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How To Get Out of Merchant Cash Advance Debt

For new businesses that do not have a credit history and access to traditional sources of funding, one alternative is a merchant cash advance. Given that MCA providers take a significant portion of a company‚Äôs daily profit to recoup the advance, businesses often face cash flow shortfalls and are unable to continue operating. If your […]

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couple receiving merchant cash advance

The Pros and Cons of Merchant Cash Advances

Small businesses often need quick access to working capital for purchasing new equipment, meeting payroll, or making repairs. For those that do not have access to traditional sources of funding, one attractive option is a merchant cash advance (MCA). This article is a brief discussion of the pros and cons of a merchant cash advance. […]

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business partners looking over merchant cash advances

In Focus: Beware of Merchant Cash Advances

While a merchant cash advance (MCA) gives a business quick access to working capital, there are a number of disadvantages. The cons of MCAs include: MCAs Are Not Regulated Outside of some disclosure requirements that have been enacted in California, MCAs are not governed by lending laws such as the Truth in Lending Act (TILA). […]

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