Navigating Business Financing: Insights on MCA Loans and Alternative Funding with Apollo Financial

In this episode of Financial Life, Matt Dillingham and LaShawn Smith from Apollo Financial delve into Merchant Cash Advance (MCA) loans and their impact on businesses. They discuss consolidating MCA loans, share success stories, and explore alternatives like invoice factoring. The episode covers the risks of online loan applications and offers guidance on debt restructuring and refinancing. Listeners learn to compare business term loans with MCAs and receive advice on avoiding debt traps. Economic factors affecting business financing are also discussed. The episode wraps up with resources, a prequalification process, and contact information.