MCA & Business Debt Relief in Alaska
Century Relief helps Alaska business owners settle and restructure merchant cash advance (MCA) and business debt. We work with businesses in Anchorage, Fairbanks and Juneau and across the state, and the rules below shape what funders can do and how we negotiate.
| Alaska at a glance | |
|---|---|
| MCA disclosure law | No |
| Confessions of judgment | Allowed only with formalities |
| Usury as a lever | Limited for business borrowers |
| Where we work | Anchorage, Fairbanks and Juneau and statewide |
Many of the Alaska owners we talk to run businesses in health care, restaurants and retail. When revenue dips, fixed MCA debits don't, and that's usually when they call. Alaska's fishing, tourism and seasonal construction businesses can earn much of their year in a few summer months, a poor fit for year-round daily debits.
If you miss MCA payments in Alaska
Funders move fast after a default: collection calls, a demand for the full balance, and sometimes a lawsuit within weeks. Even when the case is filed out of state, the resulting judgment can be registered in Alaska and used to freeze business accounts, so it pays to negotiate before it gets that far.
Alaska requires a signed written confession, the creditor's written assent and an acknowledgment or court appearance (Civil Rule 57(b)). In practice, a funder can't simply file a pre-signed confession against a Alaska business; it usually has to sue, which gives you time to negotiate.
Alaska rules that affect your settlement
Disclosures. Alaska has no MCA-specific disclosure law, so funders aren't required to show you a standardized total cost or APR. We calculate it for you during your review.
Interest limits. Alaska's interest cap doesn't apply to loans over $25,000. Our leverage usually comes from your cash-flow reality, reconciliation rights and the cost of collection to the funder.
Nothing here is legal advice. If you've been sued or served, talk to an attorney; we can work alongside one.
How MCA debt relief works with Century Relief
- Free review. We go through every advance, your bank statements and what each funder has already collected.
- Stop the bleeding. We help you avoid stacking another advance and plan around your cash flow.
- Negotiate funder by funder. We work toward reduced payoffs or payment plans that fit your revenue.
- Get it in writing. Every agreement is documented, including UCC lien releases when balances are resolved.
Ready to see your options? Get a free review of your MCA debt, or read the five main MCA relief options.
Frequently asked questions
Will MCA funders negotiate with a Alaska business?
Often, yes. A realistic proposal backed by your bank statements gives a funder a reason to accept less or stretch the payments out, rather than chase a business that can't pay.
Can an MCA funder get a judgment against my Alaska business without a lawsuit?
Alaska requires a signed written confession, the creditor's written assent and an acknowledgment or court appearance (Civil Rule 57(b)). In practice, a funder can't simply file a pre-signed confession against a Alaska business; it usually has to sue, which gives you time to negotiate.
Does Alaska regulate merchant cash advances?
Alaska has no MCA-specific disclosure law, so funders aren't required to show you a standardized total cost or APR. We calculate it for you during your review.
Do I need to be in Alaska to work with Century Relief?
No. We're based in Jersey City, New Jersey, and work with business owners in Anchorage, Fairbanks and Juneau and everywhere else by phone and video.