Comments on: In your opinion, do you think it\’s worth it for a new business to take out a cash advance and pay via. http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/ A Weblog about My Cash Pay Advance Thu, 09 Feb 2012 03:25:28 +0000 http://wordpress.org/?v=abc By: kapn http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/#comment-6733 kapn Wed, 20 Aug 2008 08:39:57 +0000 http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/#comment-6733 Nope.......you should have at least one year of operating expenses before opening a business........... Nope…….you should have at least one year of operating expenses before opening a business………..

]]> By: bobby m http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/#comment-6732 bobby m Mon, 18 Aug 2008 11:49:32 +0000 http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/#comment-6732 Not really, unless there is going to be a solid return from however the cash advance is used. Cash advances from credit cards have higher interest rates and payments on the card usually pay off all the regular charges before the cash advances so the credit card company gets to keep charging the higher interest rate. It doesn't really matter where the payment comes from income is income. However, since retailers pay a portion of each transaction to the credit card company, the actual net profit is less on card transactions vs cash. If there is a need for cash, a short term loan is often a better option than a cash advance from a card. Not really, unless there is going to be a solid return from however the cash advance is used. Cash advances from credit cards have higher interest rates and payments on the card usually pay off all the regular charges before the cash advances so the credit card company gets to keep charging the higher interest rate.

It doesn’t really matter where the payment comes from income is income. However, since retailers pay a portion of each transaction to the credit card company, the actual net profit is less on card transactions vs cash.

If there is a need for cash, a short term loan is often a better option than a cash advance from a card.

]]> By: sizzles1024 http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/#comment-6731 sizzles1024 Fri, 15 Aug 2008 18:30:31 +0000 http://www.cashpayadvance.org/cash-pay/cash-pay-advance/in-your-opinion-do-you-think-its-worth-it-for-a-new-business-to-take-out-a-cash-advance-and-pay-via/#comment-6731 I would recommend trying to get a bank loan before using a cash advance. Cash advances typically come with higher interest rates over the time it get repaid. If you're up against the rails and that's the only option to get employees paid or pay suppliers, then I would say go for it -- but be very careful. I would recommend trying to get a bank loan before using a cash advance. Cash advances typically come with higher interest rates over the time it get repaid. If you’re up against the rails and that’s the only option to get employees paid or pay suppliers, then I would say go for it — but be very careful.

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