Merchant Cash Advance: What Is It? | LendingTree
https://www.lendingtree.com/business/merchant-cash-advance/
WebNov 14, 2022 · This means that the merchant cash advance company will multiply the amount of the advance by the factor rate — usually between 1.2 and 1.5 — to determine how much interest is owed. For example, if you borrow $10,000 and the factor rate is 1.5, you will owe $15,000, including principal and interest.
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