difference?”

Read More

Merchant Cash Advances Vs Business Bank Loans Merchant cash advance and business bank loans help to keep your business growing. Both of them provide a lump sum of money when your business needs capital. Merchant cash advances companies purchase future receivables of your business at a discount. Every time you make a credit sale, a … Continue reading “Merchant Cash Advances Vs Business Bank Loans – A Different Ball Game”

Read More