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Knowledge@Wharton discusses the advantages and disadvantages of merchant cash advances, also known as business cash advances, for small-business owners on OPEN Forum. Featuring quotes from Wharton School lecturer and former entrepreneur Lawrence Gelburd, the post claims that such advances can "ease the crunch, but are costly and can be risky." Read more here.
Sunday, June 21, 2009
What to Know about Merchant Cash Advances
Knowledge@Wharton discusses the advantages and disadvantages of merchant cash advances, also known as business cash advances, for small-business owners on OPEN Forum. Featuring quotes from Wharton School lecturer and former entrepreneur Lawrence Gelburd, the post claims that such advances can "ease the crunch, but are costly and can be risky." Read more here.
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