Quick Summary MCA borrowers often face two different liens at different stages of the debt. UCC liens are usually filed when you sign the MCA, and can cover all business assets. Judgment liens come later, but only after a lawsuit, and priority between liens affects what creditors can collect. What Is a UCC Lien and […]
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Quick Summary A merchant cash advance isn’t a bank loan. Instead, it’s a purchase of your future sales. That difference matters more than most business owners realize. An MCA can quickly drain your business’s cash flow through daily debits and fees that add up to effective interest rates in the triple digits. If you’re struggling […]
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Quick Summary If you’re considering taking out a merchant cash advance or already have one, it’s important to understand how they work. MCAs work differently from traditional bank loans in that they’re tied to your business sales and are often much more costly. Contract terms like personal guarantees and confessions of judgment create serious legal […]
Read NowWhile our staff and attorneys are based in New York, Tayne Law Group P.C. serves clients from across the country! Whether you prefer to talk on the phone, schedule a video call, or want to come into one of our New York locations, our staff and lawyers are here to answer any of your questions.
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Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.
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We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.
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Your initial phone consultation is free and requires no commitment!
A team member will respond within 1 business day. Your free consultation phone call may not be with an attorney and does not include legal advice. This is limited to the first call on a new matter.
Your initial phone consultation is free and requires no commitment!
A team member will respond within 1 business day. Your free consultation phone call may not be with an attorney and does not include legal advice. This is limited to the first call on a new matter.
A Tayne Law team member will respond within
1 business day.
Call (866) 890-7337