Our Website: http://www.primefund.com
Often marketed by merchant cash advance companies as a way to get retailers who accept credit cards to switch credit card processing services, these types of “advances” have the advantage of being quick. However, they often come with multiple requirements for the business owner to switch processors, pay high upfront fees and interest rates, and buy new swipe equipment as a condition of approval. Often marketed as “Business Capital Loans”, they are not actually regulated as loans because they are cash advances against the future credit card receivables.
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