What actually happens
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1Stage 1 ReviewDiscuss the service, fees, balances, and current payment schedules.
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2Stage 2 OrganizeGather cash-flow information and identify the appropriate funder contacts.
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3Stage 3 PrepareDiscuss a realistic financial proposal. Refer legal questions to independent counsel.
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4Stage 4 NegotiateDiscuss proposed terms and counter-offers with funders. Their agreement is required.
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5Stage 5 DecideYou review documented offers and decide whether to accept them.
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6Closeout Follow upTrack agreed payments and obtain account-status information from the funder.
Welcome to Delancey Street. You’re here because you’ve heard the term Business Debt Settlement and you think that’s what you need. Keep reading to see if that’s still true.
You know what an MCA is. You know “settlement = pay less than owed.” Now here’s what actually determines outcomes, and what the generic SEO content farms won’t tell you, because their writers have never sat across from a funder’s collections team.
01Start with the financial picture
A useful settlement discussion starts with the numbers: what you owe, what comes in, and what the business needs to operate. We review balances, payment schedules, available funds, and account status before discussing a proposal.
Each funder evaluates offers differently. There is no universal settlement percentage, and no funder has to accept a reduced amount. We bring proposed terms to you for review.
02Multiple advances need a coordinated review
With several advances, one payment schedule does not tell the whole story. We organize each balance and payment commitment so you can see the combined cash-flow pressure.
There is no universal order for deciding which creditor to address first. We discuss an approach based on your circumstances. Independent counsel can explain any legal priorities, notices, or deadlines.
There is no universal creditor order. We review the full financial picture and discuss an approach with you.
03Court papers need independent legal review
If you receive a lawsuit, judgment, or notice with a deadline, get independent legal guidance promptly. Counsel can review the papers and explain any available responses.
Our role is to discuss the underlying debt and potential settlement terms with your funders. Those discussions do not pause legal deadlines or guarantee that collection activity will stop.
04Document what a proposed agreement covers
Settlement terms should be documented so you can review the offer before deciding whether to accept it. We work with funders on the financial proposal and keep a record of agreed terms.
If a lien, guarantee, or lawsuit is involved, independent counsel can explain what the agreement addresses and what remains outstanding. Do not assume a settlement automatically releases every filing or obligation.
05Payment pressure is a reason to review options
Gather your agreements, recent statements, and payment schedules. We can help organize the financial picture and discuss potential changes with your funders.
Blocking a debit or moving incoming payments does not cancel the underlying obligation and may trigger default or other consequences. Independent counsel can explain the legal implications. Starting negotiations does not change payment obligations; any revised terms require funder agreement.
We focus on proposed terms your business can realistically support, not instructions to stop paying or move receipts away from a funder.
Negotiations do not pause obligations or legal deadlines. Any revised terms require agreement.
Need help with your MCA debt?
Tell us about your balances, payments, and cash flow. A senior advisor will discuss our settlement process with you. Free consultation, no obligation. Legal questions belong with independent counsel.
06Compare any new financing carefully
A new financing offer deserves a close look at total cost, payment frequency, fees, and how it affects existing balances. A lower short-term payment does not by itself mean the business owes less.
Discuss eligibility and terms with the financing provider. Independent counsel can review contractual questions. Our team can separately discuss potential settlement options with existing funders.
07Confirm who can discuss the account
A funder may handle an account internally or use a collection agency or attorney. We work to identify the appropriate contact and discuss potential terms with the person authorized to consider them.
Do not assume that waiting longer or missing payments will improve an offer. Missed payments can increase costs and legal risk. A proposal should reflect the current account details and your financial circumstances.
08Know who handles what
Delancey Street handles business debt negotiations. Independent counsel handles legal advice and representation. Qualified tax professionals can explain any tax consequences.
We help you understand the financial proposal, keep you informed, and bring offers to you for review. You decide whether to accept them.
If this is you, do these things this week
- List every business debt: balance, lender, type, monthly payment.
- Gather any guarantee documents for independent counsel to review.
- Get the service agreement and fee structure in writing before signing anything.
- Ask how any agreed payments will be handled and what fees apply.
- Ask for the firm's last 5 settlement letters (redacted) before engaging.
- Set realistic expectations: this is multi-month work, not 30 days. Get a written, engagement-specific timeline before you sign.
