A merchant cash advance is often mistaken for a loan. However, that is not the case. A merchant cash advance...

A merchant cash advance is a lump sum payment that a business gives in exchange for an agreement. This agreement specifically requires repayment based on a percentage of future credit card and debit card sales. You may also use the term merchant cash advance to define the payments and purchases of short-term business loans and future sales receivables.

A limited liability company (LLC) is a business formation beneficial for more than one key owner. Unlike a sole proprietorship, it is a separate legal and protects the business owner(s) from legal liabilities. When a company seeks to grow, securing financing is vital for expansion. Obtaining an LLC small business loan is attainable for many companies. Traditional lending institutions, fintech funding, working capital loans, and merchant cash advances are options. We will examine the pros and cons in each scenario to help your company better assess which route is more viable for your firm.

Is your business in need of some extra cash to get through a tough spot? If so, you may be...