Merchant Blog

Blog Article: Loans 101: Is Collateral Required for a Merchant Advance? [VIDEO]


Aside from being the title of a positively amazing movie featuring Tom Cruise and Jamie Foxx released back in 2004, collateral refers to a pledge made by a borrower of specific property made in order to secure repayment of a loan and protect the lender against the risk of default.

In this edition of the Merchant Advance Capital “Loans 101” Video Series, our CEO David Gens explains why we do not require collateral in the fashion of traditional lending options – it makes your application process easier and allows us to consider a wider range of applicants.

Click below for the video! If you have any further questions about the Merchant Advance process, feel free to check out our FAQ online or give us a call at 1 (877) 370-8850.

 


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