Your small business is not located in New York and you don't deal with any customers, vendors or employees there. In fact, you might never have set foot in New York before. But if you run into problems with your merchant cash advance (MCA), you could find yourself...
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...
Navigating the world of finance and business can be complex, especially when it comes to understanding legal terms and procedures. One such term that often comes up in the context of loans and collateral is a UCC lien. This guide aims to demystify UCC liens by...
In the complex world of business transactions, understanding the legal protections available to you is crucial. This is especially true when it comes to the Uniform Commercial Code (UCC) lien, a tool that creditors can use to secure repayment of debts. If you think...
As small and medium-sized businesses continue to tread the financial landscape, Merchant Cash Advances (MCAs) have emerged as a popular financing option. However, disputes between businesses and MCA providers can and do arise. If you are a New York business owner in...