Glossary of Business Cash Advance Terms
Bank Loan - Money lent for a specified period of time at a specific interest rate. Collateral is often necessary to receive money.
Business Cash Advances - Cash provided to businesses in exchange for a portion of future credit card sales.
Business Funding/Business Funds - Financial help provided by institutions, organizations and banks to start or run a business operation.
Cash Advance Program - Process by which cash is given to businesses in exchange for an agreed percentage of future credit card sales.
Credit Card Factoring - Provides business cash based on future sales.
Merchant Cash Advances - Cash given up-front to business owners in exchange for a portion of future credit card sales.
Minority Business Loan - Money provided to minority-owned businesses to start or run a business.
Small Business - A business that is independently owned and operated, is not dominant in it's field or operation, and employs less than 100 people.
Small Business Cash Advances - Cash provided to small businesses in exchange for portion of future credit cards sales.
Small Business Cash Advance Programs - A program used by small businesses to obtain cash up-front in exchange for an agreed percentage of future credit card receivables.
Small Business Funding/Small Business Funds - Financial help provided by institutions, organizations and banks to start or run a small business operation.
Small Business Loan - A loan taken by a business person for running or starting a small-sized business.
Unsecured Business Cash Advances - Cash provided to a business up-front in exchange for future credit card sales with no collateral required.
Unsecured Business Loans - A loan that is issued and supported only by the borrower's creditworthiness, rather than by some sort of collateral.