Sag Harbor Management purchases future credit card and deposit receivables (“Collateral”) from qualified merchants (“Merchants”) throughout the country. The purchase of a merchant’s future credit card and deposit receivables is known as a merchant cash advance (“MCA” or “Advance”). These Advances represent short-term capital infusions for small businesses like restaurants, retail stores, auto repair shops, etc. The amount of an Advance is based on how much credit card or gross sales volume a Merchant processes monthly. This product exists as an alternative to conventional bank lines of credit, which can be cumbersome and involve a lengthy process to obtain, while an Advance typically can be funded in a matter of days.