Building a Business
Why Do Merchant Cash Advances Cost So Much?
Here are four legitimate factors as to why this emerging financing tool is so pricey.
David Rubin is CEO of eProdigy, a financial-technology-holding company that works with funders, ISOs and syndicates serving the alternative lending industry. His articles appear frequently in industry publications.
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More From David Rubin
Building a Business
Getting a Merchant Cash Advance Is Easy But Repayment Can Be Onerous
The short-term financing is sensible for investments that will generate more revenue but a serious burden if cash flow remains flat.
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