Based in Los Angeles, Shoreside Capital offers a Merchant Cash Advance of up to $500,000 to qualifying businesses. The funds can be used for any purpose, such as:
With a Merchant Cash Advance, Shoreside Capital purchases a specified amount of your future credit card receivables in exchange for an up-front cash advance. The receipts are collected over time via a previously agreed upon percentage of your credit card receivables; the time period is typically seven to twelve months. Your payments to us vary with your credit card receivables, which reduces your risk of having to make high payments when business slows down.
April 12, 2015
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