
Starting a business requires a lot of planning and research. One of the central questions that entrepreneurs must answer is what types of loans they will pursue? Two types of loans commonly used by businesses are Merchant Cash Advances and ACH Loans. The following is a quick overview of the differences between the two. Merchant Cash Advances Merchant cash advances are not technically loans; they are actually cash infusions based on sales that take a portion of future credit card sales. Some merchants prefer these terms, as they don’t require merchants to pay back monies by a specific date. Plus […]
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