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November 15, 2019

Merchant Cash Advances – they don’t add up!

November 15, 2019,
Unlike a loan, a Merchant Cash Advance is not assigned an annual percentage rate. Instead, you pay a factor rate. The factor rate is conveyed as a decimal point and it is the amount that you agree to repay to the advance provider. Although the fee can vary, it is usually between 1.3 and 1.7. The...
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American Finasco

A Commercial Debt Management company in Houston, Texas, American Finasco has served thousands of clients in all regions of the United States. The profile of American Finasco’s client is a closely held, under-capitalized corporation, with gross revenue between $500,000 and $100,000,000.

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