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Traditional business loan is from the bank and once you receive the money you need to start paying it back, in a set amount every month. Merchant cash advance you need to show that you've been in business for four months and have credit card receipts for at least $2,500 a month. You pay back the cash advance by using a percentage of your daily credit card sales until it is paid off.
A merchant cash advance is due, in full, by a certian date. A business loan is set up with a certian number of payments for a certain length of time.
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