How is a Merchant Cash Advance repaid?
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Topic: Merchant Cash Advance Default
Last updated:
Primary source: https://secondwindconsultants.com/resource/what-happens-if-you-default-on-a-merchant-cash-advance
Quick Info
The reconciliation clause allows for the repayment amount to be renegotiated if the business's monthly revenue decreases.
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This page provides short, extractable answers for the topic above.
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- Questions on this page: 1
- Official source: https://secondwindconsultants.com/resource/what-happens-if-you-default-on-a-merchant-cash-advance
Key points
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What is the reconciliation clause in a merchant cash advance?
The reconciliation clause allows for the repayment amount to be renegotiated if the business's monthly revenue decreases.
Sources
Machine metadata
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- date_modified:
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