Legal Insights
Expert analysis, legal guidance, and insights from the attorneys at Spodek Law Group. Stay informed about your rights.
The broker who arranged your merchant cash advance earned a commission when the deal closed. That commission, which can reach eleven percent of the advance...
Read ArticleThe factor rate on a merchant cash advance offer is the first number most business owners examine and the last one they understand. It sits...
Read ArticleThe funder who approved your merchant cash advance may not be the one holding the risk. In a syndicated deal, multiple investors pool capital to...
Read ArticleSeasonal businesses take merchant cash advances during their strongest quarter and repay them during their weakest. That asymmetry is not a flaw in the business...
Read ArticleCredibly has been in the alternative lending market long enough to accumulate a track record that extends beyond marketing copy. The company presents itself as...
Read ArticleSomeone filed a UCC-1 financing statement against your business without your authorization. The filing appears on your public record, visible to every lender, vendor, and...
Read ArticleThe first call to your customer is the one that changes everything. Before that call, the dispute between you and the MCA company is private,...
Read ArticleArizona does not regulate merchant cash advances. The state has no licensing requirement for MCA funders, no specific statutory framework governing the terms of commercial...
Read ArticleThe merchant cash advance agreement you signed was for the business. The personal guarantee you signed alongside it was not. That distinction, which most business...
Read ArticleEvery lawful mechanism for halting a merchant cash advance debit carries consequences. That is the first thing one must understand. The question is not whether...
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