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Sep 28, 2017 - 34 minute read

What does syndication mean in merchant cash advance

The site said that was an annual percentage rate of more than 1,300 percent. I did not agree to take the loan. But within minutes, my phone rang (I had entered my real phone number).

It was a guy from Tremont Lending, in South Dakota. I told him I was a reporter, that I didn't really want a loan, and I figured that would be the end of it. But then, I started to get more calls.

What does syndication mean in merchant cash advance

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What does syndication mean in merchant cash advance

Sometimes you can get paid as fast as one day after you submit your application for a loan or even the same day, although the timing varies depending on your lender. The popularity of smaller loans for bad credit is on the rise, and many people are opting for these loans as a means of fulfilling their short-term needs. For you to secure these loans you should meet the following requirements: Own a checking account Be above 18 years Have a minimum of 1,000 monthly income after taxes.

These are applicable to payday, installment and personal loans. Convenient for Urgent Financial Needs. Payday and installment loans are loans with a near instant decision time, you quickly know if youre approved or not.

What does syndication mean in merchant cash advance
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