The Situation
This business owner had defaulted on a merchant cash advance contract, and the account had moved into the funder's recovery process. The funder's written demand listed a total due of $23,000.00, with no other costs added.
The Outcome
On June 12, 2025, the funder confirmed in writing that it would accept a single payment of $6,110.00 to discharge all legal liability under the defaulted contract. The payment was due that same day, by wire or Zelle.
What It Meant for the Business
The letter also committed the funder to treat the balance as closed once the payment arrived, and to send a UCC lien release letter within 30 days. A UCC lien is a public filing against a business's assets, so getting a written release matters as much as the number itself.
The result: $16,890 less than the balance due, handled in one payment.
If your business is dealing with MCA pressure of its own, here is what working with us looks like, or read our MCA default guide to understand where you stand.
