Sentences with phrase «holdback percentage»

An agreement is made between the small business and the MCA provider regarding the advance amount, payback amount, and holdback percentage.

An agreement is made between the small business and the MCA provider regarding the advance amount, payback amount, and holdback percentage.

The holdback percentage (somewhere between 10 percent and 20 percent is typical) is usually fixed until the advance is completely repaid.

Not exact matches

NOTE: There's a difference between the holdback amount a small business pays every day (as a percentage of their receivables) and the repayment amount for the entire advance.

Holdback: Within the context of a Merchant Cash Advance, the holdback is the percentage of the daily credit and debit card receipts that are withheld every day by the provider to pay back the Holdback: Within the context of a Merchant Cash Advance, the holdback is the percentage of the daily credit and debit card receipts that are withheld every day by the provider to pay back the holdback is the percentage of the daily credit and debit card receipts that are withheld every day by the provider to pay back the advance.

The percentage of this holdback is determined annually by our Board of Directors.