Hello guys, I am new to this forum and I have a really serious question.
I am from Europe and I want to know if the Merchant Cash Advance Business has the same regulations as a bank or are they even called a bank, when you create a Merchant cash advance company?
What is the business name of companies like that? Because when you want to create a Bank you need 5 Million Euros to get a bank license but i dont think that these companies have that capital.
So are these Merchant cash advance companies addressed as banks or as what do they register at the government?
Sorry for my bad english.
Sincerely
Kold
I am from Europe and I want to know if the Merchant Cash Advance Business has the same regulations as a bank or are they even called a bank, when you create a Merchant cash advance company?
What is the business name of companies like that? Because when you want to create a Bank you need 5 Million Euros to get a bank license but i dont think that these companies have that capital.
So are these Merchant cash advance companies addressed as banks or as what do they register at the government?
Sorry for my bad english.
Sincerely
Kold
Aucun commentaire:
Enregistrer un commentaire