I am well aware that undisclosed fees is a part and parcel of the MCA process. But one cannot deny the fact that it adds a layer of complexity to our dealings. These fees, often written in the fine print has caught me off guard many times.
I would like to know what strategies have you employed to uncover and mitigate the risks associated with these hidden costs?
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Best way to handle this? Don’t ever get a MCA. Seriously, they’re terrible. Like payday loans for businesses. The highest cost loans offered to people who shouldn’t be borrowing in the first place.