Can You Sell Your Business If You Have a Merchant Cash Advance?
Selling a business is rarely simple, but it becomes even more complicated when a merchant cash advance (MCA) is involved. Since MCAs don’t function like traditional loans, the way they affect a sale can be confusing for business owners trying to move on. It’s crucial that you understand how MCAs work, what obligations you have, […]
Merchant Cash Advances: How Many Is Too Many?
Merchant cash advances (MCAs) can provide quick capital for your business for anything from short-term expenses to long-term business growth if you can’t access traditional financing. But MCAs can quickly spiral out of control, especially if you’re stacking more than one at a time. If you’re considering using an MCA for your business, it’s important […]
Managing Credit Card Debt in High Inflation: A Step-by-Step Plan to Reduce Balances
Inflation has become a significant challenge for American consumers and businesses, driving up the cost of goods and services across the economy. From groceries and housing to basic needs like healthcare, rising prices are putting financial strain on consumers nationwide. The Federal Reserve has responded to inflation by raising interest rates, creating a ripple effect […]
