Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
DEFINITION
By Staff Reporters
***
***
A Merchant Cash Advance is a specific type of convoluted financial agreement that lets the issuer bypass laws that limit interest rates on business loans. They are almost always targeted toward companies in dire financial straits that have nowhere else to turn to in order to get loans.
These loans have most often been compared to the business equivalent of a payday lender.
COMMENTS APPRECIATED
Subscribe and Refer
***
***
Share this:
Filed under: "Ask-an-Advisor", Accounting, Ethics, Financial Planning, Funding Basics, Glossary Terms, Insurance Matters, Investing | Tagged: finance, loan, merchant cash advance, merchant cash advance loan, pay day loan, payday lenders, payday loans |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Leave a comment