Facing a lawsuit from LG Funding, LLC?

If you took out a merchant cash advance with LG Funding, LLC, and are now being sued or threatened to be sued by them, then contact Tayne Law Group, P.C. to help you understand your rights. With over 20 years of experience handling the negotiation and resolution of the legal side of business debt, we have the tools needed to resolve your debt.

LG Funding, LLC provides funding to businesses through merchant cash advances. In many cases, businesses have trouble repaying MCAs because they come with very high-interest rates. If a business defaults on the loan, the creditor can sue for the debt owed. Additionally, if a judgment is reached, the creditor could even garnish your wages, seize your assets, or enter liens.

Your business has other options besides a merchant cash advance from LG Funding, LLC. For example, a short-term loan can often be an option for businesses that are struggling to qualify for a traditional bank loan. Your business may also consider a line of credit. Lines of credit generally have more favorable interest rates and allow you to borrow against the line as often as you need. If that’s not an option, consider resolving the debt you have now so you don’t have to borrow these kinds of business loans that feel like they only make matters worse.


If you’re being sued for debt on a merchant cash advance, don’t panic. Tayne Law Group is here to help you navigate the complicated legal process and to find a solution that works for you and the creditor. In many cases, Gene W. Rosen, Esq., at the Law Office of Alan J. Sasson, P.C. represents LG Funding, LLC. At Tayne Law Group, we always put your business first and prioritize your needs. Additionally, we can help your business resolve the debt and avoid bankruptcy without taking on any further debt. Help for your business is just one free phone call away.

FAQs about LG Funding, LLC

Q: What is LG Funding, LLC?

A: It is a company that offers working capital to businesses in the form of merchant cash advances.

 

Q: Why would a business take out a merchant cash advance?

A: Merchant cash advances are often quick and easy ways for businesses to receive financing. They are often easier to qualify for than traditional bank loans and therefore better suited to those with poor or no credit. Funds are also generally available within a few days, making merchant cash advances appealing to those looking for fast access to cash.

 

Q: How are merchant cash advances repaid?

A: Businesses often borrow merchant cash advances as short-term loans, with terms ranging from 3-12 months. The business repays the MCA on a daily, weekly, or monthly basis through a percentage of its sales. As a result, businesses may pay very high interest rates, with APRs sometimes reaching triple digits.

 

Q: Where is LG Funding, LLC located?

A: 1218 Union St Ste 2
Brooklyn, NY 11225-1512

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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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