Getting Out of MCA Debt: How Delancey Street Can Help

Running a small business is tough. Between managing employees, attracting customers, and actually making a profit, it’s easy to feel overwhelmed. Many business owners turn to merchant cash advances (MCAs) and business loans when they need quick access to capital. But those financing options come at a steep price – exorbitant interest rates that can bury a business in debt.If you took out an MCA or business loan that you are now struggling to repay, Delancey Street can help. We are dedicated to helping business owners have a healthy relationship with money and get out from under crushing debt.

How We Can Settle Your MCA Debt

Getting out of MCA debt may sound impossible, but Delancey Street has an easy process and assigns a dedicated expert to each client. Here is how we can help settle your business debts:

• Free Consultation – We will conduct an in-depth review of your business finances to gain clarity on the full scope of debts owed. This allows us to provide specific advice tailored to your unique situation.
• Client Agreement – Once we settle on a debt relief strategy, we will formally define the terms of services in a client agreement clearly detailing the process, expectations, and fees involved.
• Negotiations – Our team has extensive experience negotiating debt settlements with MCAs and business lenders. We leverage our relationships and legal resources to secure reduced payoff amounts and improved repayment terms on your behalf.
• New Financing Options – In some cases, we can help business owners replace expensive MCA loans with more affordable forms of financing to alleviate cash flow issues. This may include bank loans, SBA loans, or retirement plan financing.
• Ongoing Support – We provide ongoing account management and advice to ensure you achieve financial freedom from burdensome debts. Our experts can also help improve profitability, cash flow management, and business budgeting.

Why Work With Delancey Street

Delancey Street is not a law firm, but we do have attorneys available who can provide legal guidance around debt settlements when necessary. Here are a few key reasons to choose us for MCA debt relief:

• We are not MCA lenders – Since we work independently, we can be completely objective when negotiating payoffs without any conflicts of interest.
• National footprint – Our dedicated MCA division works with business owners across the country.
• 97% success rate – We have secured extremely favorable debt relief outcomes for thousands of small business clients over the past 10+ years.
• Team of experts – Our financial restructuring team includes CPAs, MBAs, and former lenders who thoroughly understand the MCA industry.
• Free consultation – We provide a complimentary, no-strings-attached review of your situation so you can make an informed decision before hiring us.

If you are struggling to repay an expensive MCA or business loan, do not wait to seek help. Call Delancey Street today at 212-210-1851 for a free consultation, or request more information on our website. Our team is standing by ready to answer your questions and outline a path to financial freedom.