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Delancey Street Helps Business Owners Regain Control

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

Join The Program

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.

Nashville Merchant Cash Advance Legal Help – Attorneys, Debt Settlement

Nashville Merchant Cash Advance Legal Help

Nashville skyline

Merchant cash advances can provide quick funding for small businesses, but they also come with high fees and strict repayment terms. If your Nashville business is struggling with merchant cash advance debt, you may need legal help to negotiate a settlement or file bankruptcy.

How Merchant Cash Advances Work

Business owner with cash

Merchant cash advance companies provide a lump sum payment to a business in exchange for a percentage of future credit card sales. There are usually no fixed monthly payments – the business repays the advance as a percentage of daily credit card receipts.

This flexible repayment structure appeals to many small businesses, but the fees and rates are often exorbitant, with an effective APR frequently over 50%. Businesses can quickly fall behind if sales drop.

Common Merchant Cash Advance Problems

Frustrated business owner

Some common issues Nashville small businesses face with merchant cash advances include:

  • Repayment percentages that consume too much of daily credit card sales
  • Balloon payments or payoff amounts higher than expected
  • Harassment from cash advance companies trying to collect payments
  • Lawsuits and threats to seize assets or bank accounts

If you are facing any of these problems, a business attorney in Nashville can advise you on your options.

Settling Merchant Cash Advance Debt

Handshake agreement

Most merchant cash advance contracts do not allow prepayment or early settlement. However, experienced lawyers may be able to negotiate a discounted payoff amount with the lender.

An attorney can review your agreement to find potential violations by the lender or identify leverage to force a settlement. Having legal counsel greatly improves your chances of settling merchant cash advance debt on affordable terms.

Common Settlement Strategies

Chess pieces

Attorneys may employ strategies like:

  • Disputing the validity of excessive fees or interest rates
  • Arguing violations of state lending laws
  • Threatening bankruptcy or litigation
  • Negotiating to buy out personal guaranties

An experienced lawyer negotiates from experience and legal precedent. They use their expertise to pressure lenders into an affordable settlement.

Using Bankruptcy to Eliminate Cash Advance Debt

Nashville skyline

If negotiations fail, bankruptcy may be your best option to eliminate unaffordable merchant cash advance debt. A Chapter 7 or Chapter 11 bankruptcy discharges personal and business debts to give you a fresh start.

Bankruptcy stops collections activity and lawsuits while permanently wiping out balances owed. However, it can only provide relief if you stop making payments and let the account fall behind first.

How Bankruptcy Lawyers Can Help

Bankruptcy documents

Nashville bankruptcy attorneys help with tasks like:

  • Evaluating if bankruptcy makes sense for your situation
  • Advising when to stop making payments
  • Drafting and filing bankruptcy paperwork
  • Representing you in court against creditors
  • Getting collection calls and lawsuits paused

This protects you while eliminating debts and providing tax relief. Bankruptcy lawyers know how to maximize protections and limit consequences for business owners.

Explore Your Nashville Merchant Cash Advance Legal Options

Lady justice statue

If your Nashville business is overwhelmed by merchant cash advance debt, meet with an attorney to discuss settlement or bankruptcy. The legal system provides protections if you have an experienced lawyer guiding you.

Get a free consultation with a top-rated Nashville business attorney to review your merchant cash advance agreement. They can explain your options and legal rights in plain English. Don’t struggle alone – skilled legal counsel can eliminate cash advance debt so you can regain financial stability.

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"
Leo
$500,000 MCA Restructured Over 3 Years
"Thanks for helping me in literally 24 hours"
Jason
$250,000 SBA Loan Offer in Compromise
"Great choice for business owners who need a trustworthy partner"
Mary
$350,000 MCA Restructured Over 2 Years

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
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