What Is The Principle Behind Business Merchant Cash Advances? – Click Here For Info!
Merchant Cash Advances works in the same manner as that of invoice factoring. The process of invoice factoring involves selling of sales ledger or a specific part of the sales ledger to a group of lenders or individual lender. It provides immediate cash to the company and the sales lender gets paid when the pending ledger invoices of the company are settled.With business funding, the business sells its revenue stream that will be received by future credit card receipts against the business. The process starts by evaluation of sales from credit cards for a given period of time and a certain portion of this amount is paid to the owner as cash advance. The lender receives the money from those sales after they are made.
In both of these cases, there is a fee involved depending on the amount of cash advance which is charged by the lender. Depending upon the terms of the agreement, fee amount and other costs vary accordingly. The rate of interests depends on the level of risk and flexibility offered from the funding group.
Read The Interesting Snippets Below For Exciting Merchant Cash Advance News!
DealBook | The Future of Money: Starting an Overdue Conversation About Money
– http://nytimes.com/ny
If nothing else, virtual currencies like Bitcoin have raised questions about the nature of money and how it might be evolving.
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Old and new slug it out in China market rout: Goldman Sachs
– http://www.reuters.com/USVideoBusiness
April 1 – China’s markets may look troubled – but Goldman Sachs’ chief regional strategist Timothy Moe sees growth opportunities in new sectors such as e-commerce as well as a return to form in older names.
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Critics argue that Michael Lewis’s new book on high-speed trading broke no new ground. But few wanted to miss out on the conversation.
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Mar. 31 – As the midnight deadline approached for those enrolling in Obamacare, there was a last-minute surge in signups.. and still many questions. Lily Jamali reports.
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Many worry that the global financial center might suffer collateral damage if more penalties are imposed on Russia over its actions in Crimea. But the data suggests otherwise.
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A new book points out problems with high-frequency trading, but the fault lies with the markets themselves.
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Bits Blog: At Mozilla, a Chief’s Support of Gay Marriage Ban Causes Conflict
– http://nytimes.com/ny
Brendan Eich was recently appointed to run the organization behind the Firefox browser, but his donation in support of a California proposition has some already calling for his ouster.
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Breakingviews: OCBC may pay a hefty price for China exposure
– http://www.reuters.com/USVideoBusiness
April 1 – OCBC’s $5 billion offer for Hong Kong’s Wing Hang Bank looks expensive – and risky in the short term amid China’s slowdown and debt wobbles, says Breakingviews’ Peter Thal Larsen.
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Business Merchant Cash Advance Information Here! + More News: DealBook: Scrutiny for Wall Street’s Warp Speed + MORE 04/01/2014
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