How Do Merchant Cash Advance Fees Work?
If you need business funding, you may have considered a merchant cash advance (MCA). But before you commit to one, it’s important to understand how MCA fees work. MCAs help small business owners access working capital quickly, but they’re also quite expensive compared to other financing options. Read on to learn about the various fees […]
How Does a Merchant Cash Advance Impact Your Credit Score?
If you’re a small business owner, you may have come across one financing option known as a merchant cash advance (MCA). One of the reasons an MCA can be attractive is the fact that you can qualify for one even if your personal or business credit isn’t in great shape. However, you might wonder if […]
Can You Consolidate MCA Loans? (And Why You Might Not Want To)
If you’re struggling with merchant cash advance (MCA) debt, you may be tempted to look into a way to consolidate MCA loans to get some relief. It is possible to consolidate MCAs; this can be a strategic move for businesses that have taken out multiple advances. This process involves taking out a new loan to […]