Merchant cash advance can sometimes be helpful for a growing business, but their outrageously high-interest rates make them a serious liability. This is why the Merchant Cash Advance (MCA) debt relief is a very real need for many business owners. As a result, it can be the difference between shutting their doors or remaining in business.
When businesses are unable to secure the cash flow they need, they can easily fall behind on payments. As a result, they may resort to getting additional financing to keep up with the difficult terms of their current loan(s). A temporary fix adds the weight of more payments and more interest. It’s a vicious cycle that desperate business owners continue over and over, hoping to hold on until their business becomes profitable enough to pay off their loans.
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Stuck with several high-interest loans, they often find that they are falling further behind and unable to make the agreed payments. After defaulting on their merchant cash advances, many will encounter the aggressive and harassing collection techniques used within the industry. Unfortunately it only adds more stress to an already stressful situation.
Typically when a business owner will seek solutions to lower their debt. In situations like this, National Credit Partners is here to help. We have restructured millions in business debt, effectively helping businesses all around the country get back on track financially and become cash-flow positive again.
Provides a lifeline for over-extended business owners who are drowning in debt.