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07-24-2020, 10:07 AM #6
- Join Date
- Dec 2016
- Posts
- 379
How is this supposed to apply to merchant cash advances when there is no fixed term length that can be used to calculate APR? As soon as the merchant bounces 1 payment or requests a day off, the entire calculation changes. Especially when you start thinking about Split/Lockbox deals where the term length is completely dependent on how much the merchant is batching...
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