MCA Loans Pose Hidden Risks to Small Businesses, Funding Pros Say

Woman holding onto a stack of money placed on a mouse trap

Unclear terms and obfuscated rates in merchant cash advances can leave small-business owners paying up to 4,000 percent interest and trapped in debt spirals, Charter Capital cautions. HOUSTON, May 17, 2021 – Leading factoring company Charter Capital is issuing a warning to small-business owners about the dangers of…

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