Did you take a business loan from Greenbox capital? It’s possible you took a merchant cash advance and have NO way of repaying it. You’re looking for options. You may have even signed a COJ – which means you’re afraid the lender will come after your assets and bank accounts.
What do you do?
You have a number of options. It’s possible for you to file bankruptcy, and go out of business. If you do this, it’s unlikely the lender will be able to get the funds they gave you back. But it’s also possible that you might have to permanently close your business in order to preserve your financial future. The issue is, this means permanently closing out your business.
You may have other options though. For example, you could work with Lawscape.
Lawscape is a premier debt settlement company that understands how to negotiate outcomes between lenders and merchants like yourself. In addition to handling merchant cash advances, we can additionally help with credit card debt, and other forms of unsecured and secured business debt.
Bottom line, if you’re facing financial difficulties, Lawscape can help you. We understand that companies like Greenbox capital may have given you money when you needed it – and you want to do the right thing – but when it comes to your business, you have to do everything possible to help you get out of the financial predicament you’re in.
When you work with a company like Lawscape, we can help you achieve a bettter financial outcome. Most notably, we can help you settle your merchant cash advance for less than what you owe. We can turn your daily payment into a monthly payment potentially, and can help you reduce your overall balance and the amount of debt owed.
This can mean that financially, your business will be able to thrive.