Removing UCC Liens After Repaying Merchant Cash Advances: Step-by-Step
Overview of UCC Liens and Merchant Cash Advances When a business takes out a merchant cash advance (MCA), the MCA company often secures the…
Overview of UCC Liens and Merchant Cash Advances When a business takes out a merchant cash advance (MCA), the MCA company often secures the advance by placing a UCC (Uniform Commercial Code) lien on the business’s assets. This gives them a secured interest in case the…