Predatory merchant cash advances (MCAs) wreak havoc on New York's small businesses. It often feels like these companies must be breaking the law, pushing entrepreneurs to the brink with sky-high fees and relentless repayment terms. If you're a small business owner in...
Running a business in New York is a high-risk, high-reward project. Some risks, like taking out a Merchant Cash Advance (MCA), can seem like one worth taking. It is a particularly appealing option if your business does not have a great credit history or qualify for...
Understanding and managing a Uniform Commercial Code (UCC) lien can be challenging, especially for small business owners. A UCC lien is a legal assertion that a lender files against a borrower's assets. Therefore, a UCC lien can significantly impact a business’s...
A merchant cash advance (MCA) can be a lifeline for a small business needing quick access to capital. However, when repayment becomes challenging, the consequences can be severe. If you are a business owner facing collection tactics, how can you face the situation of...
A UCC lien can be an effective way for lenders to secure loans by covering specific assets as collateral. Still, it can become a double-edged sword, considering how it can put debtors in challenging situations when the amount they borrowed is still insufficient for...
Restaurant owners in New York City, it's time to wake up to a serious threat looming over your businesses. For years now, DoorDash has been a mixed blessing for restaurants. While their third-party delivery business helped keep many restaurants afloat during the...