If you are struggling with your repayments, our primary goal is to engage with you promptly and constructively to avoid defaults. If a payment due on your MCA fails, we will start by reaching out via email, calls and texts. If you respond to these we can work together to find a solution. This might include devising a practical payment plan allowing you to settle the arrears gradually over time. Keep in mind that this approach may require providing collateral to support the repayment arrangement.
Timely communication is crucial. We urge you to connect with us as soon as possible in case of default, so we can provide optimal assistance. If mutual understanding cannot be reached, we may need to take further steps, such as involving a collection agency or pursuing legal recourse. However, our commitment to collaboration remains steadfast – we're dedicated to working with you to find a solution that benefits everyone involved. Rest assured, we're here to support you and facilitate a positive outcome.