This page last reviewed May 13, 2015
Most merchants are familiar with business loans and credit lines, but there is another way of receiving financial assistance through cash advances. A cash advance basically is an alternative to a business loan. It will provide a business owner a cash advance based on future credit card sales. The money is advanced to the business owner by purchasing an agreed amount of future credit card receivables. It is repaid with a small, fixed percentage of owners daily credit card transactions until the advance is satisfied.