How UCC Liens and Lawsuits Are Shaping Merchant Funding Practices
THE GROWING TENSION AROUND SECURED LOANS AND SMALL BUSINESS FUNDING A New York-based small business recently discovered it was denied access to a traditional line of credit due to a lien it didn’t realize existed. This scenario is becoming common, especially with alternative lenders filing UCC liens to secure payments. The 24 Hour Capital UCC Lien has stirred legal and commercial...
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