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06-30-2014, 09:38 AM #31
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Ami also conveniently doesn't show that a 5 year loan at 8% APR still comes out to a 1.22 factor in the end, which is just slightly better than an MCA for a top tier merchant over 6 to 9 months. True cost of funds is still about the same. And the MCA requires minimal documentation, no collateral or personal guaranty and the merchant can be funded in 72 hours. Plus he doesn't have to carry long term debt on his books. All things being considered, the MCA is the better bet as long as the merchant's cash flow can support it.
Last edited by MCNetwork; 06-30-2014 at 09:42 AM.
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