Delancey Street Launches Free MCA Debt Self-Assessment Tool for Business Owners
Delancey Street has introduced a free two-minute self-assessment tool to help small business owners evaluate their exposure to merchant cash advance (MCA) debt. The assessment, based on patterns from over 1,000 resolved cases, scores businesses across eight factors and provides plain English explanations of potential risks without requiring a credit check or obligation. The tool asks questions about the number of MCA positions held by a business, daily payment amounts relative to revenue, whether new debt has been taken on to cover existing payments, bounced debits, and legal notices. It categorizes exposure into four bands and offers next steps for owners seeking resolution options like contract reconciliation clauses. The launch highlights growing concerns over stacked MCA debt among small businesses, where multiple advances can consume a significant portion of daily revenue. Delancey Street aims to help business owners identify warning signs early before their financial situation deteriorates further.
Topics: debt_relief merchant_cash_advances small_business_tools