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St. Louis MCA Defense Lawyers Business Debt Relief

February 24, 20249 min read



St. Louis MCA Business Debt Relief: Options to Resolve Your Debt

Running a small business is extremely difficult, especially when cash flow issues arise. If you took out a merchant cash advance (MCA) loan to keep your business afloat and are now struggling with potentially unmanageable payments, know that you have options in St. Louis. There are ethical and effective debt relief solutions available to provide you financial freedom.

Overview of MCA Loans

Merchant cash advance loans can seem like an easy financing option when you need quick capital for your business. However, they often come with extremely high interest rates and aggressive collection tactics that can put incredible stress on a small business owner.Here’s a quick overview of how MCA loans work:

  • Fast Approval – MCA providers promote fast underwriting and funding in as little as 24-48 hours without requiring strong credit scores or business financials. This makes it easy to get quick cash.
  • Daily Repayment – You agree to repay a fixed percentage of your daily credit card and debit card sales until the balance is paid in full. This percentage can range from 10-20% of your daily sales.
  • High Cost – While specific rates depend on your industry and sales volume, MCA loans typically carry an annual percentage rate between 60-400%. This leads to you repaying far more than the amount borrowed.
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While MCA loans can work for some businesses, they become problematic when sales volumes drop. You still owe the fixed daily payment regardless of sales declines, quickly creating financial distress.

St. Louis Debt Relief Options

If you took out an MCA and are now facing unmanageable repayments that jeopardize your business, know that you have debt relief options in St. Louis. The ethical path forward is to work with a specialist to restructure or settle your outstanding balance. This will provide you long-term financial freedom.Here are smart alternatives to consider:

Debt Restructuring

With debt restructuring, a specialist negotiates with your MCA lender to have your loan converted into an installment loan. This stretches payments over a longer period, often 12-48 months, with a fixed monthly repayment amount. This creates predictable payments that align with your current sales volumes.Benefits

  • Lower monthly payments
  • Fixed regular payments
  • Avoid aggressive collections


  • Extended payment term
  • Potential added fees

Debt Settlement

Debt settlement involves negotiating directly with your MCA provider to settle your outstanding balance for less than the full amount owed. Specialists leverage their expertise and relationships with lenders to argue for a reduced lump sum settlement payment.Benefits

  • Resolve debt for less than owed
  • Faster path to be debt-free


  • Payments still required
  • Potential credit score impact

Why Work with a Specialist?

Navigating MCA debt on your own can be extremely challenging. MCA lenders often refuse to work directly with business owners. Additionally, their aggressive collection tactics lead most business owners to freeze up when they receive calls demanding payment.This is why working with a debt relief specialist is critical. An experienced professional has the following advantages:

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Established Relationships

They already have relationships with MCA lenders, banks, and other financial institutions. These partnerships make lenders more willing to negotiate repayment solutions. A specialist can leverage their contacts to argue effectively for the most favorable terms on your behalf.

Expert Negotiators

Specialists negotiate debt settlements and restructures every day. They know what levers to pull, what terms are realistic, and how to frame requests persuasively to achieve win-win solutions. Leaning on their expertise significantly increases the changes of securing financially viable alternatives so you can move forward.

Ongoing Support

Even after negotiating new repayment terms, many businesses need help optimizing cash flow to ensure they can meet their new obligations. Specialists provide ongoing advice and support so you can strengthen your financial footing for the long run.

Delancey Street – Your Debt Relief Partner

Delancey Street has spent the last decade helping small business owners resolve unmanageable MCA debt and achieve financial freedom. Our team brings a compassionate, ethical approach focused on understanding your situation and finding the optimal solution to resolve your financial challenges.

Our Process & What We Provide

When you work with Delancey Street, here is what you can expect:1. Free Consultation

  • In-depth review of your MCA agreements and business finances
  • Clarity on the full scope of debts owed
  • Tailored advice for your specific situation

2. Client Agreement

  • Formal definition of services we will provide
  • Clear expectations setting
  • Affordable, fair pricing

3. Debt Relief Execution

  • Negotiate with your MCA lender directly on your behalf
  • Secure win-win debt restructure or settlement terms
  • Ensure all agreements align with your business needs

4. Ongoing Support

  • Help optimizing cash flow
  • Advice strengthening your financials
  • Be available for any questions

We focus on long-term partnerships, remaining by your side until all debt is resolved and your business regains stable financial footing.

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We’re compassionate and ethical. Our motivation is helping businesses get out of distress while avoiding unnecessary fees or overly burdensome terms. We have strong relationships with lenders and know how to negotiate respectfully on your behalf.

We simplify everything. Our team handles all negotiations and documentation so you can focus on running your business. We communicate every step clearly so you understand what’s happening.

We offer fair, affordable pricing. Our fees are reasonable in light of the significant financial freedom we work to secure for your business. We believe in aligning incentives, only getting paid if we achieve positive debt relief outcomes.

We provide unmatched support. Even after resolving your debt, we remain available to advise on optimizing cash flow, strengthening your financials, and answering any other questions. We become long-term partners invested in your success.

Next Steps to Resolve Your Debt

If you are facing financial hardship from an MCA loan in St. Louis, please know that hope and help exist. You have ethical options to alleviate your debt burden through restructuring or settlement agreements.Reach out to Delancey Street today to schedule a free consultation. Our compassionate team is ready to review your situation, answer all questions, and prepare tailored recommendations. Call 212-210-1851 or request a callback through our website to get started.With customized debt relief assistance, you can resolve your financial challenges and ensure your business thrives for years to come.

Frequently Asked Questions

Should I just take out another loan to pay off my MCA balance?

This is often tempting but rarely the best long-term option. Additional high-interest debt will just compound your problems. It’s better to work with a specialist to refinance or settle your current MCA under more affordable terms aligned with your revenues.

How long does the process take?

Every situation is different based on your specific debts and business model. However, you can generally expect resolution in 2-6 months working with an experienced specialist. We handle all negotiations and documentation to make the process as quick and seamless as possible.





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