How to Restructure Merchant Cash Advance Debt

merchant cash advance restructure

A merchant cash advance might seem like an easy way to get fast financing for your business. But if you aren’t careful, it could turn into a headache. Or worse. If it’s becoming too difficult to keep up with MCA payments on top of all your other bills, a merchant cash advance restructure might be […]

Do Business Loans Affect Your Personal Credit?

do business loans affect personal credit

As a business owner, it’s often necessary to borrow money to fund your company and cover major expenses. But do business loans affect personal credit? And if so, how can you ensure that a business loan doesn’t impact your personal credit score negatively? Read on to find out. Do Business Loans Affect Personal Credit? Your […]

How a UCC Attorney Can Help Your Business

ucc attorney

If you took out a merchant cash advance (MCA) or other form of business financing, you might have a UCC lien on your business credit reports. UCC liens are common. However, they can present some challenges for your business, especially when it comes to borrowing money in the future. A UCC lien can also cause […]

What Happens with a Merchant Cash Advance Breach of Contract Lawsuit?

merchant cash advance breach of contract

As with a small business loan, a merchant cash advance (MCA) involves a contract between you and your provider. If you stop making your payments, it could result in a merchant cash advance breach of contract, and the MCA lender could sue you. Dealing with merchant cash advance legal issues can be a pain for […]

Is a Merchant Cash Advance a Loan?

is a merchant cash advance a loan

Although both merchant cash advances and traditional business loans involve receiving and repaying a sum of money, they are not the same thing.  How Does a Business Loan Work? Business loans are a form of financing for qualified businesses. They’re provided by banks, credit unions, and other approved lenders. Companies use business loans to pay […]

How to Remove a Charge off from your Credit Report

black couple smiling, looking at paper documents

Making all of your payments on time is important, but mistakes can happen. If you have one or two missed payments on a loan or credit card, your lender will likely charge you a late penalty and your credit score can take a hit. However, if you have several late payments and fail to pay […]

Are Merchant Cash Advances Regulated?

merchant cash advance regulation

It’s common for a small business owner in need of cash to turn to a merchant cash advance (MCA). This form of alternative financing is designed to help startups, small companies, and other businesses come up with extra funds when cash flow is tight and needed fast. They’re also attractive to business owners with poor […]

Can You Actually Get Credit Card Debt Forgiveness? Here’s How

credit card debt forgiveness

Dealing with credit card debt can be crippling. And if you’re looking for relief, you may be wondering if credit card debt forgiveness is possible for you. Credit card debt forgiveness can be a possibility in certain situations. Understanding when the option is available and how to achieve it can help you break free from […]

How to Win a Debt Collection Lawsuit

how to win a debt collection lawsuit

Dealing with phone calls and mailings from debt collection agencies can be a stressful and frustrating experience. But once they file a lawsuit, you may fear the potential repercussions. If you’re wondering how to win a debt collection lawsuit against you, here are six steps you can take. 1. Respond to the Lawsuit One of […]

How Does a Merchant Cash Advance Impact Your Credit Score?

If you’re a small business owner, you may have come across one financing option known as a merchant cash advance (MCA). One of the reasons an MCA can be attractive is the fact that you can qualify for one even if your personal or business credit isn’t in great shape. However, you might wonder if […]