Debts we review
- Short-term and online business term loans
- Business lines of credit and revolving facilities
- Revenue-based financing
- Business credit cards used for operations
- Vendor and supplier balances
How loans differ from MCAs
A loan has a fixed repayment obligation and usually a stated interest rate. An MCA is structured as a sale of future receivables. The difference affects your rights, the lender's remedies and what kinds of modifications are realistic. We review the documents to understand which rules apply.
Our process
- Review the loan agreement, guarantees, collateral and payment history
- Compare required payments with current cash flow
- Develop a modification or payoff proposal
- Communicate with the lender and review any offer with you in writing
SBA-backed loans and loans secured by real estate have their own rules and programs. We will tell you when a different professional is better placed to help.
Questions
Can you help with an SBA loan?
We can review your situation, but SBA loans follow specific federal rules and lender programs. In many cases the right first step is a direct conversation with the SBA lender or a qualified advisor.