3 Tips to Follow before Going For a Merchant Cash Advance

3 Tips to Follow before Going For a Merchant Cash Advance

When small businesses are in need of urgent cash, it hardly makes sense to contact a corporate lender or a bank for traditional loan options. While most don’t qualify, even those that do will have to go through a lengthy application process and wait for a long time to obtain the funds. A more appealing and timely option is a merchant cash advance.

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Merchant Cash Advance Myths Busted

If you are a small business in need of some urgent cash, Merchant Cash Advance should be the first thing that comes to your mind. They are available easily and quickly. In fact many lenders even contact potential borrowers directly through merchant cash advance leads. However, there are certain myths about MCAs that stop many small businesses from leveraging this valuable financial resource. Here are 7 such myths, along with a few facts that help in debunking them:

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Stuck with a bad mortgage? Here is what you can do

With so many lenders offering mortgage options, it is always advisable to compare your options and then decide on the right lender. Unfortunately not many do this. They go with the first mortgage lender who gets in touch with them directly by purchasing mortgage leads from lead generating firms. As a result, most borrowers get stuck with bad mortgages.

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