New Hampshire Food Delivery Services MCA Debt Relief Success Story

“I got involved with these MCAs. Before I knew it, these payments were catching up to me. Watching this money come out of my bank account every day, it got wild. I got scared.”
Ed Sweeney

Results Snapshot

Debt Reduction Achieved:
36.2%

$2,353.00/Week

Previous MCA Payments

$1,003.41/Week

New Restructured MCA Payments

$1,349.59

Weekly Savings
$56,422.56
Total Original Debt
$36,000.00
Settlement Amount
$20,422.56
Saved
6+ Months
Time In Program:
“So, one night I prayed. I said, ‘Lord, send me something to get me out of this mess.’ I woke up in the middle of the night. I scrolled down. I found Coastal Debt Resolve.”
Ed Sweeney

How

Sweeneats Food Delivery Services

Succeeded

The Challenge

Ed Sweeney wanted the same thing for his business that every business owner wants, to grow. MCAs are often advertised as a means to scale a business. But the weekly payments kept Mr. Sweeney from paying for his company’s basic needs and instead pushed him to the brink of bankruptcy. He needed the weekly payments reduced to something he could handle.

Meet the team

Debt Reduction Achieved:
36.2%
A headshot of Nathan Mor, the Senior Debt Settlement Advisor, at Coastal Debt Resolve in a blue shirt.
Nathan Mor
Settlement Advisor Spotlight

With eight years of experience and over 500 successful cases, 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.” ~ Nathan Mor

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 hep 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

Carlos Sanchez, Account Manager at Coastal Debt Resolve, smiling in a professional headshot wearing a dark navy button-down shirt against a neutral gray background.
Carlos Sanchez
Proof

Settlement Documents

36.2%
Savings
Debt:
$56,422.56
Paid
$36,000.00
a document with black text

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Frequently asked questions

How much did this New Hampshire food delivery services company save on their MCA debt?
Through Coastal Debt Resolve, Ed Sweeney achieved a 36.2% reduction in his total debt, saving a total of $20,422.56.
What were the weekly savings for Ed Sweeney?
The program reduced weekly MCA withdrawals from $2,353.00 down to $1,003.41, resulting in an immediate weekly cash flow improvement of $1,349.59.
How long did the debt settlement process take for this delivery service case?
This specific resolution for the New Hampshire food delivery services was achieved in over 6 months in the program.
How do I know if I have a Merchant Cash Advance (MCA)?
It can be challenging to tell the difference between an MCA and a loan. One sign that you may have merchant cash advances is if you see automatic ACH withdrawals every single business day (Monday–Friday) or once a week? Traditional loans are almost always monthly.
Why did Ed Sweeney need MCA relief?
Unrelenting daily withdrawals were draining his bank account, making it impossible to keep up with the "wild" pace of payments that were catching up to his business.