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Avoid defaulting on a MCA

[vc_section full_width=”stretch_row” css_animation=”none” css=”.vc_custom_1554177048477{padding-bottom: 80px !important;}” el_id=”overview”][vc_row gap=”30″ css=”.vc_custom_1554177054302{margin-right: -15px !important;margin-left: -15px !important;padding-top: 50px !important;}”][vc_column width=”1/2″][vc_custom_heading text=”RESOLVING DEBT BY LOWERING IT, AND SETTLING IT” use_theme_fonts=”yes”][vc_empty_space height=”35px”][vc_column_text]Have you taken a business loan from Ondeck capital? You’re probably on this page because you have a small business and took a loan from Ondeck capital. If you’re experiencing financial hardships and are unable to pay the loan back, you probably have questions on what happens next.

  • Can I settle the business loan with Ondeck?
  • What happens if I default on the business loan?
  • Can Ondeck come after me personally if I default?
  • What are the various debt relief options available to me?

[/vc_column_text][vc_empty_space height=”40px”][vc_column_text]Get a free consultation[/vc_column_text][vc_empty_space height=”20px”][/vc_column][vc_column width=”1/2″][iconlist icon_size=”mini”][iconlist_item type=”entypo” icon_entypo=”entypo-icon entypo-icon-cd”]

Reduce your debt

We can help you reduce the interest and principle.[/iconlist_item][iconlist_item type=”entypo” icon_entypo=”entypo-icon entypo-icon-cd”]

Settle your debt

We can help you reduce your debt for 30-70% of your debt.[/iconlist_item][iconlist_item type=”entypo” icon_entypo=”entypo-icon entypo-icon-cd”]

We take over

We will intervene on your behalf and discuss your financial situation with the lenders.[/iconlist_item][iconlist_item type=”entypo” icon_entypo=”entypo-icon entypo-icon-cd”]

Results matter

We’ve handled 1000’s of cases just like yours where we were able to negotiate a settlement that worked for our client.[/iconlist_item][iconlist_item type=”entypo” icon_entypo=”entypo-icon entypo-icon-cd”]

Service

We’re a customer service oriented debt settlement company that works effectively on your behalf.[/iconlist_item][/iconlist][vc_empty_space height=”30px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1554172420700{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1/5″ offset=”vc_col-xs-6″ css=”.vc_custom_1554171868193{padding-right: 5px !important;padding-left: 5px !important;}”][counter type=”image” value=”30″ duration=”1000″ title=”Years experience” class=”aligncenter shadow” suffix=”+” css=”.vc_custom_1554172586051{border-top-width: 15px !important;padding-top: 15% !important;padding-right: 10% !important;padding-bottom: 15% !important;padding-left: 10% !important;background-color: #ffffff !important;border-top-color: #1dc2ef !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_empty_space height=”10px”][/vc_column][vc_column width=”1/5″ offset=”vc_col-xs-6″ css=”.vc_custom_1554171873037{padding-right: 5px !important;padding-left: 5px !important;}”][counter type=”image” value=”250″ duration=”1000″ title=”Certified experts” class=”aligncenter shadow” css=”.vc_custom_1554172609717{border-top-width: 15px !important;padding-top: 15% !important;padding-right: 10% !important;padding-bottom: 15% !important;padding-left: 10% !important;background-color: #ffffff !important;border-top-color: #1dc2ef !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_empty_space height=”10px”][/vc_column][vc_column width=”1/5″ offset=”vc_col-xs-6″ css=”.vc_custom_1554171878745{padding-right: 5px !important;padding-left: 5px !important;}”][counter type=”image” value=”100″ duration=”1000″ title=”Customer satisfaction” class=”aligncenter shadow” suffix=”%” css=”.vc_custom_1571800925032{border-top-width: 15px !important;padding-top: 15% !important;padding-right: 10% !important;padding-bottom: 15% !important;padding-left: 10% !important;background-color: #ffffff !important;border-top-color: #1dc2ef !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_empty_space height=”10px”][/vc_column][vc_column width=”1/5″ offset=”vc_col-xs-6″ css=”.vc_custom_1554171883772{padding-right: 5px !important;padding-left: 5px !important;}”][counter type=”image” value=”365″ duration=”1000″ title=”Customer Service” class=”aligncenter shadow” suffix=”24/7″ css=”.vc_custom_1571800942146{border-top-width: 15px !important;padding-top: 15% !important;padding-right: 10% !important;padding-bottom: 15% !important;padding-left: 10% !important;background-color: #ffffff !important;border-top-color: #1dc2ef !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_empty_space height=”10px”][/vc_column][vc_column width=”1/5″ offset=”vc_col-xs-12″ css=”.vc_custom_1554171889438{padding-right: 5px !important;padding-left: 5px !important;}”][counter type=”image” value=”3″ duration=”1000″ title=”Offices” class=”aligncenter shadow” suffix=”countries” css=”.vc_custom_1571800950901{border-top-width: 15px !important;padding-top: 15% !important;padding-right: 10% !important;padding-bottom: 15% !important;padding-left: 10% !important;background-color: #ffffff !important;border-top-color: #1dc2ef !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height=”40px”][vc_column_text]

Our team is here to help you succeed. Let’s get started

[/vc_column_text][/vc_column][/vc_row][/vc_section][vc_section full_width=”stretch_row” css_animation=”none” css=”.vc_custom_1554113771599{padding-top: 80px !important;padding-bottom: 30px !important;background-color: #ffffff !important;}” el_id=”solutions”][vc_row][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″][vc_custom_heading text=”Solutions” font_container=”tag:h6|font_size:10px|text_align:center” use_theme_fonts=”yes” el_class=”style1″][vc_empty_space height=”6px”][vc_custom_heading text=”How to avoid default on a merchant cash advance” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_empty_space height=”60px”][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]If you’re reading this article you probably have a merchant cash advance and are having trouble making the payments.
It’s likely you’re either about to default, or have already defaulted.
Regardless of the situation you have options. One of those options is working with a business debt settlement company like Lawscape.
At Lawscape, we’re able to help you understand your options.

For example, if you signed a COJ – we’ll advise you on what the implications of this are, and how it might impact your business. We’ll also advise you on how to protect your assets so that your personal assets or other assets not tied to your business aren’t in jeopardy.
Our main objective is to help your business survive. Our primary focus is on working with the lender you took the merchant cash advance from and working on settling it. If you work with us, and allow us to engage in business debt settlement on your behalf – this can be a great alternative to defaulting on your merchant cash advance.
If you ignore your financial problems and simply default, it can have serious consequences, including repossession of company assets, etc.
Understand this: merchant cash advances are not loans. They are commercial transactions based on your future revenue. MCA lenders DO NOT report to credit bureaus. If you fail to make payments on time this does not impact your personal credit score. Lenders are not allowed to seize your personal property or personal assets to repay the loan.
When you speak to Lawscape, what we do is do a financial evaluation of your business and how the merchant cash advance is harming it. Based on financial modeling, we use data and numbers to show that the merchant cash advance is having an immense negative impact on your business and creating a hardship.
Using this hardship information, we work to lower the overall debt you owe and get the lender to work with you. If you work with Lawscape, it might be possible to show the lender that this merchant cash advance is in jeopardy of being a default and you might have to file bankruptcy due to the stress it’s putting on you.
Most lenders would rather engage in business debt settlement than see you file bankruptcy – which would result in the merchant cash advance lender getting potentially absolutely nothing.

In summary, instead of defaulting – work with Lawscape and get a risk free evaluation. We can help you avoid defaulting, by settling your merchant cash advance debt.

[/vc_column_text][/vc_column][/vc_row][/vc_section][vc_row full_width=”stretch_row” css=”.vc_custom_1554177677427{padding-top: 80px !important;padding-bottom: 80px !important;}” el_id=”case”][vc_column][vc_row_inner][vc_column_inner width=”1/4″][/vc_column_inner][vc_column_inner width=”1/2″][vc_custom_heading text=”WE’RE ALL ABOUT HELPING PEOPLE” font_container=”tag:h6|font_size:10px|text_align:center|color:%23627792″ use_theme_fonts=”yes” el_class=”style1″][vc_empty_space height=”6px”][vc_custom_heading text=”RESULTS MATTER” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_empty_space height=”20px”][/vc_column_inner][vc_column_inner width=”1/4″][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width=”1/6″][/vc_column_inner][vc_column_inner width=”2/3″][vc_column_text]

We’ve helped businesses and consumers alike, regardless of the size of your business or what business challenges you’re facing.

[/vc_column_text][vc_empty_space height=”50px”][/vc_column_inner][vc_column_inner width=”1/6″][/vc_column_inner][/vc_row_inner][projects mode=”grid” columns=”2″ filter=”no” limit=”2″ offset=”” equals=”yes” thumbnail_size=”1200×400″ readmore_text=”Discover how we help” categories=”Cyber Security”][vc_empty_space height=”20px”][/vc_column][/vc_row][vc_section full_width=”stretch_row” css=”.vc_custom_1554258680913{border-right-width: 30px !important;border-left-width: 30px !important;padding-top: 80px !important;padding-bottom: 60px !important;background-color: #322943 !important;border-left-color: #f3f6f9 !important;border-left-style: solid !important;border-right-color: #f3f6f9 !important;border-right-style: solid !important;}” el_id=”customers” el_class=”fix-border”][vc_row][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″][vc_custom_heading text=”INDUSTRIES WE SERVE” font_container=”tag:h6|font_size:10px|text_align:center” use_theme_fonts=”yes” el_class=”style1″][vc_empty_space height=”6px”][vc_custom_heading text=”WE WORK WITH CLIENTS NATIONWIDE” font_container=”tag:h2|text_align:center|color:%23ffffff” use_theme_fonts=”yes”][vc_empty_space height=”20px”][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]

We’re dedicated to helping consumers and business owners alike escape the jaws of debt. Come to us with your challenge, and we’ll give you the BEST solution.

[/vc_column_text][vc_empty_space height=”60px”][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][/vc_section][vc_row full_width=”stretch_row” css=”.vc_custom_1554258690307{border-right-width: 30px !important;border-left-width: 30px !important;padding-top: 80px !important;padding-bottom: 50px !important;background-color: #ffffff !important;border-left-color: #f3f6f9 !important;border-left-style: solid !important;border-right-color: #f3f6f9 !important;border-right-style: solid !important;}” el_class=”fix-border”][vc_column css_animation=”none”][vc_row_inner gap=”35″ css=”.vc_custom_1554176941902{padding-right: 3% !important;padding-left: 3% !important;}”][vc_column_inner width=”1/2″][testimonial name=”Elena” image=”809″ subtitle=”Brooklyn, NY” class=”style2″]Lawscape was amazing. They were so transparent, and did absolutely everything to make me feel comfortable about the process. I truly recommend them.[/testimonial][/vc_column_inner][vc_column_inner width=”1/2″][testimonial name=”Richard” image=”814″ subtitle=”New York, NY” class=”style2″]I reached out to Lawscape after looking for options online, and frankly wasn’t impressed by other people online. I loved their website, and how blunt they were. I trust them unconditionally.[/testimonial][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_section css=”.vc_custom_1554177023378{padding-top: 60px !important;padding-bottom: 80px !important;}” el_id=”contact”][vc_row equal_height=”yes” content_placement=”middle” css=”.vc_custom_1554109417427{margin-right: 0px !important;margin-left: 0px !important;background-color: #ffffff !important;}” el_class=”shadow”][vc_column width=”5/12″ css=”.vc_custom_1554171397714{padding-top: 50px !important;padding-right: 10% !important;padding-bottom: 50px !important;padding-left: 10% !important;background-color: #231834 !important;}” el_class=”bg-bottom”][vc_custom_heading text=”How It Works” font_container=”tag:h6|font_size:10px|text_align:center” use_theme_fonts=”yes” el_class=”style1″][vc_empty_space height=”6px”][vc_custom_heading text=”GET HELP TODAY” font_container=”tag:h2|font_size:24px|text_align:center|color:%23ffffff” use_theme_fonts=”yes”][vc_empty_space height=”10px”][vc_column_text]

Please contact us today so we can get to work immediately on your behalf.

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Let’s Talk

We’ll talk about your debt, and the various options available to you.[/iconlist_item][iconlist_item type=”etline” icon_etline=”icon-gears”]

Choose Your Plan

We’ll offer you a number of solutions we think could work for you to settle your debt.[/iconlist_item][iconlist_item type=”etline” icon_etline=”icon-target”]

Start Your IT Experience

Enroll in our program, and we’ll get to work immediately on your behalf and start the settlement process.[/iconlist_item][/iconlist][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”7/12″ css=”.vc_custom_1553744548749{padding-top: 40px !important;padding-right: 10% !important;padding-bottom: 50px !important;padding-left: 10% !important;}”][contact-form-7 id=”355″][/vc_column][/vc_row][/vc_section]