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They will then be able to withdraw a certain amount of cash, up to their cash advance limit. Those with a high credit score and a strong financial history may be eligible for a lower interest rate, while those with a lower credit score or a less-than-stellar financial history may be charged a higher rate.

Finally, it is important for cardholders to be mindful of their cash advance limit, as going over this limit can result in additional fees and potentially damage their credit score. They can be a useful financial tool for small businesses, as they can provide a source of funds to cover operating costs or invest in growth.

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