CounselorLibrary and deBanked bring to you Merchant Cash Advance (MCA) online training and certification at an introductory price of $99. This is currently the only MCA certification course in the industry.
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Robert Cook, Kate Fisher, and Cathy Brennan, partners of Hudson Cook, LLP, created this course to help Merchant Cash Advance companies understand and explain merchant cash transactions. Our goal is to help you with your day-to-day discussions with customers so that 1) customers understand how a merchant cash advance works, and 2) you know some of the dos and don'ts.
The course consists of four sections:
- Business vs. Consumer Transactions
- Purchase vs. Loan and Merchant Cash Advance vs. Loan
- The Different Types of MCA Transactions
- Common Events of Default
Each section contains a video of between 3-6 minutes long, followed by a quiz of 7-8 multiple choice and true/false questions. You may take the course at your own pace and take each quiz up to three times to achieve a passing grade.
Upon successful completion of the course, you will receive a Certificate of Completion, valid for two years from the date of issue.