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:
42%

$3,357.35

/Week

Previous MCA Payments

$984.10

/Week

New Restructured MCA Payments

$2,373.25

Weekly Savings
$74,141.89
Total Original Debt
$43,000
Settlement Amount
$31,141.89
Saved
6+ 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Debt” means the asserted balance or balances included in the settlement calculation and may exclude other enrolled, withdrawn, excluded, or unresolved obligations.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

“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:
42%
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, 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

42%
Savings
Debt:
$56,422.56
Paid
$36,000.00
a document with black text
60.5%
Savings
Debt:
$17,719.33
Paid
$7,000.00
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!

Please enter valid email address
Please enter valid phone number
Thanks for contacting us
Our experts will contact you soon
Oops! Something went wrong while submitting the form.

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.