What To Do if I am a Victim of Merchant Cash Advance (MCA) loan Fraud?
- MCA Exposed
- Aug 8
- 2 min read
Updated: Aug 28
If you just found out you were scammed by a merchant cash advance (MCA) loan company, you may feel scared and stuck. The good news is there are clear steps you can take to protect yourself.
Here’s what to do right away:
Step 1: File a Report With MCA Exposed
The first thing to do is tell your story. Go to our Make a Report page and share what happened.
Why this matters: Most government agencies collect reports but do not act on each one. By bringing all stories together in one place, we build a bigger case that shows a pattern of fraud. This helps fight back for every business, not just one.
Step 2: Contact an Attorney who knows Merchant Cash Advance Loan Fraud
Find a lawyer who knows MCA fraud cases. If you don’t have one, we can connect you.
Why this matters: A lawyer can explain your rights. They can protect you from harassment by collectors. They can start legal steps to fight back.
Step 3: Keep Making Payments (For Now)
Even if you know it’s a scam, keep paying until you have a lawyer.
Why this matters: If you stop paying too soon, the MCA company may threaten lawsuits, freeze your account, or pull money in other ways. Staying current protects you until your attorney is ready to act.
Step 4: Have Your Attorney Send Notice
Once you hire an attorney, ask them to send a letter right away to everyone involved — the broker, the funding company, the processor, and the collector.
Why this matters: This puts all parties “on notice” that fraud has been claimed. It locks in your rights and shows you are taking action.
Step 5: Keep Everything and Document Everything
Save every paper, email, text, and bank statement. Write down dates, names, and what was said.
Why this matters: Every little detail can be evidence. Screenshots, emails, and call notes can prove fraud. The more
you keep, the stronger your case will be.
Step 6: File Official Complaints to Build a Paper Trail
File reports with the FBI Internet Crime Complaint Center (IC3.gov), your State Attorney General’s Office, and the Federal Trade Commission (FTC.gov).
Why this matters: Each report creates an official record. Even if the agency doesn’t act right away, the paper trail helps your attorney and builds pressure. If many victims report, it pushes regulators to act on MCA fraud as a bigger issue.
Final Thoughts
If you are a victim of a merchant cash advance scam, you are not alone. Many small business owners have been tricked by fake promises, forged papers, and aggressive collections.
The steps are simple: report it, get a lawyer, protect your business, document everything, build a paper trail.
Start today by filing your story below:
