Square Capital
MCA Review
Is Square Capital a Legal MCA or an Illegal Disguised Loan?
We Listen • We Fight • You Win
Is Square Capital's MCA Contract Legal?
As of 2026, our firm has identified several RED FLAGS in Square Capital's merchant cash advance agreements that may indicate their contracts are not true revenue-based advances, but rather disguised high-cost loans.
Our attorneys have reviewed hundreds of Square Capital MCA contracts across the country. If Square Capital has placed a hold on your funds, filed a UCC lien, or enforced repayment through automated debits without reconciliation — you may need legal defense immediately.
Grant Phillips Law has successfully litigated over 600 MCA cases and provides nationwide representation to businesses just like yours.
Square Capital's
Red Flags Identified
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Fixed Daily ACH Debits
Flat daily withdrawals regardless of actual revenue — a hallmark of illegal loan structure. -
No Reconciliation Clause
Contracts often lack true reconciliation, forcing repayment even during business slowdowns. -
UCC Lien on All Receivables
Blanket UCC-1 filings placed against all business assets, limiting access to other financing. -
Account Freezes Without Notice
Sudden Square account restrictions used as leverage — cutting off businesses from their own revenue.
How Square Capital Operates
Automated Fund Holds
Square can instantly freeze your linked bank account or merchant balance without prior notice, cutting off cash flow while demanding repayment.
UCC Lien on Receivables
UCC-1 liens are filed against your business receivables and assets, blocking access to outside financing and alerting other creditors.
Fixed Daily ACH Debits
Repayments are withdrawn daily at a fixed amount regardless of your actual sales — making true revenue-sharing reconciliation nearly impossible.
Aggressive Collections
Persistent collection demands, threatening notices, and high-pressure tactics designed to force payments beyond what may actually be legally owed.
Contact Information
Square Capital (Block, Inc.)
Important: If Square Capital has contacted you regarding outstanding balances, do not negotiate directly. Contact Grant Phillips Law first for a free legal review of your contract and obligations.
The Solution You Need
We Fight For
Your Business
How We Fight Back
Grant Phillips Law deploys proven legal strategies to protect your business and restore your financial freedom.
Vacating Judgments
Even if a judgment has been filed against you due to an MCA default, we can file emergency papers to Vacate and Remove the Judgment — restoring your legal standing.
Debt Settlement Solutions
Our attorneys negotiate directly with Square Capital and other MCA funders to achieve meaningful settlement reductions — saving your business from crushing debt.
UCC Lien Removal
We challenge and remove unlawful UCC liens on your bank accounts and receivables, unfreezing your cash flow and letting your business operate again.
I was drowning in MCA debt with daily debits draining my account. Grant Phillips Law negotiated a settlement I never thought possible. They genuinely care about their clients and fight hard for results. I can't recommend them enough.
— Verified Client • Business Owner • Grant Phillips Law
Get a Free Consultation Today
Don't let Square Capital destroy what you've worked so hard to build. Call now.
➤ Call (516) 670-5165