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Understanding Financial Terms

When you start shopping for a home loan, it might be easy to assume that all lenders are the same. After all, they all have mortgage brokers, paperwork, and impressive offices. However, when you really start exploring the details, you might discover that lenders all have something different to offer. On my blog, you will learn more about financial terminology, so that you can determine what you are getting into when you sign the terms of an agreement. This information is presented in an easy to understand, friendly way, so that you aren't bombarded by terminology and industry jargon that you don't understand.

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Understanding Financial Terms

2019

Getting a Loan Through Your Merchant Services or Credit Card Processing Service

If you need more cash at hand, you may want to consider turning to your merchant services account rather than to your bank. Many credit card processing companies offer something known as a "merchant cash advance." These merchant cash advances can have some benefits over traditional loans. What Is a Merchant Cash Advance? In a merchant cash advance, your credit card processor essentially gives you a portion of your future sales right away.