O'Reilly logo

Getting a Business Loan: Financing Your Main Street Business by Ty Kiisel

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

images

The Merchant Cash Advance

Credit or Debit?

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.

A merchant cash advance (MCA) isn’t really a loan. It is an advance based on the volume of cash that flows through a company’s merchant cash account—in other words, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required