Is a Merchant Cash Advance Right For You: 10 Detailed Pros and Cons of Merchant Cash Advances
Broke? Business going downhill? Bills to the ceiling and feeling a bit overwhelmed? Well, merchant cash advances may just be right for you.
A merchant cash advance (MCA) is a method of receiving money for your business without applying for a traditional business loan. Good credit, bad credit, it doesn’t matter, so expect the funds to hit your account immediately once approved. Sounds perfect, right? Well, like all things, that depends.
Today, we’ll be showing you a few opportunities and obstacles you may face while getting this particular cash advance to help you figure out whether it’s right for you.