Has your business fallen on hard times? Have you taken out a variable-rate loan to help you through? While a variable-rate loan may seem like a viable solution, it’s important to understand that you’re at the mercy of changing interest rates. And as any Michigan bankruptcy attorney will tell you, an increase in interest rates […]

If you own a business, you’re likely bombarded with offers for merchant cash advances (MCAs). They’re largely easy to ignore, unless you’re having business cash flow issues. Then they might seem very appealing. After all, you get fast approval and funding, there’s minimal credit requirement, and no collateral is needed to secure short-term business funding. […]