How to get out of the cash advance trap

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Posted at 4:55 PM, Oct 21, 2020
and last updated 2020-10-21 19:58:44-04

(WXYZ) — If you are a business owner or if you know someone who is, this story is about both obstacles and opportunities.

We all know it takes money to make money. But how you get it could leave you caught in a trap. That's especially true if you’re forced to tap into a shady merchant cash advance company.

The stories you are about to hear are heartbreaking, and it is happening to good folks every single day.

If it happens you, it can destroy your business and bleed you dry.

There are people, right here in metro Detroit, who can catch you if you fall into the cash advance trap.

There is more good news. Attorneys general across the country are cracking down on the bad guys running these companies, which is a good thing.

So, if your business needs help, visit

Because, we all want to see you succeed!