Whether you’re ready to pursue a new opportunity or your business simply isn’t performing, there may be a time you decide to close up business for good. And if that’s the case, you might be wondering: “What happens to a merchant cash advance if my business closes?” Closing a Business About half of small businesses […]
Read Now
If you’ve taken out a merchant cash advance (MCA), you may already have an MCA UCC lien on your business credit reports. While this is typical for MCAs and other forms of business financing, it could impact your ability to get credit in the future. This is especially the case if the information in the […]
Read Now
It’s common for small businesses in need of extra cash to seek out merchant cash advances (MCAs). Unlike a traditional loans, merchant cash advance companies provide a lump-sum payment in exchange for a certain percentage of your future sales or revenue. The approval and funding process is very quick — sometimes just one or two […]
Read Now
Whether you’re just starting a business or have been running a successful company for years, there are times when you need working capital to fund business expenses. There are many borrowing options available to cover costs such as payroll, inventory, equipment, and more. One increasingly popular choice is a merchant cash advance (MCA). This form […]
Read Now
Shouldering a large amount of debt and struggling to keep up with payments is extremely stressful. And if you’re served papers in a debt collection lawsuit, it only adds insult to injury. You might feel like you’ve run out of options. You might be wondering: Can you settle a debt after being served? In short, […]
Read Now
Merchant cash advances, often called MCAs for short, can be a tempting offer for struggling small business owners. You don’t need excellent credit, and you can usually get funding fast. But they’re rarely a good idea for your business. If you’re wondering how to get out of a merchant cash advance, here are some steps […]
Read Now
If you need funding for your small business, there are many financing options. Depending on your situation, needs and goals, you may consider a merchant cash advance (MCA) or a bank loan. Before signing away for the funds, it’s important to note that the two options couldn’t be more different in many ways. Here are […]
Read Now
Credit cards can be helpful tools for managing your cash flow and earning rewards. However, it’s also easy to rack up a big balance. According to the Federal Reserve, credit cards have some of the highest interest rates; the average is 14.51%. Meaning the more credit card debt you accumulate, the harder it becomes to pay […]
Read Now
Missing a payment won’t impact your credit score, as long as you get caught up within 30 days. After that, though, the delinquency will likely be reported to the credit reporting agencies and can damage your credit. If you keep ignoring your payments, your credit account could get charged off as bad debt. At a […]
Read Now
If you’re in need of serious debt relief, you might be considering a debt settlement. This is one strategy that helps you get out of debt quickly — and potentially pay less than the total debt owed. So how does it work? And is debt settlement worth it? Here’s what you should know. Is Debt […]
Read NowWhile our staff and attorneys are based in New York, Tayne Law Group P.C. serves clients from across the country! Whether you prefer to talk on the phone, schedule a video call, or want to come into one of our New York locations, our staff and lawyers are here to answer any of your questions.
Your first consultation is always free.
Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.
Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.
You make one low monthly payment and will never get an unexpected bill.
We have more than 20+ years of experience providing clients with debt relief.
As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.
We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.
Sign up for monthly updates, articles, money advice, and timely topics to keep your finances on track.
Address
135 Pinelawn Rd Suite 250N, Melville, NY 11747
Email
info@taynelaw.com
Phone
(631) 470-8204
Call for a free consultation (866) 890-7337
Copyright 2022 Tayne Law Group, P.C.
Attorney advertising. Prior results do not guarantee a similar outcome. The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice or tax advice for any individual case or situation.
Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.
A Tayne Law team member will respond within
1 business day.
Call (866) 890-7337