News & Views
BNPC Attorneys Explain Merchant Cash Advances
Barbara Barron and Stephen Sather co-authored Why MCA? Adding Havoc to Chaos in Vol. 33, Issue No. 3 (July/Aug./Sept. 2019) of Commercial Law World Magazine. The article explains the relatively new phenomenon of merchant cash advances, which have been described as the merchant to merchant equivalent of consumer pay-day lending. Ms. Barron & Mr. Sather explain how this type of financing works and common legal issues encountered. The article can be found here.