In this video, I discuss the 'merchant cash advance' lending product that is available from several providers in both the USA and Canada.
The program works based on 'selling' a future stake in your credit and debit card transactions.
To learn more about private lending, personal finance, and earning money from local deal-making, buy my book; Invest Local.
If you have borrowed in this way, send me the details. I would love to do a follow-up video about the actual cost of the capital.
Showing posts with label debit cards. Show all posts
Showing posts with label debit cards. Show all posts
Monday, July 7, 2014
[VIDEO] Merchant Cash Advance- an option for small businesses that aren't 'bankable'
Labels:
borrowing,
cash flow,
credit cards,
david barnett,
debit cards,
financing,
lending,
merchant cash advance,
small business
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