MCA Debt Relief by State
Quick answer
Century Relief helps business owners with merchant cash advance debt in all 50 states and Washington, DC. State law changes what a funder can do when you fall behind, especially on confessions of judgment, interest limits and required MCA disclosures, so pick your state below for the rules that apply to you.
Century Relief works with business owners nationwide to settle and restructure merchant cash advance and business debt. State law affects what a funder can do when you fall behind, especially on confessions of judgment, interest limits and required disclosures. Choose your state for the details.
How MCA debt relief works from state to state
The basic path to relief from a merchant cash advance looks much the same whether your business is in Ohio or Oregon. Someone reviews each contract and the payments leaving your account, builds a cash-flow plan the business can actually live with, and then negotiates with every funder holding a position. When a deal is reached, it goes into a signed agreement, and once the agreed amount is paid the funder should release its UCC lien. We explain each of those stages in our guide to MCA debt settlement.
What changes across state lines is the legal backdrop. Merchant cash advances are usually structured as purchases of future receivables rather than loans, so many state lending and usury rules may not apply to them in the usual way. Instead, a growing number of states regulate commercial financing through disclosure or registration requirements. California, New York, Utah, Virginia, Georgia, Florida, Connecticut, Kansas, Missouri and Texas are among the states that have adopted commercial financing disclosure or registration rules, and the details differ widely. Some require funders to show an estimated cost or a breakdown of charges before you sign. Others require providers or brokers to register with the state, and some limit specific practices or contract terms.
Those differences can matter in a negotiation. A missing disclosure, a contract term your state restricts, or a dispute over which state's law governs the agreement can all affect how a funder responds when payments change. Where a lawsuit is filed, and whether a confession of judgment can be used against you, also depends on where the parties are and what the contract says.
These laws are new and change often, so treat the state pages below as a starting point rather than a final answer. Confirm the current rules that apply to your contracts with a licensed attorney in your state before you act on them.
States with MCA-specific laws
All states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Washington, D.C.
- West Virginia
- Wisconsin
- Wyoming
Not sure where to start? Get a free review of your MCA debt.