When that happens sometimes traditional lenders such as banks are not an option and businesses need to reach out to merchant cash advance companies (MCAs). As MCAs grow in popularity, there is ...
Sooner or later, every company finds itself in need of extra funding—whether to cover short-term expenses, fuel growth, or overcome temporary financial hurdles. Fortunately, today’s business owners ...
A credit card cash advance can offer fast access to money using your own card, with no need to apply or get approved for anything. Taking an advance can be as easy as writing a check to yourself ...
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MyPillow CEO Mike Lindell sues a merchant cash advance firm over a ‘sham’ loan that had a 409% interest rateThe two firms gave MyPillow the $1.6 million loan under a merchant cash advance. A merchant cash advance is a specific type of convoluted financial agreement that lets the issuer bypass laws that ...
The latest lawsuit from MyPillow and CEO Mike Lindell is the third one against a merchant cash advance firm. (Glen Stubbe/The Minnesota Star Tribune) ...
On January 22, 2025, New York Attorney General (NYAG) Letitia James announced a judgment and settlement against cash advance provider Yellowstone Capital, its officers, and two dozen affiliates ...
4. Merchant Cash Advance If your credit scores is in the 525-550 range, a merchant cash advance (MCA) is an option. A n MCA lender provides a certain amount of capital to use for expenses.
Yellowstone Capital, a merchant cash advance provider, agreed to a $1 billion settlement over allegations of predatory lending practices.
If you’re thinking about refinancing merchant cash advance debt or acquiring or selling a business, now is a good time.
Mr. Advance LLC has received a 2025 Global Recognition Award for its transformative contributions to the merchant cash advance industry. This prestigious honor highlights the company’s ...
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