If you are approved for a merchant cash advance, the lender will put a holdback percentage on your future credit card sales. Sometimes, lenders will request a 10% holdback fee which means at the end of the day if you had $500 in credit card sales, $50 would go to paying back the loan and your business would take the remaining $450 as usual. There will be a daily holdback taken until the loan is paid off.
Usually, for unsecured cash advances the lender will pull a very small, pre-agreed upon amount from your bank account. Because the amount is so small and takes place daily, you will barely notice it. Our business lenders want to make sure you continue to prosper and will work with you regarding a flexible repayment structure that fits your needs.