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The
merchant
cash
advance
program
uses
a
type
of
financing
called
receivables
factoring.
This
allows
business
owners
to
sell
their
future
receivables,
at
a
discount,
for
a
lump
sum
deposited
into
their
business
account.
This
capital
can
be
used
for
equipment
purchases,
renovations,
expansion
and
more.
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