About Fordham Capital Fordham Capital LLC is a Manhasset, New York–based business financing firm specialising in Merchant ...
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 ...
Two companies are trying to bring the decade-old merchant cash advance concept into new — and starkly different — markets. Swift Financial Corp. and Kabbage Inc. are taking the product, in which small ...
On January 5, the FTC announced that two defendants will be permanently banned from the merchant cash advance and debt collection industries, and required to pay $675,000 to resolve allegations that ...
DoorDash has recently gotten into the merchant cash advance business. Based on my cursory research, it appears to be the lone third-party delivery service breaking into this kind of financing business ...
Any independent sales organization contemplating a merchant cash-advance business should review the best-practice recommendations of the North American Merchant Advance Association, the group’s ...
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 ...
In an industry characterized by multibillion-dollar corporations, Christopher Cooley's dental equipment and supply distribution company, Parkway Dental Services LLC, swung above its weight. But that ...
The U.S. Federal Trade Commission this month took its most significant action yet to rein in fraud and abuse by merchant cash advance providers, who have snared businesses, including truck fleets, in ...
Mike Lindell, the MyPillow CEO and an avid supporter of President-elect Donald Trump, filed a lawsuit against two small financial services that gave his company a loan when it needed money urgently.