A UCC lien enforcement can be daunting for small business owners, with the risk of losing valuable assets and damaging their reputation. The Uniform Commercial Code (UCC) governs these liens, and understanding the rules is crucial to navigating the process. Thus,...
Facing a merchant cash advance (MCA) lawsuit can be devastating for business owners, causing significant emotional distress and disruption to their operations. The lawsuit can lead to feelings of anxiety, fear and uncertainty about the future of their business. As a...
A merchant cash advance is not a traditional small-business loan issued by a bank or other lender, which the business pays back in monthly installments plus interest. A business loan is typically secured by a major asset your business owns, such as its building....
Business owners who face financial challenges may turn to merchant cash advances (MCAs) to stay afloat. However, MCAs can come with significant risks, including the potential for a lender to enforce a UCC lien against the business. Are you a business owner dealing...
Business owners nationwide take out merchant cash advances (MCAs) because lenders offer quick access to capital. However, MCAs can come with extremely high interest rates and aggressive collection tactics. Although an MCA is not a traditional loan as it is a...
Business owners are no strangers to navigating financial challenges. These can involve merchant cash advances (MCAs) and Uniform Commercial Code (UCC) liens. UCC liens are governed by Article 9 of the UCC, which provides a framework for secured transactions such as...
The merchant cash advance (MCA) industry has grown significantly, with many small businesses turning to MCAs as a source of funding. However, small business owners who take out MCAs may find themselves struggling to repay the debt. If you are a small business owner...
The Uniform Commercial Code (UCC) lien notice is a powerful tool that lenders use to secure debts that a business owner owes them. When a business owner receives a UCC lien notice, they must take action to avoid its consequences. What can happen to a business if its...
Merchant cash advance (MCA) defense litigation can be a daunting process for small business owners. Thus, they must know their rights and options when facing a lawsuit. Expert witnesses can play a role in MCA defense litigation, but what exactly do they do? Also, how...
Restaurant owners can face challenges in managing their businesses, such as the enforcement of a UCC lien after defaulting on a merchant cash advance (MCA) payment. If a lender has taken legal action to enforce a UCC lien against their business, it could lead to the...