Comments on: The Pros and Cons of Business Cash Advance http://www.noobpreneur.com/2008/09/12/the-pros-and-cons-of-business-cash-advance/ Business Opportunities, Entrepreneur Resources and Tools, Business Reviews Sat, 11 Feb 2012 02:41:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Noobpreneur http://www.noobpreneur.com/2008/09/12/the-pros-and-cons-of-business-cash-advance/comment-page-1/#comment-1310 Noobpreneur Tue, 09 Dec 2008 13:27:30 +0000 http://www.noobpreneur.com/2008/09/12/the-pros-and-cons-of-business-cash-advance/#comment-1310 Hi Picky Boot, That's the part people hard to understand and blame lenders for their high interest rates, instead of borrowers for their lack of understanding on the nature of the loan. I symphatize for those who are getting deep into debt, but we have to be fair here - lenders take a lot of risk, and borrowers should know the risk involved - otherwise, stay away from cash advances. Hi Picky Boot,

That’s the part people hard to understand and blame lenders for their high interest rates, instead of borrowers for their lack of understanding on the nature of the loan.

I symphatize for those who are getting deep into debt, but we have to be fair here – lenders take a lot of risk, and borrowers should know the risk involved – otherwise, stay away from cash advances.

]]> By: Picky Boot http://www.noobpreneur.com/2008/09/12/the-pros-and-cons-of-business-cash-advance/comment-page-1/#comment-1308 Picky Boot Tue, 09 Dec 2008 02:57:12 +0000 http://www.noobpreneur.com/2008/09/12/the-pros-and-cons-of-business-cash-advance/#comment-1308 Good one Ivan. You have given both the pros and cons of the cash advance. Yes as you said, it is an alternative funding for small business. These cash advance has to be used for short term liquidity needs. The interest is high since the lenders take a risk of offering the cash without taking any identity proofs. Good one Ivan. You have given both the pros and cons of the cash advance. Yes as you said, it is an alternative funding for small business. These cash advance has to be used for short term liquidity needs. The interest is high since the lenders take a risk of offering the cash without taking any identity proofs.

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