cash advance

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ThesaurusAntonymsRelated WordsSynonymsLegend: advance - an amount paid before it is earnedcash advance - an amount paid before it is earned  
amount, amount of money, sum, sum of money - a quantity of money; "he borrowed a large sum"; "the amount he had in cash was insufficient"
References in periodicals archive ?
A traditional business cash advance is solely based on the future projected receivables of a business and is unsecured, meaning there is limited recourse if an advance is not satisfied by a borrower.
Alternative financing such as merchant cash advance has stepped in to address these underserved businesses.
14, 2013 /PRNewswire/ -- United Kapital, the leading provider of Merchant Cash Advance solutions for small and medium sized business enterprises in the United Kingdom (UK), today announced a new [pounds sterling]30 million credit line, which will allow the company to provide even more capital to small and medium-sized business enterprises (SME) nationwide through its Merchant Cash Advance programme.
Prior to the economic downturn, there were only about 10 firms in the United States providing business cash advance services, and today the industry has grown to more than 40 firms nationwide.
Landmark Cash Access Solutions, a US-based company offering cash access solution to the gaming industry, has announced release of its cash advance software for Credit and Debit Card, All-in-One ATM and Kiosks.
Many business owners and financial advisors are very familiar with the regular sale of financial assets, including mortgages, automobile contracts and accounts receivable, among others; a business cash advance is just another example of such a sales transaction.
The taxpayer executed an interest-bearing promissory note providing for the repayment of the cash advance in annual installments.
Each contract also provided Westpac a cash advance and a repayment obligation on a pro rata basis if the partnership failed to purchase the quantity specified.
To obtain a cash advance, the company estimates the value of a plaintiff's case.
However, a common complaint about many merchant cash advance providers is not only the high rates they charge, but the complete lack of transparency in pricing and terms.
A typical $1,000 cash advance would cost an additional $69 even if it's paid in full within 30 days ($50 for the typical 5% fee plus $19 in interest).
UK business cash advance market predicted to reach[pounds]200m