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!

Greece's Samaras: saved or shipwrecked?

– http://www.reuters.com/USVideoBusiness

With the anti-reformist Syriza party still holding a lead in opinion polls, parliament fails to elect a new president in a first round of voting, leaving Prime Minister Samaras looking for as many as 20 votes to avoid snap national elections early next year. Amy Pollock reports.

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Bits Blog: Uber Driver in Boston Area Charged With Rape

– http://nytimes.com/ny

The man is accused of picking up a young woman in Boston on Dec. 6 while presenting himself as the driver for a ride-sharing service.

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DealBook: Whistle-Blower on Countrywide Mortgage Misdeeds to Get $57 Million

– http://nytimes.com/ny

Edward O’Donnell, a former Countrywide Financial executive, helped federal prosecutors force Bank of America to pay a record $16.65 billion penalty over its role in churning out shoddy mortgage securities.

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EZ leaders grapple with economy, Russia

– http://www.reuters.com/USVideoBusiness

Ahead of the last summit of European leaders this year, German chancellor Angela Merkel warns there’s no quick and simple fix to the euro zone crisis. The economy is top of a heavy agenda for the two-day meeting, as is the possibility of further sanctions against Russia. Joel Flynn reports.

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I give Sony pictures leadership a "D"-Mike Paul

– http://www.reuters.com/USVideoBusiness

Reputation consultant Mike Paul, President of Reputation Doctor LLC, says the current crisis at Sony is a failure of leadership, and a change is needed. Bobbi Rebell reports.

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DealBook: Aer Lingus Rejects Takeover Bid by Parent of British Airways

– http://nytimes.com/ny

Shares of Aer Lingus rose almost 9 percent after the International Consolidated Airlines Group, the parent of British Airways, made a takeover approach.

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Breakingviews: Biotech bonanza

– http://www.reuters.com/USVideoBusiness

Robert Cyran and Reynolds Holding discuss Juno Therapeutics’ IPO and the prospects for its cancer drug as well as other promising technologies in the booming sector.

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