05 Nov New York Attorney General Reaches Settlement with Yellowstone Capital: What It Means for Small Business Owners
The New York Attorney General recently announced a significant settlement with “Yellowstone Capital” and its related entities regarding their merchant cash advance (MCA) practices. Under this settlement, many small business owners who borrowed from Yellowstone may be entitled to debt cancellation, vacated court judgments, and lien removals.
If your business previously obtained financing from Yellowstone Capital or one of its affiliates (listed below), you may be eligible for relief. Notices have been sent by the settlement administrator, Rust Consulting, outlining the steps needed to confirm eligibility and request certain actions (such as judgment vacatur or lien termination).
The deadlines for requesting relief vary, and some extend into early 2026.
- Affiliates:
- Yellowstone Capital LLC
- ABC Merchant Solutions LLC
- Advance Merchant Services LLC
- Business Advance Team LLC
- Capital Advance Services LLC
- Capital Merchant Services, LLC
- Cash Village Funding LLC
- Fast Cash Advance LLC
- Fundry LLC
- Fundzio LLC
- Green Capital Funding LLC
- HFH Merchant Services LLC
- High Speed Capital LLC
- Merchant Capital Pay LLC
- Merchant Funding Services LLC
- Midnight Advance Capital LLC
- Mr. Advance Capital LLC
- Ocean 1213 LLC
- Simply Equities LLC
- TVT Cap Fund LLC
- TVT Capital HR LLC
- Thryve Capital Funding LLC
- WCM Funding LLC
- West Coast Business Capital LLC (formerly known as Yellowstone Capital West)
- World Global Capital LLC
Please don’t hesitate to contact us with any questions or if you’d like assistance determining your eligibility or next steps.