© 2017 Solution Loans. All Rights Reserved. Warning: Why a Cash Trap Must be Avoided at All Costs. For an owner, youll never feel quite as hopeless or helpless as when your business is caught in a cash trap. Whats truly frightening is that many owners dont know what a cash trap is and more importantly what to do if theyre stuck. So what is a cash trap. You can search through the Internet, and find a myriad of interpretations and definitions. Most are likely to either put you to sleep or make your head spin, especially the ones in terms of investing, such as this one on Investopedia.
Is licensed by the Virginia State Corporation Commission, PL- 115. Cash advance funding requires verification of application information. Depending on ability to verify this information, cash advance funding may be extended up to two days.
All cash advances subject to approval pursuant to standard underwriting criteria. In-store cash pickup is subject to approval pursuant to standard underwriting criteria. In-store cash pickup not available in all states. Our credit decision on your application may be based in whole or in part on information obtained from a national database including, but not limited to, TransUnion, Equifax, LexisNexis or FactorTrust, Inc.
Cash Advance. What is a 'Cash Advance' A cash advance is a short-term loan from a bank or alternative lender. The term also refers to a service provided by many credit card issuers allowing cardholders to withdraw a certain amount of cash.
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