UCC Lien vs. Judgment Lien: What MCA Borrowers Need to Know
Quick Summary MCA borrowers often face two different liens at different stages of the debt. UCC liens are usually filed when you sign the MCA, and can cover all business assets. Judgment liens come later, but only after a lawsuit, and priority between liens affects what creditors can collect. What Is a UCC Lien and […]
Credit Card Settlement vs. Bankruptcy: How to Choose the Right Debt Relief Option
If you’re overwhelmed with your credit card debt and you’ve exhausted your traditional repayment options, you may decide to consider either debt settlement or bankruptcy. Both of these debt relief options can alleviate some of the financial pressure your debt has caused and provide you with a fresh start to move forward. Debt settlement and […]
POS Financing: What Small Businesses Must Know Before You Borrow
When small business owners need fast access to capital, point-of-sale (POS) financing can seem like a no-brainer. With funds deposited in days and repayments tied directly to daily sales, this type of funding offers speed and simplicity that traditional loans often lack. However, while the convenience is appealing, POS financing can carry hidden costs and […]
