A type of business financing where a company receives a lump sum of cash in exchange for a percentage of its future credit or debit card sales. Unlike a traditional bank loan, an MCA is not technically a loan but a sale of future receivables
A type of business financing where a company receives a lump sum of cash in exchange for a percentage of its future credit or debit card sales. Unlike a traditional bank loan, an MCA is not technically a loan but a sale of future receivables