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Having trouble paying a business debt from Advantage Capital?

Business debt, like the loans offered from Advantage Capital, can be difficult to repay, especially when there are other bills that have to be paid too. Having this kind of business debt can make it difficult to keep your business afloat and can start to jam your cash flow. Tayne Law Group, P.C. can help you find a debt solution that makes sense. There is a way to resolve debt and pay bills without filing bankruptcy and taking on more debt.

Advantage Capital claims to offer non-traditional financing options to small businesses looking to grow, particularly in underserved communities. While these kinds of loans can seem to be helpful, high APRs and demanding payment schedules can make them difficult to repay. Quick-fix solutions can often lead to long-term problems and even more debt for your business.

Short-term business loans and small business lines of credit can be good options for businesses looking to avoid the kind of financing offered by Advantage Capital. Short-term loans can be a great alternative for businesses that are having trouble qualifying for other loans, but those loans may come with strings attached. These loans can offer a substantial amount of funding with a repayment term of about three years. Additionally, lines of credit offer revolving credit, meaning you can borrow against it as often you’d like and at a rate you can afford. However, if you can’t qualify and now have a lot of debt, it’s time to consider an alternative.

Money representing Advantage Capital

 

That’s where Tayne Law Group, P.C. comes in. With more than two decades of experience specifically in the debt arena, we can work with you to get your business back on track. We provide personalized attention with a law firm that has your back. We’ll find a solution that is best for your specific situation. And we’ll never ask you to go into more debt. We’re here to help, and the call is always free.

FAQs about Advantage Capital

Q: What is Advantage Capital?

A: The company claims to provide working capital to small businesses focused on growth in underserved communities. They work with businesses at the start-up and expansion stage and may offer to provide equity capital, which is cash to help fund the business’s growth. Additionally, they state that the capital they provide can be used for equipment purchases, expansion, ownership transition, or purchase of real estate.

 

Q: Why would a business owner work with Advantage Capital?

A: The company may offer funding options to small businesses that may be struggling to qualify for traditional loans making it easier to get cash fast.

 

Q: How are loans with Advantage Capital repaid?

A: Often, businesses must use a portion of sales to repay small business loans like those from Advantage Capital. This may be done on a daily, weekly or monthly basis. The frequency with which payments are made determines the loans APR. These loans may also include a confession of judgment against the business owners. This is a legal document that can be easily misunderstood and forced upon a business owner in order to get the cash or loans needed for their business.

 

Q: Where is Advantage Capital located?

A: St. Louis
7733 Forsyth Blvd. Suite 1400
St. Louis, MO 63105
Phone: (314) 725-0800

New Orleans
909 Poydras Street, Suite 2230
New Orleans, LA 70112
Phone: (504) 522-4850

 

Tayne Law Group, P.C., concentrating in resolving business debts, loans, credit cards and other financial issues, is only a phone call away.

You have nothing to lose and everything to gain in a free call today at 1-866-890-7337.

Call Us Now to Get Started

(866) 890-7337

What People Have to Say

I just wanted to thank your entire staff at The Law Offices of Leslie H. Tayne, for helping me get out of debt. If it wasn’t for your firm, I would have never been able to resolve my $13k worth of debt in less than 3 years. Your staff did a great job, I was finally able to buy myself a brand new car without using a cosigner. I can’t tell you again how happy I am. I would recommend your services to anyone.

L.C. Client 2007-2009

I sleep like a baby at night now because of the work that you and your office have done. Rest assured that I will refer anyone I know to your office with conditions that are similarly circumstanced.

R.S. Client 2012-2014

You have been very helpful at first directing me in the right direction when I had no clue how to go about handling everything, I really appreciated all your advice and help and hope we can work something out. Thanks again for all your help and kind words, and patience.

D.M. Client 2009-2012

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(866) 890-7337