What is a Merchant Cash Advance?
The merchant cash advance (MCA) is one type of financing that permits companies to sell a percentage of future sales for a cash payment immediately.
The merchant cash advance (MCA) is one type of financing that permits companies to sell a percentage of future sales for a cash payment immediately.
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Newera Funding is a provider of alternative funding & merchant cash advances for Canadian & American businesses. We have developed a proprietary system to evaluate risk and determine credit worthiness in a way that is not used by traditional funding sources such as banks.
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