For many contractors, merchant cash advances can appear as an attractive financial option. Unfortunately, what looks like fast relief can trigger catastrophic collapse.

Merchant cash advances and working capital loans are financing tools for business owners who need fast cash. Learn how they ...

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 ...

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 ...

Uplyft Capital offers fast access to funds, but these MCAs may not be your most affordable financing option. NerdWallet's content is fact-checked for accuracy, timeliness, and relevance by humans. It ...

With its launch in 2007, OnDeck set out to become the alternative to merchant cash advances. That financing option, widely used by small-business owners looking for quick access to capital, is easier ...

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

MyPillow and CEO Mike Lindell are again suing a merchant cash advance company, accusing the lender of charging an illegally high interest rate. It’s the third such lawsuit the Minnesota-based company ...

New York's attorney general reached a $1 billion settlement with the merchant-cash advance company Yellowstone Capital, with half of that going to forgive small-business loans that the state claimed ...

MyPillow needed $600,000, and fast. So last month CEO Mike Lindell opted for a merchant cash advance — similar to a payday loan for businesses — and agreed to repay more than $16,000 per day for the ...