Florida Court Affirms That Merchant Cash Advance Item Not Susceptible To Usury Statute We Blog Financial Solutions Perspectives

Florida Court Affirms That Merchant Cash Advance Item Not Susceptible To Usury Statute We Blog Financial Solutions Perspectives This thirty days, a Florida appellate court held that the vendor advance loan (MCA) purchase and purchase contract wasn’t a “disguised loan” and, consequently, had not been at the mercy of Florida’s unlawful statute that is usury. […]