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Trouble paying off your merchant cash advance from Everest Business Funding?

Merchant cash advances, like those from Everest Business Funding, can lead to trouble for businesses. These loans are often temporary solutions that can cause long-term debt problems. Tayne Law Group P.C. has more than two decades of experience helping businesses get out of debt and avoid bankruptcy. Our team of strategists can work with you to help you pay the debt, avoid bankruptcy, and get your cash flow back on track.

Merchant cash advances like those from Everest Business Funding

Everest Business Funding claims to provide merchant cash advances to small businesses looking for alternatives to traditional business loans. Merchant cash advances are short-term loans that generally come with very high APRs. As a result, businesses may struggle to keep up with payments while managing other expenses. Businesses often take out MCAs because of the ease and convenience but may end up in default or trapped in a debt cycle.

Falling into this trap with Everest Business Funding isn’t your only option if your business needs financing. Short-term loans can be helpful for businesses struggling to qualify for traditional loans. Lenders are typically more lenient because repayment terms are generally only around three years. Additionally, lines of credit work similar to a credit card. Revolving credit allows your business to borrow what and when you need at a more favorable interest rate. Therefore, consider alternatives that reduce your debt, improve your cash flow, and don’t keep you up at night.

Tayne Law Group will put your business’s specific needs at the forefront of our strategy. We’ll work with you to find an agreement that makes sense for your business, your budget and the creditor. Additionally, we’ll never ask you to go deeper into debt. Therefore, get started on the path to a better financial future for your business by calling Tayne Law Group today. The call is always free! 1-866-890-7337

FAQs about Everest Business Funding

Q: What is Everest Business Funding?

A: Everest Business Funding claims to provide working capital to small businesses through merchant cash advances from $5,000-$1 million. The capital can be used for payroll, renovation expenses, opening new locations, equipment purchases, etc. The company claims to work with businesses in industries such as healthcare, food service, trade, seasonal business, and retail.

 

Q: Why would a business work with Everest Business Funding?

A: The company claims to have flexible funding options and an easy application, with an approval decision and access to funds in 24 hours. As a result, the ease, speed, and convenience may be tempting to business owners in need of fast cash.

 

Q: How are merchant cash advances repaid?

A: A business repays a merchant cash advance by guaranteeing a portion of the business’s sales to the creditor on a daily, weekly or monthly basis. Therefore, based on the loan term and the business’s success, APRs on merchant cash advances can reach triple digits.

 

Q: Where is Everest Business Funding located?

A: 8200 NW 52nd Ter.
2nd Floor
Doral, FL 33166

5 West 37th Street
Suite 1100
New York, New York 10018

Tayne Law Group, P.C. is a leader in the business of resolving business debt!

Call us for a free consultation today.

You have nothing to lose and so much to gain: 1-866-890-7337.

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(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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