SBA EIDL Default: Causes, Consequences, and Strategies to Resolve or Avoid Default
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Introduction to SBA EIDL Default Small Business Administration Economic Injury Disaster Loans (EIDLs) provide relief for small businesses, agricultural cooperatives, and private nonprofit organizations located in declared disaster zones. They are also available to businesses affected by the COVID-19 pandemic. Unfortunately, these loans also come with some risks. After all, they’re only available to small […]
What to Do When a Law Firm Calls You About Credit Card Debt
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Having credit card debt — or any kind of debt, for that matter — can create a significant emotional burden. And it only becomes more stressful when you start getting calls from a law firm about your debt. If a law firm calls you about your credit card debt, it’s important to understand your rights, […]
UCC Lien Enforcement: Key Insights For MCA Borrowers
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Running a business often requires quick access to capital, and merchant cash advances (MCAs) have become a popular solution for many business owners. But there’s an important aspect of MCAs that many business owners overlook: the UCC lien. You might have seen the term “UCC lien” buried in your financing agreement or heard it mentioned […]