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MCA UK

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MCA UK
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does MCA mean?

Merchant Cash Advances

Merchant's Cash Advance

Merchant Cash Advance

Merchant Credit Advances

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you do when customer says they don't have a card machine?

Thank them for their time and end the call

Ask why they are not using one and sell one

Ask if they accept online payments through Sagepay or Lloyds

Continue with the pre-qualifying process

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much are we able to offer customers?

150% of their monthly card turnover

more than 150% of their monthly card turnover

100-150% of their monthly card turnover

£10

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For payment terms, the merchant will take how much for every £10 goes through their machine?

£1.00

£2.50

£2.00

£1.50

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the customer asks for a website you provide

quokkasolutions.com

quokkasolutions.co.uk

refer them to the funding manager

we don't have a website

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The following information are needed to be verified in order for the customer to be transferred over except for one. Which of the following isn't needed?

Customer's Name

Business Name

Email Address

Using a card machine

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the correct format of the date when sending information in Skype?

02/18/2020

18/02/2020

18th of February 2020

February 18, 2020

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