Debt Relief Services Blog

How Can I Get Out of a Merchant Cash Advance?

Sep 14, 2021 2:29:55 PM / by E.J. Simonsen posted in Merchant Cash Advance, Bankruptcy

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Merchant cash advances (MCAs) are a financing option that many small businesses choose. Because MCAs can offer a great deal of capital in a short time, many small businesses use them to get through hard times. 

But, it's easy for a merchant cash advance to turn sour (it's what we call the Merchant Cash Advance Trap). 

In the event that your business has taken a merchant cash advance that you're unable to repay, know that you do have options. Here are 5 ways you can get out of a merchant cash advance that's dragging your business down.

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