MERCHANT CASH ADVANCE LEGAL BLOG


Merchant Cash Advance 101 – Explained

Beginning early 2010, after the Great Recession, when the American housing market blew up and the world fell into a financial crisis, conventional banking institutions, for example Chase Bank and Citi, were unwilling to extend credit to small businesses. As a direct...

NEW YORK MCA LAWS UPDATED

New York’s Commercial Financing Disclosure Law SB 5740UPDATED AND CLARIFIEDNEW REGULATION GOVERNING MERCHANT CASH ADVANCE POSITIONS IN THE STATE OF NEW YORKJune 2, 2021SB 5740 is New York State’s new law (commencing January 1st, 2021), requiring non-conventional...

NEW YORK ENACTS APR DISCLOSURE LAWS

NEW YORK PASSES MERCHANT CASH ADVANCE REGULATIONCOMMENCING – JANUARY 1st  2022“New York State Adopts Truth In Lending (TILA) – Like Disclosure Law for Business Loans, including Merchant Cash Advance and Purchase of Future Receivables.”The Birth of S.B 5470On...
Tackle All Your Debt with A Debt Relief Attorney

Tackle All Your Debt with A Debt Relief Attorney

Only a Consumer Debt Relief Attorney Can Help You With Total & Lasting Debt Elimination! This applies to most forms of debt, including but not limited to Merchant Cash Advance Loans, Payday Loans, Hard Money Loans, IRS Tax Debt, Medical Bills, Credit Card Debt and...