While these services may seem appealing, they come with inherent risks that business owners should carefully consider. Initially, it is important to address “What is a merchant cash advance?” ...
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MyPillow CEO Mike Lindell sues a merchant cash advance firm over a ‘sham’ loan that had a 409% interest rateMike Lindell, the MyPillow CEO and an avid supporter of President-elect Donald Trump, filed a lawsuit against two small financial services ... loan under a merchant cash advance.
On January 22, 2025, New York Attorney General (NYAG) Letitia James announced a judgment and settlement against cash advance provider Yellowstone Capital, its officers, and two dozen affiliates ...
New York Attorney General Letitia James announced a $1 billion settlement with a now defunct cash advance firm and its ...
Lightspeed Capital accelerated the growth of its principal issued for its merchant cash advance program, the company shared ...
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