Common Contracts
3 similar Standard Merchant Cash Advance Agreement contracts
STANDARD MERCHANT CASH ADVANCE AGREEMENTStandard Merchant Cash Advance Agreement • January 12th, 2024 • Florida
STANDARD MERCHANT CASH ADVANCE AGREEMENTStandard Merchant Cash Advance Agreement • May 9th, 2023 • Florida
Purchase PriceThis is the amount being paid to Merchant(s) for the Receivables Purchased Amount (defined below). $ 400,000_._0_0___________ Receivables Purchased AmountThis is the amount of Receivables (defined in Section 1 below) being sold. $ 588,000_._0_0___________ Specified PercentageThis is the percentage of Receivables (defined below) to be delivered until the Receivables Purchased Amount is paid in full. 6 % Net Funds ProvidedThis is the net amount being paid to or on behalf of Merchant(s) after deduction of applicable fees listed in Section 2 below. $ 298,518_.3_7____________ Initial Estimated PaymentThis is only applicable if an Addendum for Estimated Payments is being signed. This is the initial amount of periodic payments collected from Merchant(s) as an approximation of no more than the Specified Percentage of the Receivables and is subject to reconciliation as set forth in Section 4 below. $ 7,500.00 _per __Day _
STANDARD MERCHANT CASH ADVANCE AGREEMENTStandard Merchant Cash Advance Agreement • May 6th, 2023 • Florida
