About Business Debt Adjusters
Answer-first: Business Debt Adjusters was founded in 2015 by Alex Shiyan to help small business owners trapped by merchant cash advance debt find a way out before default. In 11 years, we've built a practice around one idea: debt settlement works best when you catch it early, before the lawsuits, before the lender stack collapses, while there's still a business worth saving.
Why BDA exists
Most debt relief companies target business owners who are already deep in default, sometimes only after lawsuits are filed, when options have narrowed and outcomes get harder. BDA operates differently. We work with business owners across the full range: still making payments, behind on payments but pre-legal, and even cases where lawsuits or confessions of judgment have already been filed. The window where settlement works best is before lenders escalate, but the window doesn't close at the first missed payment, and we built our process to handle every stage along the timeline.
This wasn't always the industry's approach. When Alex started BDA in 2015, MCA debt was a fraction of what it is today. The "stacked MCA" phenomenon, where businesses take advance after advance until the math becomes impossible, was just emerging. We built our process around catching that spiral early, before confession of judgment filings and bank levies turn a solvable problem into a business-ending one.
Who we serve
Service-based businesses in trucking, construction, restaurants, auto services, medical and dental practices, manufacturing, agriculture, and skilled trades. Owners with $30,000 or more in MCA or business debt. Businesses that still have revenue, still have customers, and still have time to turn things around.
What we don't do: consumer debt, credit card settlement, tax resolution, or bankruptcy filings. Those are real services provided by real firms, just not by us. If your situation calls for one of those, we'll tell you that and point you toward the right help.
What is our approach to business debt relief?
We don't promise miracle numbers. We do promise to look at your specific situation honestly, tell you whether BDA can help, and if we can't, tell you who can. Every engagement starts with a free 15-minute consultation. No obligation, no pressure.
Our fees are performance-based, no settlement, no fee, and fully disclosed in writing before enrollment. We operate within the FTC Telemarketing Sales Rule, which prohibits charging advance fees before at least one debt settles. That rule exists to protect consumers from firms that took money and delivered nothing. We agree with the rule. We operate within it.
What makes us different
Real people with real credentials. When you enroll, you're assigned to a negotiator who handles your case start to finish. Clients name our staff in reviews, our team doesn't hide behind "the company." Jenn Porter, Brandon Boyer, and others on our team have earned our 4.9/5 Trustpilot rating across 193 reviews with the kind of personal attention that a call-center model can't provide.
Service-business focus. We understand why MCA debt hits a trucking company different from a retail shop. Industry specificity matters when we're negotiating. We've built playbooks for each industry we serve.
Full-timeline coverage. We work with clients still making payments, behind on payments, and in legal-stage situations through our attorney network. Most of our clients come to us still making payments, that's the cleanest window, but we don't turn away the harder cases. About a quarter of our active clients came to us after their first default.
11 years of lender relationships. We know which MCA lenders negotiate, which don't, and what a realistic number looks like before we send the first letter. That saves our clients months of back-and-forth.
Who is on the BDA team?
Alex Shiyan founded BDA in 2015 and continues to lead the company as CEO. Jenn Porter and Brandon Boyer are senior members of our team whose names appear repeatedly in client reviews. Full team details are on our Team page.
Where to go next
- Start a free consultation: Free Consultation (15 minutes, no obligation)
- See what we do: MCA Debt Settlement (our core service)
- Meet the team: Team
- Learn how it works: How It Works
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Frequently asked questions
What does Business Debt Adjusters actually do?
BDA helps small business owners who are already in default or pre-legal trouble negotiate down what they owe to MCA funders, business loan lenders, and other commercial creditors. We do not refinance, originate new loans, or replace one debt with another. We negotiate the existing obligation down to a settlement number our clients can actually afford to pay.
Is BDA a law firm?
No. BDA is a debt-settlement specialist, not a law firm. When a case requires legal action, for example, when a creditor has filed suit or filed a confession of judgment, BDA coordinates with its in-house and partner attorney network so the legal work is handled by licensed attorneys. The negotiation work itself is done by BDA.
How long has BDA been doing this?
BDA has specialized in business-debt resolution since 2015. We have negotiated thousands of settlements across MCA, term-loan, equipment-financing, and unsecured-business-credit obligations. The depth of relationships with funders is one of the reasons our settlement outcomes have stayed consistent across funder cycles.
Who is BDA's typical client?
Owner-operators of service businesses (~$500K–$10M revenue) carrying $30K+ in MCA, business loan, or stacked daily-debit debt that the business can no longer service from operating cash flow. Most clients are still operating but in cash-flow distress; roughly a quarter are already in default and facing pre-legal collection activity. BDA is not a fit for borrowers who are current and shopping for refinance.
