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08-20-2014, 10:01 AM #1
- Join Date
- Aug 2014
- Posts
- 194
Does a Daily ACH make it a loan?
Question posed to me is with a set daily ACH amount it could be viewed as a loan and not a MCA.
I always thought that regardless of collection via split funding or daily ACH it is still a MCA and NOT a loan.
Any input here would be appreciated
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