Alternative Finance
As litigators, Silverman Thompson’s business attorneys have handled just about every situation in alternative finance. We have recovered hundreds of thousands of dollars in courts across the country.
We pride ourselves on a creative and dogged approach to collections that emphasizes the unique aspects of each situation to best assist our clients. In addition to recovering for alternative finance funders, we regularly defend novel claims filed against funders. Silverman Thompson has litigated alternative finance cases in Maryland, Florida, Virginia, West Virginia, California, New York, Pennsylvania, and state, federal, and bankruptcy courts.
Who We Represent
Silverman Thompson’s alternative finance practice group represents merchant cash advance funders, factors, payment card processors, and traditional financing providers to small and medium-sized businesses.
Silverman Thompson has extensive experience in the merchant cash advance industry and our attorneys stay on top of, and are involved in shaping, the legal landscape in this developing space. We represent merchant cash advance companies in all aspects of their businesses, from drafting accounts receivable financing agreements, and contracts with ISOs and brokers, advising on compliance with new state disclosure and licensing requirements, and litigating disputes.
Additionally, we represent alternative finance funders of varying sizes, ranging from small startups to some of the largest funders in the industry.
Experienced Bankruptcy Attorneys
Our practice often brings us into bankruptcy courts nationwide. We provide strategic advice to funders pursuing claims against bankrupt merchants and litigate preference actions and other claims filed against funders to obtain the best outcome while limiting our clients’ exposure.
In addition to litigating cases in court, our firm has obtained recoveries for clients in arbitration and by negotiating favorable settlements in mediation and through direct negotiation with merchants and debt settlement companies. We have resolved countless disputes by creating effective and lasting payment plans to get our clients the best outcome possible.
Learn More About Silverman Thompson’s Bankruptcy, Receivership, Insolvency & Creditors’ Rights Practice
Leaders in Alternative Finance
As leading attorneys in this field, Silverman Thompson is an annual sponsor of the Alternative Finance Bar Association’s annual conference in New York. For the past two years, we have been asked to present effective collections strategies and we maintain a network of alternative finance attorneys around the country. Silverman Thompson is often recommended as a go-to law firm in the MCA industry.
Some of our representative successes in alternative finance include:
- Collecting hundreds of thousands of dollars for merchant cash advance companies in Maryland, Florida, Virginia, and New York
- Successfully litigating hundreds of defaulted merchant cash advance agreements from default through post-judgment asset recovery
- Obtaining favorable settlement of avoidance and recovery claims against merchant cash advance funder in the U.S. Bankruptcy Court for the Middle District of Florida
- Obtaining favorable settlement of preference claims, RICO, and usury claims against merchant cash advance funder in the U.S. Bankruptcy Court for the Central District of California following extensive legal briefing and oral argument
- Participating in a nationwide network of leading alternative finance litigators to stay on top of the legal and regulatory landscape and anticipate industry changes
- Providing local and outside general counsel services to alternative finance companies including in employment and human resources matters
- Drafting accounts receivable purchase and sale agreements and regulatory disclosures for funders
- Representing creditors in bankruptcy cases
- Presenting at the Alternative Finance Bar Association’s annual conference in New York
Contact Our Team
For additional information on Silverman Thompson’s alternative finance practice, please contact us at 443.909.7510.
