MCA Debt Relief: What Your Real Options Are

Businesses doing $50,000+ in monthly revenue that are carrying two or more merchant cash advances, still generating real deposits, and current or close to current on their remittances. If the business has already stopped paying, is in default, or is being sued, refinancing is generally not available and settlement or legal advice is the more relevant path.

One remittance instead of several, sized against what your deposits can actually carry. Your existing positions handled directly with the funders rather than left to negotiation. Total cost shown next to your current payoff figures, so you're comparing the whole number and not just the daily one. A decision from the party that would actually fund it, rather than a referral fee for passing your file along. And a straight answer when the honest one is that refinancing won't help.

Retiring or servicing existing advance positions, lowering the combined daily holdback so deposits stay in the account long enough to cover payroll and suppliers, and restoring enough working capital to operate normally while the remaining term runs down.

Around $50,000+ in monthly revenue, at least three months of business bank statements, and existing advance positions with payoff figures available from your current funders. What's possible depends on the ratio of your current remittances to your deposits, the payoff balances and remaining terms on each position, and account behavior over the last few months. Approval depends on underwriting. Not all applicants qualify.

A merchant cash advance is a purchase of future receivables, not a loan, so it's priced as a factor rate on the amount purchased plus any fees rather than as an interest rate. In a consolidation, the new advance retires your existing positions and you remit one combined amount. In a reverse consolidation, your positions stay in place, we fund their payments on schedule, and you remit one smaller amount to us. Before signing you'll see the total payback figure, every fee, the remittance amount and schedule, and the disclosures your state requires. For a consolidation you'll also see the payoff figures on your current positions alongside the new total. Amounts, terms and timing vary with business performance and underwriting.

A bank looks at a file with four advances on it and sees four secured claims against the same receivables, filed by funders who each expect to be paid daily. Underwriting for that is a different discipline from underwriting a term facility, and most banks don't do it at all. Most alternative funders stop at second position for the same reason. That gap is why businesses in this position end up talking to settlement firms - not because settlement is usually the right answer, but because it's often the only party still answering the phone. Underwriting stacked files from our own capital is the specific thing we built the business around.