Fresh Start Financial is a subsidiary of Gateway Capital Corp. Since 2008, GCC has generated nearly $1.0 Billion in demand in the form of lead generation for the top Funders and ISOs in the MCA space. As the industry changed and decline rates increased, we pivoted to MCA Settlement and Restructuring to provide Funders and ISOs recovery and revenue opportunities on over-leveraged Merchants. As MCA industry veterans, we are uniquely positioned to apply our experience to this growing business trend.
Referral Partners earn fees based on the total amount of liabilities the Merchant is currently carrying. Depending on the age and completeness of a file, we pay Res 2% - 4% of the liabilities the Merchant chooses to restructure or work-out. The average "enrolled liability" is $90,000. RP commissions are paid in full as soon as the client completes his or her fourth monthly restructuring payments.
When a Merchant is declined or the offer you have for him is insufficient to meet his objectives, you or your sales rep simply says, “We work with a company that helps businesses with cash flow issues. I’m sending them your information and they’ll give you a call”. Send us the info, we confirm the status, send you a receipt, and our closers take it from there.
We are dedicated to 100% transparency. Every Referral Partner receives a weekly activity report listing the status of all your referrals including payments and commissions.
We negotiate realistic and ethical solutions for Merchants suffering hardship because of too many cash advances and, in some cases, unrelated commercial debts.
Indeed, there are a few unscrupulous actors in the MCA settlement arena, targeting Merchants who find themselves choking on too many cash advances with exaggerated promises of financial freedom. Certainly, Merchants should be cautious; that is why we invite clients to conduct full diligence on our company and affiliates.
For a Funder, a fair settlement can be less expensive and more reliable than in-house or outsourced collections or litigation. Funders negotiate with us because it’s just good business.
We work with Funders who refer defaulted Merchants and, if the client enrolls, we guaranty no less than 50% of the outstanding debt on “first out” basis versus any other stacked advances.