California small business owner Jay Hoehn is calling attention to merchant cash advance companies who are using high-interest loans and abusive collection tactics to prey on small businesses as regulators begin to take action. Aired on 08/13/2020.
» Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc
MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, Meet the Press Daily, The Beat with Ari Melber, Deadline: White House with Nicolle Wallace, Hardball, All In, Last Word, 11th Hour, and more.
Connect with MSNBC Online
Visit msnbc.com: http://on.msnbc.com/Readmsnbc
Subscribe to MSNBC Newsletter: http://MSNBC.com/NewslettersYouTube
Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc
Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc
Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc
Merchant Cash Advance Companies Using High-Interest Loans To ‘Strong-Arm’ Small Businesses | MSNBC