Results 1 to 8 of 8
Threaded View
-
09-26-2023, 11:02 AM #8
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
They are similar but not the same, with debt restructuring we are only going after the term they have to pay back rather than with settlement where they try to reduce the debt amount. The savings achieved are similar your merchant saves 50-70% a week in payments. The total cost however is far less with restructuring and it moves far faster, I typically have new agreements from the lenders in the span of a week, whereas with debt settlement the client will pay fees for 1-3 months before the settlement company even picks up a phone to call a lender and attempts to settle. The lenders also get paid off in full which keeps them as happy as they can be in this situation. To my knowledge, the only person offering debt restructuring on this forum for MCA's is my firm feel free to give me call directly.
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
Similar Threads
-
I'll fund your deals that have a restructuring deal in place
By zalman in forum PromotionsReplies: 0Last Post: 03-11-2021, 03:28 PM -
Second Wind Consultants - MCA Debt Restructuring
By JPendergast in forum Merchant Cash AdvanceReplies: 3Last Post: 06-29-2017, 12:27 PM -
Bad Debt
By Collection Specialist in forum PromotionsReplies: 0Last Post: 04-24-2017, 07:49 PM -
MCA Debt Settlement
By RogueCaliISO in forum Merchant Cash AdvanceReplies: 3Last Post: 01-30-2017, 08:44 AM -
No More Bad Debt
By Collection Specialist in forum PromotionsReplies: 1Last Post: 02-10-2015, 03:19 PM