Merchant Cash Advance Blog Posts | Page 3

Although factor rates and interest rates appear similar, there are some important differences which potential borrowers need to be aware of. Fixed fees (the fee determined by a factor rate) are only calculated once, before the loan is issued. The fee will stay the same, regardless of how long repayment takes. On the other hand, interest rates are accrued over time—the longer your loan is outstanding, the more fees will build up. Read on for more about the difference between factor rates and interest rates.

Merchant cash advances (MCAs) and short-term loans (STLs) are an easy way for merchants to borrow cash for business purposes. Although these types of financing often get a bad rap, many legitimate business funders offer merchant cash advances and short term loans. However, because these types of funding are still relatively new and often misunderstood, some […]

Have you been thinking about getting a merchant cash advance (MCA)? Perhaps you’ve seen some fancy ads promising fast approval, easy qualifications, and funding within 48 hours. The good news is that those aren’t pie-in-sky targets. It is, indeed, possible to get your money that quickly and easily. The bad news is that there are a […]

Did you know that you can be approved for thousands of dollars of funding within 24 hours, even if you have poor credit? It’s true! Though, odds are, if you have a small business and an internet connection, you know this already. That’s because the merchant cash advance funding industry has blown up over the […]

To repay your loan in a timely manner, it’s important to know whether or not your payments are fixed or variable, how often you have to repay, and how repayments are made. In this post, we’ll break down all the elements involved in paying back a business loan.

Note: this is part two of our three-part Small Business Loans 101 series. Head over here for last week’s article: Finding the Right Lender.  After you’ve found a few lenders you may be eligible for, it’s time to start applying for loans. Although all have their own process, most lenders appear to have adopted the […]

Searching for a business loan can seem like a daunting task. With so many lenders out there, it’s hard to know what kind of loan you need, where you should apply, and which lenders will actually accept your application. The search for an appropriate business loan will always be a relatively time consuming process, because you […]

At the risk of stating the obvious, companies need capital to grow. Often, businesses, especially of the smaller variety, do not have access to the capital that they need when they need it. Thus, the time-honored tradition of lending money — business owners can borrow the money they need and then pay it all back, […]

Searching for a Merchant Cash Advance (MCA), those lump-sum loans paid back daily through debit and credit card sales, can be a time-consuming experience. With so many providers out there, how do you even begin to find the good ones? Worry no more—we at Merchant Maverick are here to help. Here are some useful tips to […]