Tayne Law Group

Category: Business Credit Score

  • What to Do if MCA Lender Files a UCC Lien Against You

    What to Do if MCA Lender Files a UCC Lien Against You

    If you’ve taken out a merchant cash advance (MCA), you may already have an MCA UCC lien on your business credit reports. While this is typical for MCAs and other forms of business financing, it could impact your ability to get credit in the future. This is especially the case if the information in the […]

  • Merchant Cash Advance vs. Bank Loan: 5 Key Differences

    Merchant Cash Advance vs. Bank Loan: 5 Key Differences

    If you need funding for your small business, there are a lot of ways to get it. Depending on your situation, needs and goals, you may be considering a merchant cash advance vs. bank loan. Before signing away for the funds, it’s important to note that the two options couldn’t be more different in many […]

  • What Happens if You Default on a Business Loan?

    What Happens if You Default on a Business Loan?

    Financing your business can be a daunting experience. Not only is it difficult to obtain financing, especially for new businesses, but it can also be stressful if things don’t go as planned and you struggle to repay what you owe. Small business loan default can occur if you go too long without making payments, and […]

  • How to Consolidate and Pay Off Small Business Debt

    How to Consolidate and Pay Off Small Business Debt

    Owning a business often comes with many ebbs and flows. Sometimes your cash flow hits a snag or unexpected expenses come up suddenly. These situations can leave you strapped for cash, which can make paying your bills difficult.

  • Your Post-Pandemic Finances: How to Prepare for Reopening

    Your Post-Pandemic Finances: How to Prepare for Reopening

    As businesses slowly begin to reopen across the country, it finally seems as though there may be a light – though still distantly – at the end of the tunnel. While we seem to still be a long way away from returning to “normal,” the start of businesses reopening signals at least a financial shift.