What is a Merchant Cash Advance and is MCA Right for You?
Stax
MAY 2, 2024
Trust or lockbox account – The MCA lender opens a separate account for all your debit and credit card sales and takes a portion that goes toward repayment, before sending the rest to your business account. This allows you to stick to a structured repayment schedule regardless of the sales. Credibly requires minimal documentation.
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