Frequently Asked Questions & Resources

Sort through our frequently asked questions to learn more about your debt and our debt relief program.
cartoon question mark with two women

Yellowstone Capital

Trapped by a merchant cash advance from Yellowstone Capital?

Merchant cash advances (MCAs), business loans and other quick-fix business cash funding options, like those offered by Yellowstone Capital, LLC, can trap businesses in a debt cycle where you can no longer meet your other obligations. You may feel as if you’re drowning as you try to manage repaying your debts along with your other business’s expenses. Tayne Law Group, P.C. has more than 20 years of experience helping businesses like yours resolve debt, avoid bankruptcy, and get a fresh start without putting you further into debt.

Yellowstone Capital, LLC, claims to offer financing options to small businesses that are struggling to find funding for inventory, daily expenses, business expansion, payroll and other business expenses. One option the company offers is a merchant cash advance (MCA). Merchant cash advances are basically business loans that often come with astronomical APRs. As a result, they can be nearly impossible for a business to repay. Additionally, they require you to give up control of your operating account by having daily or weekly funds withdrawn to pay down the advance.

The Federal Trade Commission filed a complaint against Yellowstone Capital in 2021 on “charges that it took money from businesses’ bank accounts without permission and deceived them about the amount of financing business owners would receive and other features of its financing products.” Yellowstone Capital will pay approximately $9.8 million to settle the case with the FTC. The case status is currently pending.

Business owners have other options aside from the loans and financing offered by Yellowstone Capital. For businesses that may not have good credit, short-term business loans are often easier to qualify for. Small business lines of credit, which are revolving and have much lower interest rates than merchant cash advances, can also be a good option if your business has the credit and time to apply. There are alternatives to consider that don’t put you further into debt, and instead help you resolve the debt you have.

Tayne Law Group, P.C. has proven strategies that can help your business resolve this debt. We are not a cookie-cutter debt settlement company. Additionally, we know debt, and understand exactly how to resolve it. You will need personalized attention to find the right solution for your business. Also, we will never ask you to go into more debt. Contact us today for a free consultation to help get your business back on track now.

FAQs about Yellowstone Capital, LLC

What is Yellowstone Capital, LLC?

The company claims to provide financing options to small businesses that are having difficulty qualifying for regular funding.

Why would a business owner work with Yellowstone Capital?

Merchant cash advances, like those offered by Yellowstone Capital, are often quick-fix options for businesses. The application and approval process is often quicker than that of a traditional bank loan. Merchant cash advances are also easier to be approved for. Additionally, they often come with high interest rates, challenging repayment schedules, and confessions of judgment. As a result, this confession of judgment can help the company bypass the legal system if you default.

How are loans with Yellowstone Capital repaid?

Merchant cash advances are repaid by taking a portion of the business’s sales on a daily, weekly, or monthly basis. As a result, APRs are generally very high. Thus, the business could end up with more debt problems.

Where is Yellowstone Capital located?

1 Evertrust Plaza
Jersey City, NJ 07302

left Back to FAQs

Ready to get started?

Your first consultation is always free.

Request A Free Consultation

Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.

Ask us anything

We know there are a million questions to ask, which is why we maintain a strict no-billing policy. As a client, you can ask us about credit cards, debt consolidation, your credit report, anything really, and we won’t send you an unexpected bill. Instead, you make one low monthly payment that fits your budget. By keeping it simple, you can have peace of mind and focus on paying down your debt.

Play Video

Why people choose Tayne Law

A debt relief law firm

Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.

No-billing
Policy

You make one low monthly payment and will never get an unexpected bill.

Experienced Debt Attorneys

We have more than 20-years of experience providing clients with debt relief.

Confidential & Trusted

As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.

Work with Creditors

We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

cartoon man with envelope

Money moves to help you stay on track

Sign up for monthly updates, articles, money advice, and timely topics to keep your finances on track.

Request a Free Consultation

Your initial phone consultation is free and requires no committment!
A team member will respond within 1 business day.

tayne icon on cartoon letter in enveloper

Message Sent!

A Tayne Law team member will respond within
1 business day.