When to Consider MCA Debt Consolidation for Your Business
Learn when MCA debt consolidation is the right move for your business, how it works, and how it can streamline your repayment process. Merchant Cash Advances (MCAs) offer quick access to funds, making them appealing to businesses facing cash flow challenges. However, the high costs and frequent repayment schedules can lead to overwhelming financial strain. […]
South Florida Businesswoman Receives 20-Year Sentence for $200 Million Merchant Cash Advance Ponzi Scheme
In a significant legal development, Johanna Michely Garcia, the former CEO of MJ Capital Funding, LLC, based in Pompano Beach, Florida, has been sentenced to 20 years in federal prison for orchestrating a Ponzi scheme that defrauded investors of approximately $200 million. Operating from October 2020 to August 2021, Garcia, along with her co-conspirators, including […]
