The Consumer Financial Protection Bureau’s adopting release for its small business data collection and reporting rule goes beyond that rule by including a discussion deeming merchant cash advances to ...

Merchant cash advances offer fast funding to SMBs with APRs up to 200%, easy approval with poor credit, but high costs and ...

A merchant cash advance forwards cash against future sales. MCAs have aggressive repayments that disrupt profitability until it’s repaid. Borrowing fees are high with rates of 50 percent to 100 ...

The best MCA companies are transparent about their products and how they work. However, consider other types of funding before turning to a merchant cash advance. NerdWallet's content is fact-checked ...

MCAs often contain onerous (and potentially illegal or unenforceable) provisions that end up causing more trouble than they are worth. Following is some general guidance based on our experience ...

As MCA companies go, Forward Financing ranks among a shortlist of trustworthy ones worth consideration — if you truly can’t get any other type of business financing. NerdWallet's content is ...

For many contractors, merchant cash advances can appear as an attractive financial option. Unfortunately, what looks like ...

Many small businesses hungry for capital during economic downturns turn to merchant cash advance operators who lend money based on future earnings, and during the pandemic many entrepreneurs got ...

Separate gun bills passed by the Georgia House of Representatives Tuesday would provide a tax credit to pay for gun safety training and gun safes, while another would prohibit financial institutions ...

In today’s rapidly shifting economic landscape, traditional financing methods don’t always meet the needs of small and medium-sized businesses (SMBs). With traditional banks having stricter ...

Jenn spent the last decade empowering people to make informed personal finance decisions. As a freelance writer and public speaker, she's committed to helping people achieve their goals. She is ...

Learn about online lenders offering no-credit-check business loans.