What Is MCA Reconciliation—and Can It Lower My Payments?
Some MCA agreements contain reconciliation provisions designed to account for changes in actual receivables. Here's what business owners should understand.
I Personally Guaranteed My MCA. Can the Funder Come After My House or Personal Bank Account?
A personal guarantee can create significant exposure, but it does not necessarily give an MCA funder immediate access to everything you own.
My MCA Funder Contacted My Customers. Can They Do That?
When an MCA funder contacts customers or attempts to redirect receivables, a financing dispute can quickly become an operating problem.
Can an MCA Company Freeze My Business Bank Account?
MCA funders may have significant contractual and collection rights, but an ACH withdrawal, account restraint and judgment enforcement are not the same thing.
Understanding UCC Liens and How They Affect Your Business
UCC filings are common in commercial financing, including many MCA transactions. Understanding what a filing does—and doesn't do—can help owners evaluate their exposure.
How to Read and Understand a Personal Guarantee
A personal guarantee can extend a business obligation to an owner personally. Understanding exactly what the guarantee says is more useful than simply knowing one exists.