News & Updates

Navigating the aggressive collection tactics and confusing contracts associated with MCAs is treacherous without expert guidance. Many business owners find themselves in a deeper financial hole after trying to negotiate on their own. This is where the expertise of a seasoned law firm becomes invaluable.  At Colonna Cohen Law, we believe in transparency and empowering…

Merchant Cash Advances (MCAs) provide quick funding for businesses but often come with aggressive repayment structures and high costs. When business owners struggle to meet repayment obligations, they may consider debt settlement as a solution. However, debt settlement in the context of MCAs is a highly questionable practice that can lead to serious financial and…

A Merchant Cash Advance (MCA) can be an attractive option for businesses in need of quick funding. However, one of the most common questions business owners ask is: How does a Merchant Cash Advance affect my credit score? Understanding the relationship between MCAs and credit scores is crucial before deciding whether this type of financing…

When your business is facing a merchant cash advance lawsuit, time is of the essence. These legal battles can put your company’s operations, business assets, and the business’s future income, and even its survival, at risk. At Colonna Cohen, we provide tailored litigation strategies to protect business owners like you from predatory financial tactics. Our litigation…

Merchant Cash Advances (MCAs) have become a widely used financial tool for small businesses in New York State. While these financing agreements provide quick access to capital, they also come with strict contractual obligations. When a breach of contract occurs—whether by the borrower or the MCA provider—significant legal and financial consequences can follow. Understanding the…

Merchant Cash Advances (MCAs) are a widely used financing tool, but regulations governing them vary significantly by state. Some states have enacted strict consumer protection laws, while others allow MCAs to operate with minimal oversight. Below is a summary of MCA regulations across the 50 states. States with Strong MCA Regulations States with Moderate MCA…