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A curated hub for small-business owners facing unsupportable debt—practical guides to non-bankruptcy debt resolution that preserve core business value and jobs while aligning outcomes for owners and creditors. Expect explainers on reorganizational fundamentals, resolving personal guaranties, and tactical moves across SBA loan workouts, MCA exposure, tax and lease obligations, and vendor/landlord negotiations—showing paths to either a turnaround or an orderly exit.
Originally published in ABF Journal. This guide cuts through the noise in the MCA debt relief market, helping business owners, lenders, and advisors distinguish real restructuring solutions from high-risk “relief” tactics that can make a bad situation worse. This is an independent MCA debt relief firm comparison guide intended to support business owners, lenders, and…
Faced with over-advances and stacked MCAs, Sallyport Commercial Finance achieved full recovery through a borrower’s Article 9 restructuring that preserved collateral, stabilized operations and avoided liquidation losses. Sallyport Commercial Finance was over-advanced on a $1 million factoring line to a Hawaii-based trucking and logistics firm, exceeding collateral by nearly 25%. An additional $200,000 second-position cash-flow…
Originally published in ABFJournal on January 23, 2023 Handaband USA was a thriving business in the oil and gas market in Texas until unpredictable fuel prices made it difficult to sustain its growth. This is the story of how its previous lender (Crestmark), an Article 9 reorganization, its current owner (Logan Fund) and its newly…
Originally published in Journal of Corporate Renewal on October 6, 2025. In 2023, Namco Pool & Spa was on the brink of financial failure—overleveraged, burdened by nonperforming leases and facing a liquidity crisis. Bankruptcy would have wiped out key investments, strained customer and supplier relationships and drained resources in protracted proceedings. Instead, two TMA member…
Writing a hardship letter that gets accepted isn’t about tugging heartstrings—it’s about clarity, credibility and context. When you submit an SBA Offer in Compromise, your hardship letter is one of the few chances you have to tell your story directly. While the required forms—SBA 770 (personal financial statement), SBA 1150 (offer justification), tax returns, bank…
ABL Advisor listed Second Wind Consultants as a top-recommended firm for MCA-distressed borrowers. See original article here. The Problem with Online MCA Debt Relief Promises When distressed business owners search online for merchant cash advance help, they’re often met with promises of fast relief and massive payment reductions. But for borrowers, lenders, and restructuring professionals…
What you need to know about UCC 9-406 and how to protect your interests. Merchant Cash Advance (MCA) providers have gained a reputation for aggressive collection tactics, but one of their most disruptive and legally questionable strategies involves the misuse of UCC 9-406—a provision meant to protect secured lenders. When misused, this tactic redirects borrower…
Merchant cash advances, while easy to acquire, often come with high repayment costs and confusing terms, leading many owners to ask: Are MCA loans legal? Merchant cash advances (MCAs) are increasingly popular among businesses that can’t secure traditional bank loans or need a quick infusion of capital. They’re easier to qualify for than traditional loans and…
As a small business owner, you can’t play to win by being the cheapest. Competing on price alone drains your profit and destroys your brand. The big-box retailers and online giants can always sell for less—they have the scale and ad budgets to do it. Your job isn’t to be cheaper. It’s to be more…
Summary The coronavirus pandemic wreaked havoc on many small businesses and these franchise fitness owners were no exception. By the time the couple reached out to Second Wind Consultants (“SWC”), they were $2MM in debt. Selling the business would have resulted in huge financial losses for their family–not to mention a failure for the franchise…
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Speak with a specialist who can evaluate your situation and reveal strategies to help your business.
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