Merchant cash advance definition

Merchant cash advance means a financing option that
Merchant cash advance means a payment to a borrower in
Merchant cash advance. Yes NOTES: None. This Affiliate Referral Agreement (“Agreement”) is made on (“Effective Date”) by and between BNG Holdings, Inc.(“BNG”), and Riverview IT Company corporation with its principal offices at 0000 Xxxxxxxxx Xx Xxxxx, Xxxxx Xxxxxx 00000 Xxxxxx Xxxxxx (“Affiliate”).

Examples of Merchant cash advance in a sentence

  • The company’s reportable segments include: (1) Merchant cash advance (“MCA”) program, (2) CIBC/TD program, (3) Aeroplan program and (4) Caesars program.

  • Unless otherwise specified, bulk magnet materials shall be furnished in the non heat-treated condition, as rolled, as forged, or as-cast condition as applicable.

  • Merchant cash advance note is another state tort is required documents are chosen by connecticut commercial future advance loan agreement shall be advertised or for.

  • Merchant Cash Advance Loan Example Example: Merchant cash advance lender agrees to “loan” you $50,000 at 1.30 factor rate with a 5% origination fee and takes 30% of credit card receivables.

  • Provision for Credit Losses Related to Merchant Cash Advances and Loans Merchant cash advance receivables and loans represent the aggregate amount of Shopify Capital related receivables owed by merchants as of the condensed consolidated balance sheet date, net of an allowance for uncollectible amounts.

  • Provision for Credit Losses Related to Merchant Cash Advances and Loans Merchant cash advance receivables and loans represent the aggregate amount of Shopify Capital related receivables owed by merchants as of the balance sheet date, net of an allowance for expected credit losses.


More Definitions of Merchant cash advance

Merchant cash advance means a financing option that allows an entity to sell a portion of its future sales in exchange for an immediate payment;

Related to Merchant cash advance

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • SOFR Advance means an Advance that bears interest at a rate based on Term SOFR.

  • ACH debit means the EFT payment option in which the payer initiates the transfer of funds by authorizing the depart- ment’s depository bank to transfer the payment amount from the payer’s account.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Merchant Establishment means any company, establishment, firm or person, wherever located and in whatever form (including the Internet), which is designated as a MasterCard/VISA merchant and/or with whom there is an arrangement for a Cardholder to obtain goods, services or cash advances by use of the Card or Card number and includes any establishment displaying the MASTERCARD/VISA symbol which appears on the face of the Card.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Equipment Advance has the meaning set forth in Section 2.1.2.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Subservicer Advance Any delinquent installment of principal and interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement.

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.