Merchant cash advance

A lump-sum payment that a business receives in exchange for a percentage of its future sales.

Source: Small Firm Borrowing in Seventh District States: Results from the 2024 Small Business Credit Survey (Federal Reserve Bank of Chicago) · p.2

Reports that mention Merchant cash advance

Report on Employer Firms: Findings from the 2024 Small Business Credit SurveyFederal Reserve Banks (Small Business Credit Survey)

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