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![Yellowstone Capital and 25 "Lenders" in their network settle for over $1 Billion with NYAG James. Over $534 Million in outstanding debt canceled.](https://static.wixstatic.com/media/af3f03_4759d84959e74d3385d441fdcf2b0688~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/af3f03_4759d84959e74d3385d441fdcf2b0688~mv2.webp)
Thomas Tramaglini
4 min read
Yellowstone Capital and 25 "Lenders" in their network settle for over $1 Billion with NYAG James. Over $534 Million in outstanding debt canceled.
The New York Attorney General's office announced a settlement from a lawsuit previously filed in March of 2024 against Yellowstone Capital.
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![What if there was an Alternative Lending Bill of Rights for Small Business Owners?](https://static.wixstatic.com/media/nsplsh_324d63676c7242466b6e73~mv2_d_3872_2592_s_4_2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_324d63676c7242466b6e73~mv2_d_3872_2592_s_4_2.webp)
Thomas Tramaglini
7 min read
What if there was an Alternative Lending Bill of Rights for Small Business Owners?
In this article, we explore ideas which we believe could be easily adopted by the industry or policymakers as a set of standards
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![It is simple why over half who take on alternative funding default.](https://static.wixstatic.com/media/11062b_bb6dfa14f5b64aaabb047bf306dd58e0~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_bb6dfa14f5b64aaabb047bf306dd58e0~mv2.webp)
Thomas Tramaglini
6 min read
It is simple why over half who take on alternative funding default.
In this article we explore several (maybe harsh) ways that may explain why so many small business owners default on their fundings.
![](https://static.wixstatic.com/media/11062b_fcedd4f64dca488b93a7f936558a6ee8~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_fcedd4f64dca488b93a7f936558a6ee8~mv2.webp)
![Use caution when considering sharing your bank statements with alternative lenders.](https://static.wixstatic.com/media/11062b_fcedd4f64dca488b93a7f936558a6ee8~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_fcedd4f64dca488b93a7f936558a6ee8~mv2.webp)
Thomas Tramaglini
6 min read
Use caution when considering sharing your bank statements with alternative lenders.
This article delves into the positive and mostly negative outcomes of sharing bank statements with alternative lenders
![](https://static.wixstatic.com/media/11062b_d79b79cecda7401bb0818d92258cf715~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_d79b79cecda7401bb0818d92258cf715~mv2.webp)
![Itria Ventures sues MCA Lead Gen and its head of sales for stealing data. But really, how safe are your data?](https://static.wixstatic.com/media/11062b_d79b79cecda7401bb0818d92258cf715~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_d79b79cecda7401bb0818d92258cf715~mv2.webp)
Thomas Tramaglini
4 min read
Itria Ventures sues MCA Lead Gen and its head of sales for stealing data. But really, how safe are your data?
Itria Ventures sues MCA Lead Gen and its head of sales for stealing data. But really, how safe are your data?
![](https://static.wixstatic.com/media/de64709df70a4bdda2e0b452fbb5a2b7.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/de64709df70a4bdda2e0b452fbb5a2b7.webp)
![The LCF Group (Last Chance Funding) continues to be the Merchant Cash Advance Industry's Most Litigious Company. A 2024 Progress Report of predatory lenders, their attorneys, and their litigation.](https://static.wixstatic.com/media/de64709df70a4bdda2e0b452fbb5a2b7.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/de64709df70a4bdda2e0b452fbb5a2b7.webp)
Thomas Tramaglini
8 min read
The LCF Group (Last Chance Funding) continues to be the Merchant Cash Advance Industry's Most Litigious Company. A 2024 Progress Report of predatory lenders, their attorneys, and their litigation.
This article details the current trends in the MCA industry
![](https://static.wixstatic.com/media/11062b_b543a70f9a7845428c8e8785854dca7d~mv2_d_3000_2000_s_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_b543a70f9a7845428c8e8785854dca7d~mv2_d_3000_2000_s_2.webp)
![Breaking it down: Merchant Cash Advances are not MCA Loans.](https://static.wixstatic.com/media/11062b_b543a70f9a7845428c8e8785854dca7d~mv2_d_3000_2000_s_2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_b543a70f9a7845428c8e8785854dca7d~mv2_d_3000_2000_s_2.webp)
Thomas Tramaglini
9 min read
Breaking it down: Merchant Cash Advances are not MCA Loans.
This article describes some of the implications for taking on such debt delivered by alternative lenders.
![](https://static.wixstatic.com/media/11062b_e8529498efaf4ce6bdcdbfc1c0a1c431~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_e8529498efaf4ce6bdcdbfc1c0a1c431~mv2.webp)
![Dealing with a judgment from a MCA or alternative loan company.](https://static.wixstatic.com/media/11062b_e8529498efaf4ce6bdcdbfc1c0a1c431~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_e8529498efaf4ce6bdcdbfc1c0a1c431~mv2.webp)
Thomas Tramaglini
7 min read
Dealing with a judgment from a MCA or alternative loan company.
This article presents several important aspects about judgements, what alternative lenders can and will do, and what to prepare for.
![](https://static.wixstatic.com/media/11062b_f086dcf777904b44bb8338bafd7e825f~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_f086dcf777904b44bb8338bafd7e825f~mv2.webp)
![California attorney misappropriated up to $282 million from clients who were looking for debt relief.](https://static.wixstatic.com/media/11062b_f086dcf777904b44bb8338bafd7e825f~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_f086dcf777904b44bb8338bafd7e825f~mv2.webp)
Thomas Tramaglini
3 min read
California attorney misappropriated up to $282 million from clients who were looking for debt relief.
The State Bar of California announced that a Tustin attorney is facing disbarment for allegedly embezzling around $282 million.
![](https://static.wixstatic.com/media/11062b_c624af7aa6ee41fb8a9f19bb0144211f~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/11062b_c624af7aa6ee41fb8a9f19bb0144211f~mv2.webp)
![UCC Liens vs UCC Actions.](https://static.wixstatic.com/media/11062b_c624af7aa6ee41fb8a9f19bb0144211f~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/11062b_c624af7aa6ee41fb8a9f19bb0144211f~mv2.webp)
Thomas Tramaglini
5 min read
UCC Liens vs UCC Actions.
This article outlines UCC filings, distinguishes them from UCC actions, and provides insight into what small business owners can anticipate.
![](https://static.wixstatic.com/media/nsplsh_25b1a17cc3144fd3bdc54868c7b6c868~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_25b1a17cc3144fd3bdc54868c7b6c868~mv2.webp)
![Why Predatory Alternative Loan Brokers Need Accountability.](https://static.wixstatic.com/media/nsplsh_25b1a17cc3144fd3bdc54868c7b6c868~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_25b1a17cc3144fd3bdc54868c7b6c868~mv2.webp)
Thomas Tramaglini
7 min read
Why Predatory Alternative Loan Brokers Need Accountability.
This article discusses some of the common strategies used by these brokers, their consequences, and our efforts to push back against them.
![](https://static.wixstatic.com/media/nsplsh_26de9bcc89d74e9ab49dffa4807eb8bc~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_26de9bcc89d74e9ab49dffa4807eb8bc~mv2.webp)
![Reasons to stay away from Judgements on your MCAs and alternative loans.](https://static.wixstatic.com/media/nsplsh_26de9bcc89d74e9ab49dffa4807eb8bc~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_26de9bcc89d74e9ab49dffa4807eb8bc~mv2.webp)
Thomas Tramaglini
5 min read
Reasons to stay away from Judgements on your MCAs and alternative loans.
This article outlines various compelling reasons why avoiding a judgement is crucial.
![](https://static.wixstatic.com/media/b3a4967ff3214a43b9ca98e1b3b8777b.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/b3a4967ff3214a43b9ca98e1b3b8777b.webp)
![Fora Financial Sues Corporate Turnaround for repeatedly interfering with its clients.](https://static.wixstatic.com/media/b3a4967ff3214a43b9ca98e1b3b8777b.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/b3a4967ff3214a43b9ca98e1b3b8777b.webp)
Thomas Tramaglini
2 min read
Fora Financial Sues Corporate Turnaround for repeatedly interfering with its clients.
In a recent case, Fora Financial, an alternative lender based in New York, filed a lawsuit against Corporate Turnaround.
![](https://static.wixstatic.com/media/nsplsh_f2895b9f7aea4be79b1b1833a2bcb049~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_f2895b9f7aea4be79b1b1833a2bcb049~mv2.webp)
![Misleading Small Business Owners: "The State of Small Business Report" by "Progressive Lender" IOU is just too weak to publish - but they did.](https://static.wixstatic.com/media/nsplsh_f2895b9f7aea4be79b1b1833a2bcb049~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_f2895b9f7aea4be79b1b1833a2bcb049~mv2.webp)
Thomas Tramaglini
8 min read
Misleading Small Business Owners: "The State of Small Business Report" by "Progressive Lender" IOU is just too weak to publish - but they did.
In this article we review and debunk a misleading report published by a leading small business lender.
![](https://static.wixstatic.com/media/nsplsh_4ec195f6db16417fb12212071f513310~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_4ec195f6db16417fb12212071f513310~mv2.webp)
![How The Merchant Cash Advance (MCA) Company's Treat Those Who Don't Pay? Their Playbook Explained.](https://static.wixstatic.com/media/nsplsh_4ec195f6db16417fb12212071f513310~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_4ec195f6db16417fb12212071f513310~mv2.webp)
Thomas Tramaglini
6 min read
How The Merchant Cash Advance (MCA) Company's Treat Those Who Don't Pay? Their Playbook Explained.
This article outlines what small business owners can anticipate (referred to as the MCA playbook) when encountering a default.
![](https://static.wixstatic.com/media/nsplsh_d7e2583a9c284add87829005ff3bfdd9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_d7e2583a9c284add87829005ff3bfdd9~mv2.webp)
![12 Scams To Beware of from Shady MCA Settlement Companies.](https://static.wixstatic.com/media/nsplsh_d7e2583a9c284add87829005ff3bfdd9~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_d7e2583a9c284add87829005ff3bfdd9~mv2.webp)
Thomas Tramaglini
11 min read
12 Scams To Beware of from Shady MCA Settlement Companies.
This article describes 12 common scams employed by UNETHICAL MCA settlement companies to defraud small business owners.
![](https://static.wixstatic.com/media/nsplsh_4132434b39377353306e73~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_4132434b39377353306e73~mv2.webp)
![MCA Predator NewCo (dba Credit Line Capital) Sued by Merchant for Actions We See Regularly](https://static.wixstatic.com/media/nsplsh_4132434b39377353306e73~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_4132434b39377353306e73~mv2.webp)
Thomas Tramaglini
5 min read
MCA Predator NewCo (dba Credit Line Capital) Sued by Merchant for Actions We See Regularly
Most of the clients we have worked with who have defaulted on their Merchant Cash Advances have been subjected to the multitude of different
![](https://static.wixstatic.com/media/nsplsh_4a427763656e4f75524367~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_4a427763656e4f75524367~mv2.webp)
![UCC vs MCA Lawsuits.](https://static.wixstatic.com/media/nsplsh_4a427763656e4f75524367~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_4a427763656e4f75524367~mv2.webp)
Thomas Tramaglini
5 min read
UCC vs MCA Lawsuits.
This article aids small business owners in making decisions by examining the differences between UCC actions and MCA lawsuits.
![](https://static.wixstatic.com/media/nsplsh_59313235434f4357657551~mv2_d_3929_5241_s_4_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_59313235434f4357657551~mv2_d_3929_5241_s_4_2.webp)
![Reverse Consolidations are Not Consolidation at All. Just a Recipe for Disaster. What to Do.](https://static.wixstatic.com/media/nsplsh_59313235434f4357657551~mv2_d_3929_5241_s_4_2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_59313235434f4357657551~mv2_d_3929_5241_s_4_2.webp)
Thomas Tramaglini
7 min read
Reverse Consolidations are Not Consolidation at All. Just a Recipe for Disaster. What to Do.
In this article, we delve into the concept of reverse consolidation and their brutal consequences.
![](https://static.wixstatic.com/media/nsplsh_52e9573e791244cdb042c274c899433f~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_52e9573e791244cdb042c274c899433f~mv2.webp)
![Did you ignore your MCA lawsuit? Think twice as you DO NOT want a judgement.](https://static.wixstatic.com/media/nsplsh_52e9573e791244cdb042c274c899433f~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_52e9573e791244cdb042c274c899433f~mv2.webp)
Thomas Tramaglini
6 min read
Did you ignore your MCA lawsuit? Think twice as you DO NOT want a judgement.
In this article, we discuss the outcomes of not answering a MCA lawsuit.
![](https://static.wixstatic.com/media/nsplsh_6e464c6d50416639645663~mv2_d_3000_2002_s_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_6e464c6d50416639645663~mv2_d_3000_2002_s_2.webp)
![Understanding the Basics of UCC Liens Filed by Merchant Cash Advance Companies](https://static.wixstatic.com/media/nsplsh_6e464c6d50416639645663~mv2_d_3000_2002_s_2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_6e464c6d50416639645663~mv2_d_3000_2002_s_2.webp)
Thomas Tramaglini
7 min read
Understanding the Basics of UCC Liens Filed by Merchant Cash Advance Companies
In this article, we explore some of the rules and nuances of UCC and how MCA companies use UCC.
![](https://static.wixstatic.com/media/nsplsh_506b625a61684547324e67~mv2_d_4032_3024_s_4_2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_506b625a61684547324e67~mv2_d_4032_3024_s_4_2.webp)
![I defaulted on my MCA or Loan - can I still get funding?](https://static.wixstatic.com/media/nsplsh_506b625a61684547324e67~mv2_d_4032_3024_s_4_2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_506b625a61684547324e67~mv2_d_4032_3024_s_4_2.webp)
Thomas Tramaglini
8 min read
I defaulted on my MCA or Loan - can I still get funding?
In this article we discuss things that business owners should do to protect themselves from brokers once they have defaulted.
![](https://static.wixstatic.com/media/nsplsh_f0c3df07014c40c9b78ada7fddf28e78~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_f0c3df07014c40c9b78ada7fddf28e78~mv2.webp)
![Answering an MCA or Alternative Loan Company Lawsuit is Important.](https://static.wixstatic.com/media/nsplsh_f0c3df07014c40c9b78ada7fddf28e78~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_f0c3df07014c40c9b78ada7fddf28e78~mv2.webp)
Thomas Tramaglini
5 min read
Answering an MCA or Alternative Loan Company Lawsuit is Important.
This article describes the importance of answering MCA lawsuits and provides some implications if not answered.
![](https://static.wixstatic.com/media/nsplsh_daa60852e35d483ba2d4edfa0ae29d22~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/nsplsh_daa60852e35d483ba2d4edfa0ae29d22~mv2.webp)
![Recent court decisions demonstrate a willingness to hold MCA, alternative lenders, and their brokers accountable.](https://static.wixstatic.com/media/nsplsh_daa60852e35d483ba2d4edfa0ae29d22~mv2.jpg/v1/fill/w_292,h_219,fp_0.50_0.50,q_90,enc_auto/nsplsh_daa60852e35d483ba2d4edfa0ae29d22~mv2.webp)
Thomas Tramaglini
4 min read
Recent court decisions demonstrate a willingness to hold MCA, alternative lenders, and their brokers accountable.
This article highlights several recent occurrences which have suggested to the industry, if you take advantage of small business owners, you
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