MCA & Business Debt Relief in New York
Century Relief helps New York business owners settle and restructure merchant cash advance (MCA) and business debt. We work with businesses in New York City, Long Island, Westchester and Buffalo and across the state, and the rules below shape what funders can do and how we negotiate.
| New York at a glance | |
|---|---|
| MCA disclosure law | Yes |
| Confessions of judgment | Allowed — read your contract |
| Usury as a lever | Possible if an MCA is treated as a loan |
| Where we work | New York City, Long Island, Westchester and Buffalo and statewide |
In New York, MCA debt shows up most often among businesses in restaurants, health care, retail and construction. Whether you're in New York City, Long Island, Westchester and Buffalo or a smaller town, the process is the same and happens by phone and video.
Default, lawsuits and judgments in New York
A missed debit usually triggers the default clause. Expect calls to you and any personal guarantor, a demand for the full remaining balance, and possibly a lawsuit, often filed in New York because that's what most contracts specify. A New York judgment can then be domesticated in New York and enforced against your accounts.
This is the biggest risk to plan around: New York accepts confessions of judgment only from debtors who lived in New York when signing (CPLR 3218). If you signed a confession, a funder may be able to get a judgment against your New York business quickly and move to freeze accounts. That makes it important to negotiate before you fall far behind.
New York rules that affect your settlement
Disclosures. New York requires disclosures, including an estimated APR, on MCAs up to $2.5 million (since August 2023).
Interest limits. New York's 25% criminal usury cap voids a loan entirely, and courts have recharacterized some MCAs as loans. That gives us another point to raise when we negotiate.
Worth knowing: In 2025 the New York Attorney General obtained a $1 billion-plus judgment against Yellowstone Capital, cancelling more than $534 million in merchant debt.
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
- Talk to us first. A free consultation covers your advances, your revenue and your goals.
- Build a plan. Settlement, restructuring or refinancing, depending on what your numbers support.
- Work the funders. We handle the negotiations so you can run your business.
- Finish clean. Written settlements, paid-in-full letters and UCC terminations.
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 New York 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 New York business without a lawsuit?
New York accepts confessions of judgment only from debtors who lived in New York when signing (CPLR 3218). If you signed a confession, a funder may be able to get a judgment against your New York business quickly and move to freeze accounts. That makes it important to negotiate before you fall far behind.
Does New York regulate merchant cash advances?
New York requires disclosures, including an estimated APR, on MCAs up to $2.5 million (since August 2023).
Do I need to be in New York to work with Century Relief?
No. We're based in Jersey City, New Jersey, and work with business owners in New York City, Long Island, Westchester and Buffalo and everywhere else by phone and video.