Quick Answer What are alternatives to merchant cash advances? Better options: SBA loans (6–13% APR), business lines of credit (7–15%), invoice factoring (1–5% per invoice), equipment financing (6–16%), business credit…
Quick Answer What should I look for in an MCA contract? Critical terms to review: factor rate, total purchased amount, daily payment amount, reconciliation clause, confession of judgment clause, personal…
Quick Answer How do you restructure MCA debt? MCA restructuring involves negotiating modified payment terms — reduced daily amounts, extended timelines, or lump-sum settlement. Options: direct negotiation with funder, reconciliation…
Quick Answer When do I need a UCC attorney? A UCC attorney can: negotiate lien releases as part of settlement, file UCC-3 termination statements, challenge improperly filed liens, advise on…
Quick Answer Is an MCA legally a loan? Legally, no — MCAs are classified as commercial purchase agreements. Practically, many MCAs function exactly like high-interest loans with fixed daily payments.…
Quick Answer What is the difference between a UCC lien and a judgment lien? A UCC lien is a voluntary security interest you granted at signing — it covers business…
Quick Answer What is MCA reverse consolidation? Reverse consolidation is a new MCA product that claims to combine multiple MCA balances into one payment. In practice, it often adds another…
Quick Answer What should I do about a UCC lien from my MCA funder? A UCC lien filed at MCA signing is standard procedure — not an emergency. It becomes…
Quick Answer Are MCAs legal? Yes, MCAs are legal in all 50 states. They operate in a regulatory gap — classified as commercial transactions rather than loans. However, specific MCA…
Quick Answer Should I use AI for my MCA legal case? No. AI tools can help you understand concepts, but they cannot file court documents, appear at hearings, negotiate with…