The Merchant Cash Advance

Ty Kiisel

Chapter Chapter 11 in Getting a Business Loan, 2013, pp 111-118 from Springer

Abstract: Abstract Young businesses, even thriving ones, often struggle to find the cash they need to grow and operate. If they’ve been in business less than five years, they don’t have a track record. If they’ve been operating on a shoestring, they probably don’t have the best credit rating. I know several young entrepreneurs who used their personal credit cards to keep the doors open—which can sometimes be problematic from a credit-management perspective.

Keywords: Young Entrepreneurs; Lender Will; Monthly Credit Card; Merchant Account; Monthly Transaction (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-4999-3_11

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DOI: 10.1007/978-1-4302-4999-3_11

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