MyPillow CEO Mike Lindell sues a merchant cash advance firm over a 'sham' loan that had a 409% interest rate
![MyPillow CEO Mike Lindell sues a merchant cash advance firm over a 'sham' loan that had a 409% interest rate](https://fortune.com/img-assets/wp-content/uploads/2024/12/GettyImages-1438942710-e1734036072153.jpg?resize=1200,600)
Lindell's company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses. ...undefined
Lindell's company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses. ...undefined