Argument in Outsourcing Merchant Cash Advances
For every argument for outsourcing merchant cash advances, there is another argument against it. For example, the Heritage Foundation argues that despite outsourcing more Americans are employed than ever before and that jobs continue to be created to compensate for those lost overseas. Anti-outsourcing advocates point out that gross wages are dropping because the jobs that are being created are low-level service sector jobs, not high-tech jobs to replace the ones that are being lost.Merchant cash advances help businesses access cash when they need it most.
The Heritage Foundation, citing the Organization for International Investment also argues that for every job outsourced, another is "insourced" to the United States from another country, often at a higher rate of pay than the job lost. Anti-outsourcing advocates say that those numbers can't be accurately verified.A merchant cash advance is a safe approach to accessing cash.
What is clear is that until the federal government conducts accurate research into the effects of Merchant Cash Advance outsourcing on the United States economy, there will be no definitive answer one way or the other.Merchant Cash Advance is mostly used by retail businesses that cannot get loans from regular banks.
Posted on: August 27, 2011 11:52 PM