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Originally published in ABF Journal. Michael Petrecca is a rising leader dedicated to creating sustainable pathways for businesses navigating financial distress. As co-founder and CEO of Rise Alliance, Petrecca has evolved his perspective from seeing specialty finance as merely a source of capital to understanding it as a critical tool for operational stability. He recognized that for…
Originally published in ABL Advisor. Michael Petrecca of Rise Alliance and Adam Duso of Second Wind Consultants join Michael Toglia, Publisher of ABL Advisor, for a timely and insightful conversation on the escalating Merchant Cash Advance (MCA) debt crisis impacting small businesses nationwide. Together, they examine the structural challenges facing borrowers amid limited refinancing options, the…
For many business owners, the moment arrives suddenly. The daily withdrawal hits your account. You check the balance. And you realize you simply can’t cover it. Merchant Cash Advances (MCAs) are marketed as fast and flexible working capital. But when revenue dips, inventory gets delayed, or another advance is taken to cover the first, the…
The merchant cash advance industry didn’t stumble into its current form by accident. It was built this way—fast approvals, aggressive collections, broker incentives tied to volume and a product structure that systematically closes off every responsible exit. For business owners searching for merchant cash advance help, understanding the system is the first step toward breaking…
If you’re carrying MCA or high-cost debt, you’ve almost certainly signed a personal guarantee. That means if the business can’t pay, creditors can come after you personally—your savings, your home, your future. It’s one of the heaviest burdens a business owner can carry. And it’s the one most debt relief firms are least equipped to…
There is a reason the “negotiate-only” pitch is everywhere right now. It is easy to sell. It requires no legal infrastructure, no structural expertise and no real commitment to what happens if a creditor says no. For firms operating on volume and upfront fees, it is a nearly perfect product. For the businesses buying it,…
When a business owner is buried under merchant cash advance debt, every offer of relief sounds like hope. But not all solutions are what they seem. Some firms promise to reduce payments by 80 percent. Others tell business owners to stop paying lenders entirely while they “negotiate” on their behalf. Both approaches have a compelling…
The debt relief industry has a problem it would prefer you not examine too closely. A significant portion of the firms marketing MCA relief to distressed business owners are not in the business of saving companies. They are in the business of collecting fees while companies fail. The “stall and save” model is the clearest…
Originally published in ABL Advisor. Adam Duso of Second Wind Consultants and Curtis Powell of nFusion Capital meet with Michael Toglia of ABL Advisor to explore the complex intersection of Article 9 proceedings, balance sheet restructuring, and the growing influence of Merchant Cash Advances on the factoring and financing landscape. The conversation also delves into the recently…
Merchant cash advance agreements contain a provision that, if properly enforced, fundamentally limits what a lender can collect during periods of reduced revenue. It is called the reconciliation right. It is written into most MCA contracts. And according to ABF Journal, one of the most authoritative publications in secured finance, MCA lenders routinely ignore it,…
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