Merchant Cash Advance - A cash advance given to a business. The funds are collected back through the business merchant account as a percentage of credit card transactions each month. Advances have advantages of being unsecured and not having a flat minimum payment as does a small business loan.

Merchant Processor - The company that processes credit card payments for a business. Usually the company charges a small percentage of each transaction for its fees.

Mid Score - Also called a median score, it is the credit score that is the one in the middle of your 3 credit scores. The mid score is the one that is used to determine your eligibility for loans.

Mortgage - A debt which is secured by a property. The best credit building tool there is.