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Almost every processor gives out loans to small businesses. Most small businesses struggle with cash flow, so these loans are with very high interest rate. 20
by segmondy 7y ago
Almost every processor gives out loans to small businesses. Most small businesses struggle with cash flow, so these loans are with very high interest rate. 20% etc. It's a very nice money making machine. Before they pay the merchant, they collect the interest and part of the payment from their daily transactions.