MCA & Business Debt Relief in Maine
If daily or weekly MCA payments are draining your Maine business, you have more options than taking another advance. Century Relief negotiates with MCA funders on behalf of businesses in Portland, Lewiston and Bangor and statewide.
| Maine at a glance | |
|---|---|
| MCA disclosure law | No |
| Confessions of judgment | Not clear-cut — get it reviewed |
| Usury as a lever | Limited for business borrowers |
| Where we work | Portland, Lewiston and Bangor and statewide |
Many of the Maine 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. In Maine, many businesses earn most of their year between Memorial Day and Columbus Day. An advance taken in spring can still be debiting in February, when tourism and coastal revenue are at their lowest.
If you miss MCA payments in Maine
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 Maine and used to freeze business accounts, so it pays to negotiate before it gets that far.
Maine voids confessions of judgment in consumer credit; for business MCAs, have any clause reviewed. Until an attorney confirms otherwise, assume a confession clause could be used, and try to negotiate before a default.
Maine rules that affect your settlement
Disclosures. Maine 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. Maine lets non-consumer credit carry any agreed finance charge. 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
Can MCA debt be settled in Maine?
Yes. MCA funders in Maine, as elsewhere, often accept reduced payoffs or longer payment plans when a business can't keep up with the original debits. The outcome depends on your contracts, your revenue and how many funders are involved.
Can an MCA funder get a judgment against my Maine business without a lawsuit?
Maine voids confessions of judgment in consumer credit; for business MCAs, have any clause reviewed. Until an attorney confirms otherwise, assume a confession clause could be used, and try to negotiate before a default.
Does Maine regulate merchant cash advances?
Maine 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 Maine to work with Century Relief?
No. We're based in Jersey City, New Jersey, and work with business owners in Portland, Lewiston and Bangor and everywhere else by phone and video.