Originally published in ABL Advisor.
Michael Petrecca of Rise Alliance and Adam Duso of Second Wind Consultants join Michael Toglia, Publisher of ABL Advisor, for a timely and insightful conversation on the escalating Merchant Cash Advance (MCA) debt crisis impacting small businesses nationwide. Together, they examine the structural challenges facing borrowers amid limited refinancing options, the dangers of receivable interception, and the shortcomings of traditional debt relief strategies. They also explore practical restructuring frameworks, key DSCR stabilization benchmarks, a staged path toward asset-based lending, and how senior secured lenders increasingly view structured rehabilitation as a value-maximizing alternative to liquidation.