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Delancey Street Helps Business Owners Regain Control

Each year 10's of thousands of business owners struggle.

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Fill out our contact form. We'll reach out and conduct a thorough assessment of your situation, and how we can help you. Our goal is to understand your situation, and determine if our program is the right for you, and the type of debt you have.

We Work With You

Once we determine our program is right for you, we start working on your behalf. We conduct a thorough evaluation of the type of debts you have, and put together an action plan on what a realistic, and beneficial outcome would look like for each debt.

We Get Results

The final step is the most important, we restructure your debt and put you in a better position than we found you. We work with you to adhere to the new debt restructuring program, and are with you every step of the way to make sure your business is thriving.

Program Results

$450K Merchant Cash Advance

Extra 24 Months

Transformed into a monthly payment, and extended by 2 years, with a 15% reduction in balance.
$110K Merchant Cash Advance

55% Reduction

Transformed into a monthly payment, and extended by 2 years, with a 55% reduction in balance.
$100k Business LOC

50% Redution

Our client had an LOC with a MCA hybrid lender, and saw a drastic reduction in balance.

How We Help

Business debt settlement through Delancey Street involves restructuring your corporate debt, in a manner that allows you to keep your doors open, and results in an increase in cashflow.

Get a affordable plan that works for your business cash flow as a part of the debt settlement process.

Get potential resolutions with Delancey Street in a timely and effective time frame once you enter our debt relief program.

You Have a Powerhouse team of financial and legal experts on your side, advising you on how to interact with predatory creditors.

5 Star Google Rating trusted by 100's of people who are struggling with business debt.

Iowa Merchant Cash Advance Legal Help – Attorneys, Debt Settlement

Getting Legal Help for Iowa Merchant Cash Advance Issues

Running a small business in Iowa can be extremely rewarding, but it also comes with financial challenges. If you’ve taken out a merchant cash advance to help cover costs, you may run into issues with high repayment rates or unfavorable terms. The good news? There are attorneys who can help.At Delancey Street, we specialize in helping business owners in debt. We’re not a law firm ourselves, but we partner with experienced attorneys to offer legal help as part of our financial services. Here’s an overview of common merchant cash advance issues in Iowa, plus how our legal team can assist:

Understanding Merchant Cash Advances in Iowa

A merchant cash advance (MCA) isn’t technically a loan under Iowa law. Instead, MCA companies provide you an upfront sum in exchange for a percentage of your future credit card and debit card sales over a set period of time.There are pros and cons to merchant cash advances:Pros:

  • Fast approval and funding
  • Flexible underwriting compared to bank loans
  • No collateral required


  • Very high effective interest rates
  • Daily/weekly repayment that can strain cash flow
  • Aggressive collection tactics

Unlike loans, MCAs aren’t subject to usury laws capping interest rates. Some MCA companies charge over 100% APR when fees and payback totals are calculated.This lack of regulation allows predatory behavior that catches business owners off guard. Many Iowa merchants struggle with MCA debt and don’t know their legal options.

Common MCA Issues in Iowa

There are a few common issues Iowa business owners face with merchant cash advances:

1. Deceptively High Effective Interest Rates

Some MCA companies downplay or misrepresent the actual cost of financing. Documentation may list the advance as a flat fee. But when you calculate the total fees and daily repayment percentage over the payback period, the annualized rate is outrageously high.

2. Aggressive Collections and Harassment

Merchant cash advance companies can debit a percentage of sales directly from your bank account daily or weekly. Some use aggressive tactics like calling multiple times a day to collect payments. They may also contact your customers about unpaid balances.

3. Violations of Truth in Lending Act (TILA)

TILA requires lenders clearly disclose costs like APR. Since MCAs technically aren’t loans, companies exploit this loophole and avoid transparency. But courts increasingly rule this violates the spirit of consumer protection laws.

4. Breach of Contract

Review MCA contracts carefully before signing. Some include unreasonable terms that are ultimately unenforceable. For example, non-compete clauses restricting your ability to get financing elsewhere.

Legal Defenses Against Merchant Cash Advance Companies

If you’re facing issues with an MCA provider, don’t panic. There are potential defenses based on violations of state and federal consumer laws. An attorney experienced with MCA cases can help you identify and assert these defenses to fight back against harassment, invalidate debts, or get unfavorable contracts thrown out.


If an MCA contract contains unreasonably unfair terms that shock the conscience of the court, a judge may rule it unenforceable. This depends on factors like:

  • Your sophistication/bargaining power vs the MCA company’s
  • Whether terms were clearly disclosed
  • Overall one-sidedness hurting you


Though Iowa ended interest rate caps on loans in 1981, courts still consider rates relevant for unconscionability arguments. Plus rates above 35% can justify invalidating debts under the Uniform Commercial Code.

RICO Claims

The Racketeer Influenced and Corrupt Organizations Act allows civil lawsuits against those engaged in extortion. This could apply to MCA companies using illegal pressure and harassment in collections.

Violations of Fair Debt Collections Practices Act

When MCA providers engage in overly aggressive collections like calling excessively, contacting third parties about debts, or making false statements there may be FDCPA violations. Each can warrant $1,000+ in statutory damages.

How Our Attorneys Can Help

At Delancey Street, our debt relief services for business owners include legal assistance from vetted attorneys. We take a customized approach, assessing your situation to build the strongest case.Potential ways our legal team can help Iowa merchants fight back against merchant cash advance issues include:

  • Reviewing contracts for unconscionable terms and TILA compliance issues
  • Disputing debts with MCA companies directly
  • Sending cease and desist notices to stop harassment
  • Negotiating settlements to reduce balances
  • Filing lawsuits asserting violations of state/federal law
  • Defending against lawsuits from MCA companies

We also help with practical steps like improving cash flow to stay current on debts and rebuilding credit. Our goal is equipping you with financial freedom and healthy banking relationships again.Every client gets personalized attention from our legal team and financial experts. We have an easy sign up process online or by phone. All initial consultations are free.Don’t keep struggling with merchant cash advance debt in silence. You have rights and legal defenses available. Contact Delancey Street today to explore options for getting relief.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
$500,000 MCA Restructured Over 3 Years
"Thanks for helping me in literally 24 hours"
$250,000 SBA Loan Offer in Compromise
"Great choice for business owners who need a trustworthy partner"
$350,000 MCA Restructured Over 2 Years

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