Have you entered into a contract with a confession of judgment with Mantis Financial?
Sometimes taking out additional loans for cash flow is the only option you have to keep your business running. As the merchant cash advance loan matures, and daily payments must be made from your main business account, those payments may become increasingly difficult to meet. Before entering a confession of judgment or defaulting on your loan, speak to the team at Tayne Law Group about how we can help your business get back on track.
Mantis Financial lends cash to any size business. They claim to help you preserve working capital by providing additional cash flow that can be used for equipment, expenses, payroll, etc. but the truth is, the loan made things worse. But it was costly and now your daily receivables are being eaten up by mandatory payments, and you can barely meet your other payment schedules.
Signing a loan with a confession of judgment is scary. And what will happen to you and your business if you default? Tayne Law Group works with businesses that have signed these agreements, cash advances, and inventory purchases successfully to renegotiate the terms and resolve the debt so you can focus on your business. Additionally, Tayne Law Group is experienced with Mantis Financial and other loan companies that are taking money from you every day to satisfy the debt. You have other options! Therefore, to find a path to loan repayment that will help you avoid any additional legal proceedings, call us today. The phone call is free and you need answers.
Who is Mantis Financial?
The BBB has not accredited Mantis Financial.
Mantis says they provide business funding solutions to merchants.
They are located at:
Mantis Financial, L.P.
300 Beardsley Lane
Building D, Suite 201
Austin, Texas, 78746
(512) 402-1650