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Sean Murray: What does the
purchase amount mean in a

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merchant cash advance contract?

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The purchase amount in a
merchant cash advance contract

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is the amount that the funder is
buying from the merchant. So if

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they're giving the merchant say
$10,000, that's the purchase

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price, but they got to get
something in return. And the

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purchase amount is the amount of
future receivables that they're

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buying from the merchant. That's
how much they expect to get