Merchant Cash Advance

About Merchant Cash Advance

Category: Finance

Merchant Cash Express is not a bank nor a lender, but a factoring company. What this means is that there is no interest rate, and no hidden fees. Not even a need to offer security through collateral. What Merchant Cash Express does is buy your projected card receivables by offering you a lump sum upfront. Then, you repay over a longer period of time, in a percentage of your card sales.