- Merchant cash advance (MCA)
- Purchase of a portion of future receivables in exchange for upfront capital.
- Factor rate
- A multiplier (e.g. 1.3) applied to the advance amount to set total payback.
- Holdback / remittance
- The percentage of deposits or fixed payment remitted to the funder.
- Position
- The order of an advance relative to existing advances (1st, 2nd...).
- Stacking
- Taking more than one advance at the same time.
- Average daily balance
- The average end-of-day balance over a statement period.
- NSF
- Non-sufficient funds: a returned item due to low balance.
- Renewal
- A new advance offered after paying down an existing one.
- UCC filing
- A public lien notice a funder may file on business assets.
Business-funding brokerage, not a direct lender.
Read disclosure UrLendr connects business owners with independent funding providers. Funders make all approval decisions and set all terms. Approval is not guaranteed.