Merchant Cash Advances: How Many Is Too Many?
Quick Answer How many MCAs is too many? More than one is a warning sign. Three or more is a crisis. Each additional MCA compounds daily payment obligations. By the…
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How to Use a Merchant Cash Advance Responsibly
Quick Answer Can you use an MCA responsibly? Yes, but it requires discipline: only take an MCA for revenue-generating opportunities, never use it to cover operating shortfalls, calculate the true…
Merchant Cash Advance vs Bank Loan: Which Is Right for Your Business?
Quick Answer Should I get an MCA or a bank loan? A bank loan is almost always cheaper. SBA loans: 6–13% APR. Bank lines of credit: 7–15% APR. MCAs: 40–350%…
Top 3 Reasons to Keep an MCA Attorney on Retainer, Even If You’re Not in Default
Quick Answer Why keep an MCA attorney on retainer? 1) Contract review before signing new MCAs, 2) Proactive reconciliation assertions during revenue drops, 3) Immediate response capability if a funder…
Scammed by an MCA Broker? Steps to Take to Protect Your Business
Quick Answer What should I do if an MCA broker scammed me? Document everything, report to your state AG and the FTC, consult an attorney about fraud and misrepresentation claims,…
What a UCC Filing Is and How It Affects Your Personal Credit
Quick Answer Do UCC filings affect personal credit? UCC liens are filed against your business, not you personally — so they do not appear on personal credit reports (Equifax, Experian,…
Merchant Cash Advance Settlement Companies: What to Watch Out For
Quick Answer What should I watch out for with MCA settlement companies? Red flags: upfront fees, no attorney involvement, guaranteed settlement percentages, aggressive sales tactics, no plan for litigation, and…
Should You Hire a Merchant Cash Advance (MCA) Attorney?
Quick Answer When should you hire an MCA attorney? Hire an MCA attorney if: you have $50K+ in MCA debt, you have been served with a lawsuit or COJ, your…
MCA Debt Settlement Explained: What You Need to Know and How to Get Help
Quick Answer How does MCA debt settlement work? MCA settlement involves negotiating a lump-sum payoff below the outstanding balance — typically 30–60 cents on the dollar with proper legal leverage.…
How to Prepare for a Conversation With a Merchant Cash Advance Debt Attorney
Quick Answer How should I prepare to talk to an MCA attorney? Gather: all MCA agreements, bank statements showing daily withdrawals, any correspondence from funders, UCC filings, personal guarantee documents,…