PayPal, widely known as a worldwide online payments system that serves as an electronic alternative to traditional methods such as checks and money orders, also provides funding to small businesses through its PayPal Business Loan and PayPal Working Capital divisions. PayPal Business Loans are available to businesses that are located in the United States and have been…
What is Merchant Cash Advance? A merchant cash advance(MCA) provides alternative financing to a traditional small-business loan. With an MCA, a company gives you an upfront sum of cash that you repay using a percentage of your debit and credit card sales, plus a fee. MCA isn’t a loan. The provider is purchasing your future…
What Is Business Debt Restructuring? Business debt restructuring is the reorganization of overdue accounts so the business’s creditors can be paid without having to shut down the business or file for bankruptcy. When a company has more debt than it has income, it can find itself in a very stressful situation. Bankruptcy may be considered…
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…
What is Bankruptcy? Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order. What is a Bankruptcy Court Proceeding? During a bankruptcy court proceeding, a judge and court…
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