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Considerably more expensive than a bank loan (Calderon’s markup was 20 percent), merchant cash advances don’t have a fixed repayment date. They’re also fast–within 48 hours of applying, Calderon had.
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Lowest mortgage rates in a month barely boost weekly applications, up 0.4% Weekly applications. up hiring in the months ahead. Employers, meanwhile, added 288,000 jobs in June, the fifth straight month of job gains above 200,000. That’s the first such stretch since 1999.