What is a Merchant Cash Advance and is MCA Right for You?
Stax
MAY 2, 2024
Direct ACH (Automated Clearing House) withholding – The lender deducts fixed amounts from your business checking account based on an estimated monthly revenue. For example, the higher your sales, the quicker you repay the MCA. This allows you to stick to a structured repayment schedule regardless of the sales.
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