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While that may sound very a loan to a hedge flows from existing and new.
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Mercury Bank Are Closing Accounts Worldwide (What To Do Next)DACA agreements allow lenders to maintain control over their funds even after depositing them into a startup's bank account. A deposit account control agreement (DACA) account is a specialized banking account used primarily in commercial lending and structured finance. DACA Account Bank means a Non-Wells Fargo Account Bank with which any Loan Party and Lender have entered into a Deposit Account Control Agreement.
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