MCA Default: Should I get into a Payment Plan post-default?

With the dramatic surge in calls received related to troubled Merchant Cash Advance loans, it’s time to set the record straight on an issue that we frequently run into. We have written about this many times recently. Be sure to also read this article on the topic. 

Upon defaulting on your daily payments owed to MCA creditors, you will most certainly encounter the aggressive, harassing collection techniques employed by the industry. Rude text messages sent to ...

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How to Protect yourself during a Merchant Cash Advance Loan Default

Recently Second Wind Consultants has seen a large influx of business owners overburdened with merchant cash advance loans and other forms of high interest short term financing. Instead of one large monthly payment, these multiple, often daily, payments are strangling cash flow of an otherwise “stable” business. We have wrote other articles on the topic that have received much praise, hopefully this one helps you out too.

The most common profile is a small business that has obtained one ...

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