Selling merchant cash advances

All legitimate lenders and banks will evaluate your credit history. Verify that the lender you are considering is registered in your state. Do not send any money to a lender that asks you to make a payment upfront before you've received your loan funds.

Legitimate lenders will not ask you to do that. If you're using a loan broker, always verify the bank or institution. Do your research. Physical locations, P.

Selling merchant cash advances

If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction.

You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are selling merchant cash advances acceptable to you. The purpose of shorter duration loans is to provide the borrower temporary financial relief.

Such loans are not a long-term financial solution. Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice.

Selling merchant cash advances

Murray says his company - not unlike eTaxLoan - is really a marketing firm. "We are a matching service, just like an Expedia is for a travel company or a Hotels. com is for a hotel company," Murray says. But instead of matching travelers with hotels, Murray matches those who need selling merchant cash advances - and can't get it elsewhere - with those willing to lend.

For that, he might get anywhere from 1 to 100 per lead. Murray draws a big distinction between his company and others in the business. He says he's completely aboveboard and works only with partners he trusts. "We have a pretty limited network of lenders, and we know what each of our lenders is looking for," he says.

Selling merchant cash advances