Priscilla H, owner of a Child Care Center in NY, with more than 100 children, had 2 MCA (Merchant Cash Advance) loans. The first for $57,000.00 the other $28,000.00. Company took the loans for working capital during the winter months when enrollment is typically down. We fully settled the first loan for $25,000.00 and the second for $12,000.00 – Total Savings a sum total savings of 67%. The settlements are payable over 36 months.
Thomas S, a doctor in Chicago had four (4) loans each from a different lender. The Dr. was unable to work for 3 months due to his wife taking ill. The total combined loan amount was $175,000.00, we fully settled with each lender for a total sum settlement of $85,000.00, payable over 24 months. Sum total savings $90,000.00 / 49%
Alex P, a trucker from Duluth MN owed $45,000.00 to an MCA funder. We reached a full settlement of $20,000.00 resulting in savings of $25,000.00 or 56%
Carolyn B, a restaurant owner from Los Angeles CA took an MCA loan totaling $70,000.00. She needed it for expansion and overhead. After falling behind in payments, the lender seized her credit card terminals and levied her operating account. We removed the levy and hold on her credit card terminals and fully settled for $45,000.00 a savings of $25,000.00 or 36%
Jason M, owns five gyms in Cleveland Ohio. Due to membership payments being once a month, he fell short of cash to make payroll in the middle of every month. In an attempt to bypass this issue, he took out an MCA loan totaling $18,000.00. We settled the loan for $8,000.00 a total savings of $10,000.00 or 56%
I hired attorney Grant Phillips to help me get out from three merchant cash advance loans. I am a contractor and the winter hurt my revenues. Before long I was drowning. The lenders take money out my account daily. I feared I might have to file bankruptcy or lose my whole business. Instead, Mr. Phillips took total control of the situation and negotiated 3 settlements that in total saved me $45,000.00 and my business!! My wife, sons, grandchildren & I, thank you for saving our jobs and family business!! T.Y.
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