?>&evkey=101218012)
A curated hub for small-business owners facing unsupportable debt—practical guides to non-bankruptcy debt resolution that preserve core business value and jobs while aligning outcomes for owners and creditors. Expect explainers on reorganizational fundamentals, resolving personal guaranties, and tactical moves across SBA loan workouts, MCA exposure, tax and lease obligations, and vendor/landlord negotiations—showing paths to either a turnaround or an orderly exit.
1 Your merchant cash advance (MCA) ISN’T a loan. And your lender isn’t a bank. MCA loans are predatory. They are systematically designed to parasite off your business until it dies. So, while they may claim to offer the solution, we believe they are the real problem. These products are specifically designed to bleed small…
Analyzing cash flow—annually, quarterly or even monthly—reveals performance patterns and helps business leaders make timely, profitable decisions. In uncertain times, cash flow management becomes even more critical. Fortunately, every business already holds a kind of crystal ball for predicting its financial future: the cash flow pro forma. Just as rainwater sustains a farmer’s crops, cash…
By revitalizing the antiquated Confession of Judgment, lenders supplying capital without collateral requirements have found a way to protect themselves from loss. And when it comes to signing one, what you don’t know can hurt you. If you have ever obtained a business loan or Merchant Cash Advance (MCA), chances are good you signed a Confession of…
Your cash flow can be frozen immediately when an aggressive creditor serves your clients or customers with a demand letter pursuant to the Uniform Commercial Code (UCC) Article 9 Section 406 (“9-406 Notice”). Said creditor can assert in the 9-406 Notice that your receivables, your cash, is their rightful property, and insist that all funds be redirected…
Understanding Factor Rates for MCA Debt vs. Interest Rates and APRs One of the biggest points of confusion for a business owner seeking working capital is understanding how much their cash advance is actually going to cost them. If you have applied for a home mortgage, auto loan, credit card, commercial property or business loan,…
If your business is experiencing a cash flow crunch and you’re unable to qualify for a traditional bank loan, an MCA can seem like a very attractive solution. Here’s what you need to know. All sorts of unforeseen circumstances can lead a business owner to need fast access to cash. Perhaps a large order comes in…
Business bankruptcy is a dangerous illusion. Contrary to popular belief, it often doesn’t protect the business or the individual’s personal assets. Far too many companies fall victim to this misconception—with devastating results. Compounded by the pervasive false narrative regarding “fresh starts” and “second chances,” people are led to the destruction of their own livelihoods and…
With no formal announcement, the SBA has taken a threatening new stance that could affect anyone with an SBA loan. Warning Bulletin: PRIORITY ALERT Issued 03.20.2018 In the last 30 days, we have identified a dangerous policy shift confronting guarantors in SBA default. With no formal announcement, the SBA has taken a threatening new stance…
Speak with a specialist who can evaluate your situation and reveal strategies to help your business.
Speak with a specialist who can evaluate your situation and reveal strategies to help your business.
"*" indicates required fields