A Merchant Cash Advance is a type of funding where the Merchant Cash Provider purchases a fixed dollar amount of a business's future credit and debit card receivables. No regular fixed payments are required by the company. The lender collects a set percentage of the company's daily credit/debit card sales. The collection continues until the lender recovers what they advanced to the company along with their premium. Resources:

• What is a merchant cash advance?
• The Best Sources of Alternative Financing for Your Business
• What You Need to Know About Merchant Cash Advances