Business Bankruptcy Chapter 11 Credit Card Payments 
Fundera
AUGUST 26, 2018
Casey McNamara, a senior loan specialist at Fundera, says that medium-term loans and SBA loans are a strong fit for this purpose, due to their longer payment cycles and lower monthly payments which are more like credit card payments. Filing for bankruptcy should be—and is—a last-resort option.
Fundera
MAY 22, 2018
Financing companies provide a lump sum of cash, which they calculate according to your business’s credit card receivables. In return, that financing company takes a percentage of your credit card sales. They’ll continue to pull these daily amounts from your business until the lump sum is paid back.
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