The buyer of what had been an $80 million nationwide e-commerce consumer products business was dealing with a dramatic decrease in sales over the first three years of ownership and wanted to shutter the business. With the company threatening to turn over the keys within weeks, the lender brought in...
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Following the acquisition of a multi-unit franchise operation of a national fast-food brand, the company was struggling to achieve the operating performance levels to fund its operations and perform on its debt obligations. The challenges included staffing shortages, rising costs, declining revenues, and underperforming locations – most of which were...
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A chain hotel based in the Southwest was experiencing a dispute between the managing and minority members regarding alleged financial improprieties and business mismanagement. MCA was referred by the mediator to conduct a forensic review of the hospitality company’s financial records to assess their accuracy and investigate potential irregularities; to...
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Prior to the pandemic, a multibillion-dollar international commercial lender loaned over $30 million to a commercial real estate developer secured by a mixed-use real estate property in a major Western city. Within two years, the borrower failed to meet its covenant requirements, going into default, and subsequently failed to make...
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A large regional SaaS provider in the beauty and wellness industry was experiencing critical cash flow issues. Those issues were largely tied to technology spend for future features and perceived future offerings by the company, but limited customer support and data existed to justify the strategy. MCA was engaged by...
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A lower-middle-market company in the e-commerce and print-on-demand fulfillment industry was under an LOI to be acquired by a third party. When the buyer backed out, the company was left with minimal liquidity, putting the senior secured creditor and the company itself at risk. MCA was retained by the CEO...
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MCA was appointed by the court as receiver over a distressed-flagged hotel property following a loan default by the ownership entity. The secured loan included participation by a commercial bank and the SBA. The property’s financial condition had deteriorated significantly over time, including unpaid federal and state taxes and vendor...
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MCA recently marked its ninth year of providing financial services to a large regional, branded casual restaurant chain, supporting a variety of corporate finance, business strategy, and CFO-level needs. Throughout the long-term relationship, MCA has played a key role in the chain’s growth planning and strategic decisions. From lender compliance...
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MCA Financial Group was retained by the senior secured lender as a financial advisor and restructuring advisor for the Chapter 11 bankruptcy of an international mid-market aerospace and defense technology manufacturer. The lender had provided secured financing in early 2023, with the loans later exchanged and extended before ultimately defaulting...
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For many businesses, their first acquisition is the most daunting, with uncertainties and concerns about risk, cost, and process—heightened when dealing with a distressed transaction. MCA was engaged by a large non-profit Federally Qualified Health Center (FQHC) in the Southwest to execute its first-ever acquisition. As a provider of a...
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When a Southwest-based psychiatric hospital went into default on its real estate loan and revolving line of credit, the secured lender appointed MCA Financial Group as receiver. The objective? To ensure continuity of operations and patient care while preserving the going-concern value of the hospital during the receivership sales process....
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Following the sale of all locations of a $30 million themed restaurant chain, the buyer alleged misrepresentation and fraud on the part of the seller. MCA Financial Group was retained as an expert witness for the seller in an arbitration in which the buyer’s claims included allegations of fraud, specifically...
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A mid-market international craft beverage equipment manufacturer was experiencing a combination of deteriorating financial performance and liquidity constraints amid a broader downturn in the craft beverage industry. The situation was exacerbated by the challenges of managing a global vendor base, as well as the cost pressures resulting from tariffs in...
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As 2025 draws to a close, many companies are ending the year with a now-familiar mix of opportunity and constraint. Interest rates have stayed above pre-pandemic levels, liquidity has been available to some and uneven for others, and investor expectations have kept pace with the rapidly changing operating realities. Decision...
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When a $60 million international public seed company specializing in sorghum and alfalfa suddenly exhausted its ABL borrowing base in the spring of 2025, the combination of geopolitical disruption in key export markets, a complete import ban in one of its largest international territories, and new U.S. tariff regimes had...
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MCA Financial Group advised a leading regional construction and infrastructure services company following an unsolicited acquisition proposal from a private equity firm pursuing a broader consolidation strategy within the industry. The client, a long-established provider of asphalt paving and maintenance solutions, engaged MCA to evaluate the offer, assess valuation and...
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MCA Financial Group served as Assignee to a mid-sized furniture distributor in connection with an Assignment for the Benefit of Creditors (ABC). The distributor supplied furniture to e-commerce platforms and major retailers in North America, operating from a central warehouse and sourcing products internationally. In 2024, it generated $48.9 million...
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MCA Financial Group was retained by Monroe Capital, a secured lender, to act as the Assignee for the Benefit of Creditors (“ABC”) and oversee the dissolution of a data protection and storage software company operating internationally across approximately 150 countries. The client engaged MCA to manage the wind-down of the...
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Following the passing of its founder, an international aerospace and defense company required an independent valuation to support the estate's federal estate tax filing. The estate's representative engaged MCA Financial Group to provide a defensible analysis under sensitive and time-critical circumstances. With the founder and chief executive no longer available,...
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MCA Financial Group was engaged as Chief Restructuring Officer by a national manufacturer of printer toner cartridges serving customers across the U.S. and Canada. The engagement was initiated at the request of the secured lender, which sought independent oversight of operations, liquidity, and the transition of the business to a...
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MCA Financial Group was engaged as a financial expert in a complex litigation matter involving a senior executive recruited to lead operations for a major resort development project. The project ultimately failed, triggering a dispute over significant unpaid compensation and denied investment opportunities that had been central to the executive’s...
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Client Overview MCA Financial Group was engaged by a venture-backed SaaS company based in Silicon Valley specializing in enterprise cloud data protection. Backed by leading institutional investors, the company developed a cloud-native platform for secure backup and recovery of mission-critical data for global enterprise clients. Situation The company sold its...
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MCA was engaged to serve as Chief Restructuring Officer for a regional seller of manufactured homes operating in California and Arizona. With approximately $30 million in annual revenue, the company experienced operational disruption following the unexpected passing of its owner, together with the discovery of significant unrecorded liabilities. Early in...
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MCA Financial Group was retained as financial advisor with a stalled real estate development known as The Grid at Mesa, a six-story mixed-use property in Mesa, Arizona. The project, envisioned to include ground-floor restaurant space, second-floor office units, and four floors of residential studio apartments, was approximately 70% complete during...
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Client Overview The borrower is an end-to-end ad-tech marketing platform focused on serving enterprise clients. The company facilitates the planning, execution, and management of large-scale marketing-driven campaigns for international and national agencies for major brands. Situation Shortly after securing a credit facility, the borrower encountered liquidity issues, prompting immediate concerns...
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Client Overview MCA Financial Group was engaged by a specialty outdoor retailer with national e-commerce reach and physical locations in the Mountain West. The company employed approximately 120 individuals and generated annual revenue of $30–40 million. It offered niche sporting goods, including seasonal and high-performance equipment, to consumers across the...
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MCA Financial Group was retained by counsel to the board of a large Native Corporation to conduct a sensitive and complex internal investigation into allegations of financial misconduct at the executive level. The client is a major regional player across the U.S. and internationally, with over one million acres of...
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MCA Financial Group was engaged by a secured lender in a complex Chapter 11 bankruptcy involving a debtor with a portfolio of approximately 500 low-income residential properties. The debtor’s proposed reorganization plan sought to continue rental operations, rehabilitate properties, and reinvest proceeds into properties in more desirable locations. The lender...
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MCA Financial Group was engaged by a private equity-backed transportation management software and freight brokerage firm, with the support of its secured lender, to navigate a complex financial fraud. The engagement began when the company's principal shareholder misappropriated funds and abruptly disappeared, leaving behind a $15 million balance, undisclosed borrowing,...
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MCA Financial Group served as the financial advisor to a national commercial lender regarding the bankruptcy of a multi-location craft beverage company. The borrower, which operated brewpubs and distributed beer and spirits throughout the western United States, filed for Chapter 11 protection under Subchapter V. The lender engaged MCA to...
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MCA Financial Group was engaged by a secured lender in connection with the Chapter 11 bankruptcy of a borrower who owned a 200,000-square-foot office building in Houston, Texas. The borrower, facing foreclosure, filed bankruptcy to halt the Trustee's Sale and proposed a Plan of Reorganization to restructure its debts. MCA...
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MCA Financial Group provided critical restructuring and financial advisory services to a start-up biotech company specializing in the development of certain diagnostic devices. With 25 employees and operations based in the Southwest, the company faced insolvency due to limited remaining capital from its initial investments and a lack of revenue...
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In a recent engagement, MCA Financial Group provided litigation support, expert testimony, and economic analysis to a company in the residential and commercial solar installation industry facing a $50 million claim. The plaintiff alleged that our client conspired to recruit their key employees and misappropriate confidential trade secrets, primarily to...
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MCA Financial Group was recently retained to manage the cash flow and financial restructuring for a restaurant franchise with over 30 locations across four states, 800 employees, and $60 million in annual revenue. The engagement is centered on distressed mergers & acquisitions, as MCA helps the client navigate a complex...
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MCA Financial Promotes Excellence On July 1st, 2024, MCA Financial Group proudly announces the promotion of Daniel Gushin from Director to Managing Director, recognizing his exceptional contributions and leadership within the firm. Morrie Aaron, CEO of MCA Financial Group, highlights Daniel’s extensive expertise in turnaround & restructuring, litigation consulting,...
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In May 2024, MCA Financial Group was retained to assist a nationwide fitness equipment retailer and liquidator amid significant financial distress. This client, based in Arizona, operated a physical showroom and warehouse, distributing both premier liquidated name-brand equipment and an in-house brand manufactured in Asia. Despite strong annual revenue between...
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MCA Financial Group assumed the role of Receiver for a software-as-a-service provider specializing in point-of-sale solutions for the restaurant, bar, and nightclub sectors. The company boasted a nationwide presence and annual revenues of $6 million, historically demonstrating robust transaction volumes and a diversified revenue stream encompassing software subscriptions, ongoing support,...
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MCA Financial Group played a pivotal role as the financial advisor to the shareholders of a prominent manufacturer specializing in consumer outdoor equipment sold through large retail and online channels. With 800 employees, annual revenue totaling $500 million, and robust international sales, the company faced supply chain and market disruptions...
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When financial difficulties became insurmountable for the subsidiary of a nutraceutical company, the parent company closed the subsidiary business. The subsidiary was burdened with uncollected accounts receivable, prompting the secured lender to recommend retaining MCA Financial Group to spearhead the recovery of the outstanding accounts receivable. The parent nutraceutical company specializes in...
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With the support of the secured creditor, MCA Financial Group was retained by the debtor in a Texas Chapter 11 bankruptcy involving two distressed 10-story office buildings. MCA's role was to manage and sell the properties. The buildings had suffered from neglect and a lack of management, resulting in significant...
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When a publicly traded education technology services company decided to sell its assets and cease operations, it sought out MCA Financial Group's expertise to manage this intricate process. With over 2,500 employees and an annual revenue of $400 million, the EdTech business faced significant challenges that required careful planning and...
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MCA Financial Group recently led the complex sale of a family-owned steel manufacturing company. The company was headquartered in the southwest and had two manufacturing facilities: one in the southwest and one in the southeast. The company's ownership was distributed equally among family members, though only one minority shareholder worked...
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MCA Financial Group was engaged to spearhead the sale process of a physical therapy practice with two locations in Arizona. The owner sought to sell due to a significant increase in Medicare and insurance billing complexities and persistent industry-related staffing challenges. Additionally, the owner wished to pursue other ventures. MCA's...
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MCA Financial Group was engaged to spearhead the sale process of a physical therapy practice with two locations in Arizona. The owner sought to sell due to a significant increase in Medicare and insurance billing complexities and persistent industry-related staffing challenges. Additionally, the owner wished to pursue other ventures. MCA's...
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MCA Financial Group was engaged by a national firm specializing in providing surety bonds to the transportation industry. The firm had initiated legal proceedings against its former lawyer, alleging breach of fiduciary duty, malpractice, and fraud. The core claim was that the former lawyer had orchestrated actions to transfer ownership...
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At the request of the mezzanine lender, the District Court of Santa Fe, New Mexico, appointed MCA Financial Group Receiver of Bishop’s Lodge, a five-star 100-room luxury resort located in Santa Fe, New Mexico. The resort was amid construction and pre-opening preparation when it came under the Receivership's purview; MCA’s...
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As a court-appointed Receiver, MCA Financial used its expertise in restructuring to operate and sell three divisions of an Arizona company, leading to significant recoveries for the secured creditors. The business, generating revenues of $60 million and consisting of three operating divisions, engaged in contract manufacturing of nutritional supplements, production...
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MCA Financial Group played a crucial role in a debt capital raise by preparing a Confidential Information Memorandum (CIM) for a company specializing in used aircraft parts sales and repair services with an annual revenue of $40 million. Tasked with creating a compelling document for potential investors of a Joint...
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MCA Financial Group was engaged by a leading wholesale distributor of steel products to secure a new $20 million revolving line of credit. A foreign corporation owned the company, and MCA Financial's comprehensive understanding and effective communication of the ownership structure and related operational intricacies were crucial to securing a...
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MCA Financial Group recently demonstrated its expertise as Director and CRO in a challenging Turnaround & Restructuring case involving a California-based SaaS email marketing company with a global presence. Tasked by the secured lender and majority shareholder to oversee asset liquidation, MCA Financial Group proved instrumental in achieving the client's...
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MCA Financial Group was retained to investigate and rebut a damage claim of $2 million against a company in Arizona that operated group homes for teenagers. The plaintiff, a member of the company, alleged that her interest in the business was unfairly diminished, resulting in financial losses due to reduced...
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MCA Financial Group was engaged to perform a business valuation for a client embroiled in a partnership dispute involving a forced buyout. The company, which recycled scrap metal and exported recycled products to Asia, boasted a $65 million annual revenue and 60 employees, with headquarters in the Western United States....
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MCA Financial Group completed a complex turnaround and restructuring project with its lender client whose borrower in the personal transportation industry had defaulted on a loan due to a sudden decrease in earnings. The borrower provided alternative vehicle rentals in urban markets internationally, with an annual revenue of $250 million...
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MCA Financial Group served as financial advisor to an online premium wine retailer and club. MCA assisted the debtor in planning for and executing a small business subchapter V bankruptcy reorganization, which necessitated accelerated deadlines and faster confirmation of the debtor’s reorganization plan. MCA prepared the company for filing by...
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A Southwest restaurant franchisee retained MCA Financial Group to provide litigation support and expert testimony pertaining to a lawsuit filed against the franchisee after the franchisee's joint partner passed away. The surviving spouse claimed millions of dollars were owed to them from the company. The company owned and operated fast-food...
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Based on a recommendation from the company’s secured lender, MCA stepped in as Chief Restructuring Officer and Sell-Side M&A Advisor to a Florida-based manufacturer of personal mobility devices. With annual revenue of $35MM and strong profitability over 35 years in business, a storm of factors created a cash-flow crunch for...
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MCA Financial Group led its client through a Chapter 11 process to complete the successful rightsizing of operations and subsequent sale of the company to an international strategic buyer. Headquartered in Arizona for 30+ years, the company has manufactured and sold antibacterial wipes to major brands nationwide, generating $25mm in...
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MCA Financial Group was engaged by the secured lender to a distressed company to perform collateral review, operational analysis, and valuation and to advise on loan workout strategy and tactics. The distressed business, a transporter of bulk liquid commodities, was generating annual revenue of $40 million, but had been struggling...
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When a shareholder dispute arose between stakeholders of a steel fabricator/erector company, the senior lender engaged MCA Financial to verify the company’s collateral. Within a short timeframe, MCA needed to authenticate the physical plant, accounting, and finances of the company – prior to the lender advancing additional funds for payroll...
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MCA Financial was engaged by the defendant in a lawsuit to provide litigation support and expert testimony. The lawsuit was brought on by a private lender regarding a dispute between the parties over the payments of principal and interest calculated pursuant to a promissory note. The client’s business provided clinical...
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MCA Financial Group was engaged to serve as M&A advisor to the owner of an Arizona-based pet cremation business. MCA prepared a valuation for the purpose of determining a fair price for the business, assessed the market conditions, identified and contacted credible buyers, facilitated due diligence reviews, and managed the...
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Working with the Buyer, MCA Financial’s experts set in motion a focused due diligence work plan to identify potential risks inherent in the acquisition and related matters that could impact valuation. Pertinent information on the target company was collected and verified, including billing practices, financial records, healthcare contracts, customers, key...
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With healthcare consolidation trending, it is important for physician shareholders to understand both the terms of a potential merger and the impact it would have on their equity interests. Obtaining this information requires complicated financial analysis and reporting, which can be daunting for someone lacking financial expertise. Hiring an experienced...
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MCA Promotes Excellence. Please join us in congratulating Evan Dosch on his promotion to Managing Director, effective immediately, at MCA Financial Group. Evan joined the team two years ago, with great experience and an even greater attitude. Thank you Evan for all your hard work, and its great having you...
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MCA Financial is an official sponsor/host of the Beat The Heat TMA & ACG Joint Networking Event Join us and other industry professionals for a few hours of food, drink, and networking, at the Beat The Heat TMA & ACG Joint Networking Event. WHEN: THURSDAY, JULY 28TH, 2022 • 5-7...
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Assignee in an Assignment for Benefit of Creditors (ABC) MCA Financial served as the Assignee in an Assignment for Benefit of Creditors (ABC) to a national company headquartered in California and generating annual revenue in excess of $80MM. The ABC was initiated by the insolvent company, which sought a faster,...
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Chief Restructuring Office MCA Financial's successful plan led to recoveries for the creditors and relief for the borrower, who had been defrauded by his former employee. The absentee owner of a once-profitable sub-prime lending operation and rental car franchisee operation hired MCA to investigate unexpected critical liquidity crunches at the...
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The secured lender to a mobile banking application company engaged MCA Financial Group to verify the borrower’s Enterprise Value by performing a valuation analysis of the business. The company was headquartered in South America and generated annual revenue of $28MM. MCA’s team consulted with stakeholders, determined the scope and timing...
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Initially engaged by the Secured Lender to investigate fraud at an Arizona-based publishing company in default of its debt obligation, MCA Financial carried out a detailed analysis, confirming embezzlement by one of the company’s principals. In an attempt to prevent the appointment of MCA Financial as Receiver in Arizona, the...
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Advising a Tubing and Casing Manufacturer with Revenue of $120 million in national sales. When a tubing and casing manufacturer in the oil field service industry found itself in violation of its loan covenants, the company hired MCA Financial Group to improve its collateral position and operations. The lender,...
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Investigating material loan defaults and potential fraud. The asset-based lender to an $80MM multi-location Buy-Here / Pay-Here auto dealerships and related finance companies engaged MCA Financial to investigate material loan defaults and potential fraud. It was discovered that the company had been repeatedly falsifying its borrowing base, drawing millions...
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