Blog — Page 5

If you’ve been served with an MCA lawsuit, you’re probably reading this from your phone, sitting in your car, trying to figure out what just happened. Take a breath. You…

You just got served. Maybe a process server showed up at your office, maybe your registered agent forwarded the summons, maybe you found out because your bank called and said…

You just got served. Maybe a process server showed up at your office, maybe your registered agent forwarded the summons, maybe you found out because your bank called and said…

You opened your mail, or your email, and there it is. A demand letter from your MCA funder, or their attorney. The letter says you’re in default, the full balance…

If you signed a personal guarantee on your merchant cash advance, and you’re now thinking about defaulting — stop. Read this first. Short answer: A personal guarantee strips away the…

If you signed a personal guarantee on a merchant cash advance, and you’re behind on payments, this is the article you need to read before you do anything else. Short…

If you’ve been sued by an MCA funder, or you think you’re about to be, there’s a phrase you need to understand before anything else happens: prejudgment remedy. Most business…

When you took the MCA, you signed away your receivables. You probably didn’t read that part. Most people don’t. The receivables are the collateral, and the moment you default, the…

When an MCA funder wires you the money, they’ve already filed a UCC-1 against everything your business owns. Most business owners don’t find out until the funder is using it…

Our objective in this post is to walk you through the single most dangerous clause buried in your merchant cash advance contract: the confession of judgment, or COJ. If you…