Business Debt Law Group

Merchant cash advance loans (MCA) have indeed resolved the problems in commercial sectors what traditional loans weren’t able to do. If an adverse condition is posing a threat on your businesses financial security then obtaining merchant cash advance loans appears to be a good option. However, these loans have a troublesome side. Although MCA loans are easy to obtain despite poor credit scores, you can quickly fall into a vicious cycle of unending loans; getting one to pay the next because you can’t afford it. The interest on MCA loans is highly usurious unlike traditional loans because it is technically considered an advance, not a loan. The more you delay in repayment, the higher the interest continues to accumulate. If you are finding it difficult to pay and have defaulted on the loan, you may have had a  business debt and merchant cash advance lawsuits  filed against you. You now need legal counsel. The merchant cash advance lawyers are the legal professionals who have years of

No matter what kind of business you are running, all it requires is good funding to grow in all areas of your business. To work on new projects and have seamless operations growing, good funding is important for your success. It’s everything that keeps the company pushing forward. But there are certain circumstances in which your company may have fallen short of money and you may not be able to qualify for traditional funding. If you have a poor credit score, you would not be able to get a traditional loan easily. In times like this you may reach out to non-traditional funding and get a merchant cash advance loan. This is a loan based solely on your future receivables. It is a much easier loan to qualify for, but comes with very nasty terms. Many times these loans are over 100% interest, have exorbitant fees and debit daily from your account. You may not be ready for any of this. These loans do not fall within any state or federal usury laws because they are not consid