Pamela, is the owner of a growing meal delivery business. She was trying to find a relief route to cope with the payment of four separate Merchant Cash Advances (MCAs) that turned out to be a financial nightmare. She obtained those loans to secure quick cash for supplies. While the loans allowed Pamela to breathe a little easier, they soon turned into a considerable burden with the pressure of the day-to-day payments. With a total debt of $180,000 and weekly payments of $9,374, the continuous outflow of cash was hindering her business operation and opportunities to grow the business.

Pamela realized that the matter was exceedingly serious and decided to approach us for assistance. We immediately took action, went through all the terms in the MCAs, and came up with a solution that would reduce her financial burden. With her husband’s savings already diminished and her bank accounts being left with insufficient funds because of the daily payments, Pamela needed a manageable way to repay the amount that would allow her business to survive and expand.

We prioritized our goal to negotiate with her creditors, aiming to restructure the debt and convert the overwhelming daily and weekly payments into more sustainable weekly installments. Within a month, we concluded settlements with all of Pamela's creditors so that she could sustainably pay amounts while keeping her business operations intact.

Today, 70% of Pamela's debt has been amortized; she is just a few months away from embracing a debt-free life. With our intervention, Pamela has a firm grip on her finances to focus on bringing “Solutions Health” to the limelight. Solutions Health is now thriving, a testament to the power of debt negotiation and effective financial management.