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Although merchant cash advances are a financing option of last resort, they do have their pluses: In this case, let’s say your merchant cash advance provider deducts 10% of your monthly credit card sales until you’ve repaid the $70,000, and your busy restaurant averages $100,000 in credit card revenue per month. You’d repay $10,000 monthly, …

Although merchant cash advances are a financing option of last resort, they do have their pluses: Leer más »