One of the most powerful facets of small business is its ability to turn on a dime—to make changes in an hour, a day, or a week—adjusting in response to changing circumstances and trends. It may take large corporations months or even years to evaluate a situation, create new strategies and implement change, but small…
If you’ve taken out a business loan or a Merchant Cash Advance (MCA), you may have unknowingly signed a Confession of Judgment (COJ)—a legally binding clause that can give lenders the power to seize your assets without warning. While New York banned COJs for out-of-state borrowers in 2019 due to widespread abuse, they remain legal…
Merchant cash advances (MCAs) have become a popular financing option for businesses that, due to a variety of reasons, don’t qualify for a traditional bank loan. Because they don’t require collateral, an MCA can seem like an enticing option to acquire cash quickly. But as with anything that seems too good to be true, business…
Business owners often encounter the term “personal guarantee” when seeking business loans. But what does it actually mean, and how does it differ from collateral? Understanding these terms and how they can affect you is crucial for any business seeking funding. Even more importantly, knowing what steps to take if insolvency strikes can help you…
When it comes to financing your business, you may have heard of merchant cash advances (MCAs) as a quick and convenient option for obtaining capital. While MCAs are easy to qualify for and offer immediate access to funds, it’s essential to understand the true cost associated with them. One of the most common pitfalls for…
In an article first published in the Q4 2023 Deals of the Year Issue of the abfjournal, Robert Dinozzi, Chief Growth Officer at parent company, Second Wind Consultants, outlines a transformative approach for owners of overleveraged businesses seeking a viable exit strategy. Dinozzi argues against traditional sale/exit methods, which often fall short of providing successful…
Aaron Todrin, President of our sister company, Second Wind Consultants, explains the basics and the pitfalls of MCA loans. Rise Alliance represents Second Wind Consultants’ debt settlement and personal guarantee resolution arm, creating solutions that benefit you, your business, and even your creditors. If you are facing unsupportable business debt, schedule your free consultation with…
For business owners, maintaining a healthy cash flow is vital to the success and longevity of their enterprise. One financing option that has become increasingly popular in recent years is the Merchant Cash Advance (MCA). While it can offer a quick source of capital for businesses, an MCA comes with disadvantages that business owners need…
Every business begins with high hopes for long-term sustainability and success. However, not every business owner is prepared to navigate the inevitable financial challenges that are part of the journey. When unforeseen challenges arise, many proprietors find themselves grappling with mounting debt that requires strategic intervention. Debt restructuring can be a vital tool in these…
Imagine trying to juggle five balls at once while walking across a tightrope. Feel the tension? That’s what managing small business debt can feel like: a precarious balancing act of paying off multiple debts, keeping the business running and achieving growth. But here’s the good news: consolidating your small business debt isn’t quite as death-defying…
Realistic debt settlement and personal guaranty resolution that’s in the best interest of you, your business and even your creditors. Because if your business succeeds, all parties win.
