Bottom Feeders of Small Business Finance: Merchant Cash Advance "MCA"
“Before you diagnose yourself with depression or low self-esteem, first make sure you are not, in fact, surrounded by assholes.”
-–Sigmund Freud, Neurologist and Founder of Psychoanalysis
Bottom Feeders of Small Business Finance: Merchant Cash Advance “MCA”
(Begin my truthful rant based my experience helping clients, some of which who are unfortunately exposed to Merchant Cash Advance “MCA” financing for their businesses)
Merchant Cash Advance “MCA” companies are nothing short of predatory leeches, feeding off the desperation of struggling business owners.
These vultures dress up their shady practices with promises of “fast cash” and “easy approval,” but make no mistake—they’re here to gut your business and its finances, and leave you for dead.
Let’s get one thing straight: Merchant Cash Advance “MCA” are not loans—they’re legalized robbery.
Here’s their playbook: A Merchant Cash Advance “MCA” company throws you a quick lump sum in exchange for a percentage of your daily sales.
What they don’t tell you (or hide in fine print) is that the repayment terms are so outrageous, you’ll end up paying effective APRs of 100%, 200%, 300% or even higher!
This is financial sadism disguised as a “helping hand.”
(continue reading below)
WHAT IS THE BEST AND SAFEST WAY FOR YOUR BUSINESS TO DEAL WITH MERCHANT CASH ADVANCE “MCA” PAYMENTS WHEN YOU CAN’T KEEP UP?
It is NOT by stopping ACH payments.
It is NOT by taking on another “MCA” or additional business loan.
It is NOT a “reverse consolidation” (MCA-on-top-of-a-MCA)
It is NOT by entering into a debt settlement program.
Find out the BEST strategies to get your Business back to where it was
Find out how to SAFELY stop using Merchant Cash Advance “MCA” to fund your business
Get away from MCAs!
Setup a brief meeting below to speak with a business finance expert, and we will show you how!
[Merchant Cash Advance “MCA”: The Ultimate Scam Disguised as a Solution]
These “MCA” dirtbags lure you in with promises of “fast cash” and “easy approvals,” but what they’re really selling is a financial noose around your company’s neck.
Here’s their game:
They offer you a lump sum of cash, then chain you to repayment terms so obscene they should be illegal. Daily or weekly payments, hidden fees, and an effective APR that would make the Mafia jealous—this is the hellscape they trap you in.
And once you’re in? Good luck getting out.
(Thankfully we can help you navigate out of and away from these MCA debt death traps. You have more options than it seems!)
[Here’s why these MERCHANT CASH ADVANCE “MCA” predators are the absolute bottom of the barrel]
Sky-High Costs Designed to Screw You Over
Merchant Cash Advance “MCA” use something called a “factor rate” to hide how badly they’re ripping you off.
Its a fancy way of saying “you are going to pay us back 1.5+ times the money we gave you” and in 4 or 6-months!
Now that is crazy.
A business comes TO A LENDER and needs working capital, meaning that they are short on operating cash, and you are going to ask for 1.5+ TIMES or 150%+ more back in a 6-montH period?
How does this even make sense? Stop and think about that for a second.
They’ll say, “Oh, it’s just a 1.5 factor rate,” but what they won’t tell you is that it’s equivalent to an APR of 200%, 300%, or even higher.
They prey some people’s lack of knowledge financial jargon to lock you into paying back double or triple what you borrowed in just a few months.
It’s theft, plain and simple—except they’ve managed to make it somewhat legal.
Daily Payments That Choke Your Cash Flow
Unlike a traditional loan with monthly payments, these bloodsuckers drain your business revenue every single day or week.
Your sales dipped for a week? Too bad.
They’re still coming for their cut.
(But they are suppose to adjust if you request a reconciliation, which they won’t want to, even though its in THEIR CONTRACT…)
They don’t care if their relentless withdrawals leave your account empty and your bills unpaid.
All they care about is getting their money, no matter how much it destroys your business in the process.
The Debt Spiral You’ll (SEEMINGLY) Never Escape
Here’s the kicker: Merchant Cash Advance “MCA” are designed to FAIL.
Most businesses that take one out can’t handle the crushing repayment terms, so they’re forced to take out another and then another, just to stay afloat.
This creates an absolutely vicious business debt cycle where you’re constantly borrowing more to pay back what you owe. (Bernie Madoff in reverse anyone? Sound familiar?)
And every time you take out a new Merchant Cash Advance “MCA”, these vultures tighten the noose around your business cash flow and profits.
No Mercy, No Second Chances
Missed a payment? Too bad.
These jackals won’t hesitate to unleash their full arsenal of dirty tactics.
Lawsuits, bank account freezes, UCC lien enforced seizures of accounts receivable and merchant processing accounts (credit, debt and ACH), contacting your clients—you name it, they’ll do it.
They do this without regard for your business operations, or you or your employees lives and families that rely on your business for their livelihood.
They’ll rip your bank balance and business liquidity to shreds, and laugh while they do it.
Merchant Cash Advance “MCA” companies don’t care if your business goes under; in fact, they’re counting on it so they can grab your money before the ship goes down that they caused to sink.
Targeting Distressed & Vulnerable COmpanies
Most of the time, Merchant Cash Advance “MCA” companies specifically target businesses that are in financial or operational distress, and not far off from or near the brink of collapse—owners who are scrambling for cash and quickly running out of options.
They know you’re in a bad spot, and they use your vulnerability against you.
Got bad credit? No problem.
They’ll approve you anyway, because they know they can squeeze you even harder. They don’t just prey on the weakened businesses—they actively hunt for them.
[Merchant Cash ADvance “MCA” are Worse Than Loan Sharks. Yes, Really.]
At least loan sharks have the decency to be upfront about their extortion.
Merchant Cash Advance “MCA” companies hide behind polished websites and fake smiles, pretending to be your business financial funding savior.
They’re not—they’re wolves in sheep’s clothing, ready to rip your throat out the second you sign their contract.
They use complex terms and fine print to disguise their outright robbery, and they get away with it because the industry is shadowed and barely regulated.
[Why MCA Companies Are the Lowest of the Low IN SMALL BUSINESS FINANCE]
These aren’t financial institutions—they’re predators, plain and simple.
They don’t care about your business, your employees, or your future.
Their entire business model revolves around exploiting your desperation and draining your resources until there’s nothing left.
They are the absolute filth of the financial world, and the sooner you and your business transition away from them, the better!
(We can help you with this. You have many options. Let’s talk.)
[Avoid These Parasites at All Costs]
If you’re even thinking about taking out a Merchant Cash Advance “MCA”, stop right now!
If you have one or more outstanding right now, we can help you and your business!
These Merchant Cash Advance “MCA” companies are not a lifeline—they’re a death sentence.
There are always better options than throwing yourself into the jaws of these bloodthirsty sharks.
Talk to your bank, find a local credit union, sell equity, ask friends and family, use personal credit—anything is better than falling victim to a Merchant Cash Advance “MCA”.
Speak to one of our expert business finance & strategy advisors to hear all of your options for moving away from these weapons of business financing destruction.
Merchant Cash Advance “MCA” companies don’t save businesses—they destroy them, and they do it with glee.
If you care about your business and your sanity, stay as far away from these soulless predators as humanly possible.
They deserve nothing but scorn and a swift end to their disgusting, exploitative practices.
Let them rot where they belong—in the gutter.
Setup a consultation meeting with us so that we can help you navigate these troubled Merchant Cash Advance “MCA” waters that you may be wading into, or drowning in....
My truthful rant based on my experience with clients is now over… (for now!)
Stefan Bernarsky
BERNARSKY ADVISORS
Business Finance & Strategy Advice
www.bernarskyadvisors.com
WHAT IS THE BEST AND SAFEST WAY FOR YOUR BUSINESS TO DEAL WITH MERCHANT CASH ADVANCE “MCA” PAYMENTS WHEN YOU CAN’T KEEP UP?
It is NOT by stopping ACH payments.
It is NOT by taking on another “MCA” or additional business loan.
It is NOT a “reverse consolidation” (MCA-on-top-of-a-MCA)
It is NOT by entering into a debt settlement program.
Find out the BEST strategies to get your Business back to where it was
Find out how to SAFELY stop using Merchant Cash Advance “MCA” to fund your business
Get away from MCAs!
Setup a brief meeting below to speak with a business finance expert, and we will show you how!
Our readers also read this article “The Darkside of Merchant Cash Advance MCA”
Our readers also read this article: How to Find Relief and Rebuild a Financially Overburdened Business
Our readers also read this article: Getting Out of this Business Debt Mess - A Reality Check
WHAT IS THE BEST AND SAFEST WAY FOR YOUR BUSINESS TO DEAL WITH MERCHANT CASH ADVANCE “MCA” PAYMENTS WHEN YOU CAN’T KEEP UP?
It is NOT by stopping ACH payments.
It is NOT by taking on another “MCA” or additional business loan.
It is NOT a “reverse consolidation” (MCA-on-top-of-a-MCA)
It is NOT by entering into a debt settlement program.
Find out the BEST strategies to get your Business back to where it was
Find out how to SAFELY stop using Merchant Cash Advance “MCA” to fund your business