Monthly Archives: January 2021
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Florida Court Says Merchant Cash Advance Proceeds Not Subject to Usury Act | Bradley Arant Boult Cummings LLP
[co-author: Shelby Lomax] This month a Florida appeals court ruled that a merchant cash advance (MCA) purchase and sale contract was not a “disguised loan” and, ... -
CFPB Announces $ 2.175 Million Settlement With Installment Loan Company | Goodwin
On December 30, 2020, the Consumer Financial Protection Bureau (CFPB) announcement that he had entered a consent order with a lender who provided installment loans to ... -
Merchant cash advance calculator: find the true cost of an MCA
A merchant cash advance is not a small business loan; rather, it is a cash advance in exchange for reduced future sales for your business. Instead ... -
How does a credit card cash advance work?
How to get a cash advance by credit card Basically, a credit card cash advance is like taking out a small loan from your credit card ...
