Legal Complexities of UCC Liens and Lawsuits in Merchant Funding
INCREASING CONCERNS OVER MERCHANT LENDING PRACTICES A small retail business recently discovered that it couldn’t obtain a line of credit due to a previously unknown lien filed by an alternative lender. This situation is not uncommon and highlights the growing scrutiny surrounding the 24/7 Capital UCC Lien, which has become symbolic of broader lending practices in the merchant cash...
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