An Easy Financing Source Pushes Some Small Businesses Into Bankruptcy

The Wall Street Journal

Small businesses struggling to find funding have turned to alternative options such as merchant cash advances in recent years. Such deals have threatened the existence of some of these mom-and-pop operations according to the The Wall Street Journal.

Heidi Sorvino, Managing Partner, New York City Office, discusses the use of merchant cash advances and the problems they create for small businesses with The Wall Street Journal in their recent article entitled "An Easy Financing Source Pushes Some Small Businesses Into Bankruptcy."

You can read the full article here. (Subscription required)

This correspondence should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only and you are urged to consult a lawyer concerning your own situation and legal questions.


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