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Rapid access to capital is more pressing than ever in today’s fast-paced business environment, where opportunities arise, and cash flow needs to be managed in real-time. With their inherent slowness and complexity, they are often ill-suited to the dynamic and urgent’ dynamic and urgent needs of modern businesses.
A Merchant Cash Advance (MCA) is a financial product commonly used in commercial finance. It is a form of business financing in which a company receives a lump sum of capital upfront in exchange for a percentage of its daily credit card sales plus a fee. This type of financing is prevalent among businesses with a high volume of credit card sales, such as retail stores and restaurants.
