Guide to MCA Debt Relief
With business owners averaging $195,000 in debt, finding relief can be tough. Our team offers personalized solutions to help you regain control and ease your financial burden.
The Problem
High Fees
MCA lenders charge steep one-time fees, which can be even higher if brokers are involved.
Frequent Payments
MCAs come with aggressive daily or weekly repayment schedules, making it difficult to manage even one.
Risk of Account Freezing
Missing just one payment can lead to severe consequences, including frozen accounts and disrupted business operations.
Why Repayment is Difficult
Income FluctuationsBusiness income can vary widely, complicating the ability to manage frequent payments effectively.
Frequent PaymentsMCA repayments are usually daily or weekly, putting additional strain on your cash flow.
Extremely High FeesMCA fees are often much higher than other financing options, compounding financial stress.
What to Avoid
StackingSome companies handle their MCA debt by using additional cash advances to fix the problem. This process is called stacking, and it can be expensive and only creates further issues.
Reverse ConsolidationIt combines multiple MCA debts into one payment. However, this method doesn't pay off the original debts but rather involves a third party managing payments.
Effective Solution
MCA Debt Restructuring
Lenders want to get paid, so they're motivated to help when your business is struggling. Thanks to our strong relationships with them, we can negotiate a plan that works for you.
