The shadowy world of merchant cash advances

During the pandemic, mostly unregulated lenders went after struggling restaurants and music venues, charging at times sky high rates. Now, they’ve found a new market: small businesses that desperately need cash to pay tariffs.

Today on the show, the story of a financial lifeline that can turn into a financial choke hold.

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Related episodes:
Can I get my tariff money back now?
Three ways companies are getting around tariffs

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