Start With a Document Checklist
Before you respond to a merchant cash advance, gather the paperwork that controls what the lender can collect and how they must calculate repayment. Use this checklist: (1) the original funding agreement and any schedules; (2) all repayment notices, payment histories, and bank statements showing withdrawals; (3) merchant account statements or processing reports used to justify the “daily/weekly” payment amount; (4) any notices of default, acceleration, How to fight an MCA or changes to repayment terms; (5) correspondence, emails, and calls logs; and (6) your business records that reflect revenues and deposits during the repayment period. Organize everything by date and keep a clean copy trail. This makes it easier to spot mistakes, confirm whether the math matches the contract, and support a clear defense strategy.
Scrutinize the Contract and the Repayment Math
Many disputes turn on whether the lender followed the contract exactly. Review the agreement for: the exact factor amount, purchase price, repayment cap or true limit (if stated), default triggers, notice requirements, and any provisions about how payments are calculated. Then verify the numbers. Compare what the lender says is due against the deposits and Merchant Cash Advance Laws the method they claim to use. Also check whether the lender’s statements reflect the correct timing, fees, and any adjustments required by the contract. If there is a mismatch, you may have grounds to dispute the amount demanded, challenge collection practices, or demand corrected accounting.
Build Your Defense and Respond Strategically
When you are considering how to contest an MCA, focus on both process and substance. Create a response plan that includes: (1) a written request for full accounting and supporting documents; (2) a dispute letter outlining specific errors rather than general complaints; (3) preservation of evidence, including records of any communications and transaction history; and (4) a review of whether the lender’s actions align with and the terms of your agreement. If harassment, improper withdrawal timing, or misleading statements occurred, document those facts. In many cases, a well-prepared legal demand can push the situation toward correction, settlement, or dismissal of improper collection efforts.
Conclusion
If you want to fight an MCA effectively, start with a thorough document checklist, then verify the contract terms and repayment calculations, and finally respond with a disciplined, evidence-based strategy. GRANT PHILLIPS LAW, PLLC can help you evaluate your agreement, identify collection or accounting issues, and pursue the most appropriate next steps with clarity and care through the process at Grantphillipslaw.com.