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Tackle All Your Debt with A Debt Relief Attorney

  Only a Consumer National Debt Relief Attorney Can Help You With Total & Lasting Debt Elimination! This applies to most forms of debt, including but not limited to Merchant Cash Advance Loans, Payday Loans, Hard Money Loans, IRS Tax Debt, Medical Bills, Credit Card Debt and in certain instances even Student Loan Debt. https://grantphillipslaw.com/tackle-all-your-debt-with-a-debt-relief-attorney/

New York Enacts APR Disclosure Laws

  The intent of S.B 5470 is to provide corporate and small business borrowers with more transparency surrounding their taking of credit, in order to allow for better, more informed decisions, a clearer understanding of how much is being borrowed and under what terms and to provide a corporate borrower with the ability to compare different offers of credit. https://grantphillipslaw.com/new-york-enacts-apr-disclosure-laws/

New York MCA Laws Updated

  Advance, to make certain disclosures in the contract paperwork, available for a small business borrower to make informed borrowing decisions. Examples of required disclosures include revealing the total cost of financing as well as presenting the small business borrower with a defined APR (Annual Percentage Rate). https://grantphillipslaw.com/new-york-mca-laws-updated/

Merchant Cash Advance 101 – Explained

  Beginning early 2010, after the Great Recession, when the American housing market blew up and the world fell into a financial crisis, conventional banking institutions, for example Chase Bank and Citi, were unwilling to extend credit to small businesses. https://grantphillipslaw.com/merchant-cash-advance-101-explained/

New York MCA Final Disclosure Laws

  This is significant development since New York’s Commercial Finance Disclosure Law (CFDL) went into effect August 1st, 2023 and in the law the CFDL has extended disclosure requirements ordinarily required for consumer lending to commercial financing instruments such as a merchant cash advance. https://grantphillipslaw.com/new-york-mca-final-disclosure-laws/

Is World Global a Predatory Lender? Legal Review of Merchant Cash Advance Practices

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 Determine whether World Global is a predatory lender and review warning signs, legal protections, and guidance available at Grant Phillips Law, PLLC. Is World Global a predatory lender?

Merchant Cash Advances: What Business Owners Often Overlook Until It’s Too Late

  The popularity of Merchant Cash Advances (MCAs) is also not sector specific. Predatory funders will finance anyone or anything that generates consistent revenue. Not net profit. Thus, you will find white collar professionals like doctors, dentists and even lawyers have fallen prey to a merchant cash advance. https://grantphillipslaw.com/merchant-cash-advances-what-business-owners-often-overlook-until-its-too-late/