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Does your business need to get a cash advance from the merchant?
Owner of a flower growing business A merchant cash advance (MCA) is an alternative form of financing for businesses that need cash quickly but lack credit and therefore lack access to conventional business loans. Even if credit rating and the collateral requirements for MCAs are much more flexible than other types of business loans, they …
How to get a cash advance with Capital One
A Capital One credit card cash advance is a way to get cash when you really need it – you basically borrow money from your line of credit and promise to pay it back later. While cash advances are rarely your best option due to their high fees and even higher interest rates, taking out …
Online loans defy fears of mass delinquency
Market loans – unsecured personal loans created online on platforms such as Lending Club, Sofi, Best Egg and Upstart – have challenged skeptics of the Covid-19 pandemic, with defaults increasing only moderately then even as unemployment has skyrocketed. According to a recent report by data provider dv01, bad loans in the market – those that …
Cash advance pioneer Yellowstone accused of deception by FTC
Calls, emails and text messages to the company’s executives and outside counsel were not immediately answered. The story continues under the ad Companies like Yellowstone, based in Jersey City, New Jersey, are using armies of phone salespeople to offer cash advances to plumbers, nail salons and other small businesses that can’t get bank loans. The …