Merchant Cash Advance – A GPL Settlement – June 2026
Contract Review
At Grant Phillips Law we will always review your MCA agreement in its entirety, seeking legal leverage to fight for a settlement and enforce your rights as a merchant and business owner. Buried in most MCA agreements are a plethora of clauses that may resemble a loan rather than an MCA.
Case Facts
Together with your specific case facts, Grant Phillips Law will tailor a resolution and action plan to support your needs and wants. No one case is the same and our hand holding approach allows you to refocus on building your business and getting rid of your merchant cash advance debt or restructuring the debt to an affordable payment.
Removal of Fees & penalties
Our law firm will also fight to remove all fees and costs such as legal fees, stacking penalties and default fees. When Grant Phillips obtains a settlement, we are seeking to have you pay the least amount of money over the longest period of time.
Official Accounting
Our law firm will always seek an official accounting from the MCA funder to use to compare and cross reference to your accounting records. This is done to confirm all credits and debits were processed correctly and to confirm there were no unauthorized debits.
We Fight for You
Even if an MCA funder sues you, all is far from lost. Grant Phillips Law will not just respond to your lawsuit but simultaneously file counter claims and affirmative defenses. This is almost akin to a counter lawsuit whereby we will attack any improprieties or illegalities and try to recharacterize the so called MCA to be a loan in the guise of an MCA.
From MCA to Term Loan
A Grant Phillips Law settlement will turn an MCA into a term loan. This means that once a settlement figure is agreed upon, that number is then divided equally by the number of months agreed upon for you to make and afford your new payment.
Provided the merchant keeps to settlement, the funder will cease their enforcement actions and put a hold on any lawsuits that may have been filed.
What about a UCC filing?
In the event a UCC lien restraint is sent by the funder to a merchant’s vendors, clients, payment processors or bank accounts, Grant Phillips Law will push to incorporate the REMOVAL of the UCC lien, as part of the comprehensive settlement.
For example; a funder provides $100.00 for a payback amount (purchased amount) of $150.00. The merchant cannot afford the daily or weekly ACH pull of $10.00 daily. GPL will come in and negotiate or if necessary, litigate to lower the payback amount and stretch it out over multiple months for example 10 to 24 months. In the instant example, the funder and the merchant agree to a comprehensive settlement, whereby the funder is keen on receiving at least the money it provided i.e., $100.0.
After reviewing the MCA agreement and taking into account your specific case facts, GPL will fight to reach a settlement. Here GPL obtains a full and final settlement of $100.00 payable (without daily pulls) over 12 months. Provided the settlement payments are made timely and in full, the funder will have no right to legally enforce the repayment.
Conditional Release
This means a stay or hold on any lawsuit will go into effect and the release of any funds restrained by a UCC lien. What happens if the frozen account or money is held and restrained by the funders filing of a UCC lien restraint? In this scenario Grant Phillips Law will create and enforce a “conditional release” this means that if $50.00 is on hold, the funder and merchant will agree to split the held monies via the filing of a conditional release, while simultaneously entering into an all-encompassing settlement.
Stress and Worry Free
Our goal as always, is to protect your legal rights, have you pay what your revenues can afford and to take the stress and worry away from you, as you rebuild your business.
We remain committed and communicative and that means we will keep you updated and fully informed throughout the negotiation and litigation process.
You Control your Settlement
We are legally required to obtain your permission to accept a settlement of any kind, so you remain in full control of your payments and business. As a leader in merchant cash advance debt relief, Grant Phillips Law understands the nuances and seemingly complicated factors pertaining to an MCA and will educate you and update you throughout the process, so you remain a fully informed and educated client.
Arbitration
When and if applicable, some merchant cash advance agreements have a mandatory arbitration clause. This means that instead of the stress of Court one can go through arbitration. At Grant Phillips Law, we will represent you from A to Z in any form of mediation or arbitration.
Bottom Line
If you are facing MCA debt and are seeking a lower and affordable payment or settlement, contact an MCA debt defense attorney.
