Merchant cash advance terms
The MCA glossary explains the contract terms merchants see most often, including factor rate, purchased receivables, RTR, holdback percentage, ACH debit, payoff letter, renewal, reconciliation, and stacking.
Plain-English definitions for merchant cash advance terms such as factor rate, RTR, holdback, ACH debit, reconciliation, and stacking.
Open full pageThe MCA glossary explains the contract terms merchants see most often, including factor rate, purchased receivables, RTR, holdback percentage, ACH debit, payoff letter, renewal, reconciliation, and stacking.