Court Refuses To Enforce Merchant Cash Advance Agreement That Smacks Of Chicanery
Funder Files Appeal, Seeking To Avoid A Ruling Declaring Its Cash Advance Agreements To Be Usurious Loans And/Or Unenforceable Contracts
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Tag: usury
New York Attorney General Sues Suffern-Based Merchant Cash Advance Lender For Fraud
Network of Lenders, including Suffern-Based Cloudfund Are Accused Of Issuing Usurious Loans And Defrauding Borrowers And Courts
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Usurious Loans or Legitimate Merchant Cash Advances – Courts To Decide
Flood of Lawsuits In Rockland Filed By Merchant Cash Advance Funders
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Rockland County Courts Becoming Hub For “Usury” Cases Originating Beyond The State
Rockland and Orange Counties have become popular venues for these finance companies in short-term receivables contracts.
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Is It Usury Or Legitimate Funding? A Rockland Court Will Decide
Do these funders provide needed working capital to troubled companies in need of short-term cash? Or are they usurious lenders taking advantage of struggling business owners who have nowhere else to turn for financing?
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