Escape the MCA trap. While we do not recommend stiffing anyone who has lent you money, you do have strategies available to escape the MCA trap. You either exit the MCA or workaround the MCA. But first, know what you are getting into. Look for warning signs before you sign the MCA. Confessions of Judgment Read More

Who should NOT use them? It’s a rough way to start the day.  You are a restaurant owner and sales have been inconsistent lately. Your power bill is past due, and you must pay it today, or the utility will disconnect your electricity for nonpayment. Last night when you checked, you had sales transactions that Read More

Who should consider using them? Merchant Cash Advances (MCAs) have developed a bad reputation, but they can serve a purpose and provide quick capital in an emergency. They provide funding (often within 24-48 hours) and lenient approval based on revenue. That makes them accessible for businesses with poor credit or urgent cash needs.  However, they Read More

By James Chittenden If you are looking to buy an existing small or medium business, protect yourself by looking for red flags in small/medium business finances. If you are looking to sell a business, clean up your books and implement the controls we recommend below. Clean finances increase the value of a business. Sloppy books Read More