Tag: Merchant Cash Advance

Blog | jnadealerprogram.com

Merchant Account: So, you have made that huge step, that jump into the bottomless pit of business. You proceeded to choose to start a business. You’ve incorporated, formed an LLC, got an Employer Identification Number (EIN), a reseller’s license, and opened a ledger or bank account. You know in your heart that you will work admirably, have some good times, and rake in some serious cash! You may even have pondered how your clients are going to pay you: money, checks, cash orders, bank transfers, bargaining, or credit cards. Any business in the present card-only [more]


Blog | jnadealerprogram.com

If your small business accepts regular credit card payments from consumers, you’ve probably heard of merchant cash advances or retailers cash advances. Many small business owners, on the other hand, are unfamiliar with how merchant cash advances operate and are uncertain if they are the best business financing choice for them. We’ll define a merchant cash advance and discuss the advantages and disadvantages of using this type of small business financing. What is a Merchant Cash Advance? Many people mistakenly assume that merchant cash advances are the same as business loans. This is not the [more]