Residential Flooring Company Debt Relief Success Story

“My business’s finances got real bad paying these loans because of the high interest, and they would charge every single day. I started worrying about it. So I contacted Coastal Debt Resolve.”
~ Pedro Lins

Results Snapshot

Debt Reduction Achieved:
38.5%

$5,898.72

/Week

Previous MCA Payments

$1,550.13

/Week

New Restructured MCA Payments

$4,348.59

Weekly Savings
$14,642.80
Total Original Debt
$9,000
Settlement Amount
$5,642.80
Saved
7+ Months
Time In Program:

Information About the Results Snapshot

The figures shown reflect the individual client experience described on this page and are based on client-reported information, applicable program records, and the settlement terms included in the calculation.

 

For purposes of the Results Snapshot:

 

  • “Previous MCA Payments” means the client-reported aggregate weekly MCA payments or withdrawals before enrollment.
  • “New Restructured MCA Payments” means the client’s scheduled weekly contribution to the Coastal Debt Resolve program. It is not necessarily a payment made directly to creditors and may include Coastal Debt Resolve fees, authorized third-party fees, and funds intended for settlements.
  • “Weekly Savings” means the difference in scheduled weekly cash outflow between the client-reported prior MCA payments and the weekly program contribution. It does not represent net economic savings.
  • “Total Original Debt” means the asserted balance or balances included in the settlement calculation and may exclude other enrolled, withdrawn, excluded, or unresolved obligations.
  • “Settlement Amount” means the amount or amounts paid or payable under the negotiated settlement arrangements included in the calculation.
  • “Saved” means the gross difference between the asserted balances and negotiated settlement amounts. It does not represent net savings after Coastal Debt Resolve fees, authorized third-party fees, taxes, or other costs. If payments remain ongoing, the reduction is contingent upon timely completion of the applicable settlement terms.
  • “Time in Program” means the period from enrollment through the date of the Results Snapshot and does not necessarily mean that the program or every enrolled obligation has been completed.

 

This testimonial reflects an individual business experience. Results vary based on individual circumstances and creditor participation, and outcomes are not guaranteed

“I’m very happy because they are helping me through this. If you have an MCA loan, contact Coastal Debt Resolve. They are a very good company.”
~ Pedro Lins

How

Best Flooring Deal LLC

Succeeded

The Challenge

For Pedro Lins and Best Flooring Deal LLC, the primary obstacle was the relentless cycle of daily Merchant Cash Advance (MCA) withdrawals. Payments totaling $5,898.72 every single week pushed Pedro’s business to the breaking point. He needed a professional, above board strategy to stop the daily suffocation and reclaim control of his business.

Meet the team

Debt Reduction Achieved:
38.5%
Nathan Mor, the Director of Settlement Operations at Coastal Debt Resolve, smiles with a blue-collared shirt.
Nathan Mor
Settlement Advisor Spotlight

With eight years of experience, Nathan Mor has encountered virtually every MCA debt scenario imaginable. He leverages this deep industry knowledge to quickly assess your unique situation and engineer the best possible path to relief.

“For me, the ultimate reward is seeing a business owner regain control of their operations and chart a clear path toward financial freedom.”

Account Manager Spotlight

Having assisted over 100 clients with MCA debt relief, Carlos Sanchez is someone every small business owner needs in their corner through this journey. Overcoming debt isn’t easy for anyone. But Carlos will walk you through our structured process to help you achieve the long-term relief you’re looking for.

“It’s rewarding to see clients grow and succeed in the program. I’m on their side every step of the way, and it's nice to hear how much I’ve helped them navigate obstacles.”

Carlos Sanchez, and MCA debt account manager at Coastal Debt Resolve, smiles with a dark-blue button down shirt.
Carlos Sanchez
Proof

Settlement Documents

38.5%
Savings
Debt:
$14.642.80
Paid
$9,000
a document with black text

Information About the Settlement Results

“Debt” means the asserted balance or balances included in the calculation. “Paid” means amounts paid or payable under the applicable settlement arrangements and does not necessarily mean that all settlement payments have been completed. “Savings” means the gross difference between those amounts, not net savings after Coastal Debt Resolve fees, authorized third-party fees, taxes, or other costs. If payments remain ongoing, the stated reduction is contingent upon timely completion of the applicable settlement terms.Coastal Debt Resolve is not a law firm and does not provide legal, financial, or professional advice. Services are provided exclusively to businesses, not consumer or personal debt relief. Debt-resolution outcomes are not guaranteed.

Start resolving your MCA debt today with your own dedicated team!

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Frequently asked questions

How quickly did Pedro Lins see a reduction in his payments?
The restructuring process for Best Flooring Deal LLC was completed in 7 months. During this time, Coastal Debt Resolve worked to immediately address the cash flow crisis, eventually reducing the weekly burden from nearly $6,000 down to $1,550.
What was the total percentage of debt reduced for this flooring company?
Through strategic negotiation, we achieved a 38.5% total debt reduction for Pedro Lins. This resulted in a total savings of $5,642.80 on the principal balance of his advances.
How did this impact the company's weekly cash flow?
This was the most significant win for the client. By restructuring the terms of the advances, we saved the business $4,348.59 every single week. This restored the operational capital Pedro needed to keep his flooring business running without the threat of daily bank account sweeps.
Did Pedro have to file for bankruptcy to achieve these results?
No. This case study is a prime example of a Bankruptcy Diversion Strategy. We were able to settle the debt and restructure the payments without Pedro ever having to step foot in a bankruptcy court or shutter his business.
Are these results typical for a flooring or construction-based business?
While every case is unique, flooring and construction are some of the industries often hit hardest by high-frequency MCA withdrawals. Pedro’s success is a strong example for business owners who take a proactive, professional approach to debt advocacy rather than waiting for a default to occur.