Category: merchant cash advance

Merchant Cash Advance Terms / Glossary / FAQ

Merchant Cash Advance Terms | FAQ | Glossary [row][one_half] Merchant Cash Advance- Factoring of future credit card receivables. Receivables are sold at a discount for the advance amount. Factor Rate- Cost of capital for Merchant Cash Advance. Rates range from 1.12-1.50 depending on the lender and time frame projection. ISO- Independent sales office. This is…