Pros And Cons Of Payday Loans: What You Need To Know
May 19, 2023
What Is A Payday Loan? A payday loan, also known as a cash advance or paycheck advance, is a short-term, high-interest loan typically intended to be repaid by the borrower’s next paycheck. These loans are usually small in amount, ranging from a few hundred dollars to a couple of thousand dollars, and are designed to…
How to Get Out of a Merchant Cash Advance Loan
March 21, 2023
The Cons Of Merchant Cash Advance Loans Before getting started, let’s have a look at why Merchant Cash Advance Loans should be avoided, if at all possible. Merchant cash advance loans, also known as MCAs, are a type of financing in which a lender advances a lump sum of cash to a business in exchange…
Merchant Cash Advance Default: What Should You Do?
March 20, 2023
Merchant cash advances can prove tempting to small business owners who are in need of fast cash, especially for those businesses that earn much of their money through credit card transactions. If you are a business owner who has found themselves with too much debt from merchant cash advances, it is a normal response to…
BUSINESS TAXES: WHAT IS AN IRS LIEN?
March 6, 2023
If you have received a notification of a federal tax lien against your business, it is a serious matter and it shouldn’t be taken lightly. Many businesses have faced this problem, so thankfully you are not alone and there are solutions readily available. The most important thing you can do as a first step is…
Commercial Debt Management: What Business Owners Should Know
February 22, 2023
Running a business is not an easy task. Business owners have their hands full at all times. They have to keep their products competitive, stay on top of today’s financial market and keep the bills paid. Needless to say, the responsibility of keeping a business afloat is overwhelming. Many times a business owner runs into…