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 can usually get funding fast. But they’re rarely a good idea for your business. MCAs can be an extremely expensive financing option, with some charging triple-digit interest rates. If your business […]
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If you’ve been struggling with debt from a merchant cash advance, you might wonder: “Should I hire a merchant cash advance attorney?” Merchant cash advances are becoming an increasingly popular form of business financing, particularly for small businesses. Unlike traditional bank loans, merchant cash advance lenders don’t require good credit or a lengthy application process. […]
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A merchant cash advance (MCA) is a financing solution for small businesses, but it comes with plenty of risks. Unlike other types of business loans, your loan is based on your future business revenue, and your lender automatically takes a portion of that revenue as payment. On top of the existing risks of MCAs, they […]
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Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.
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