Reclaim control of your cash flow and your business with MCA Relief Lawyers

Grantphillipslaw26 Jul, 2022Other

All businesses should strive to keep their working capital positive. Businesses, on the other hand, are frequently confronted with cash flow problems. One of the variables to blame in these instances is often ?exotic? short term hard money loans. Most often these loans charge usurious interest rates but the lenders ?get away? with charging usury by claiming they purchased a portion of the businesses future receivables for a discounted lump sum. This little nuance has meant that small businesses across America have been forced to pay millions upon millions of dollars in interest that far exceeds usury. The lenders call this transaction a Merchant Cash Advance or an MCA.