Commercial Asset Recovery: Who They Are and What to Do If They Contact You About an MCA Balance
Commercial Asset Recovery, LLC is a New York collection agency that works for merchant cash advance funders, not a funder itself. Its own site describes its clients as companies with merchants who have stopped paying, and its services as forensic asset searches, UCC lien holds, confessions of judgment and litigation through a network of attorneys. It was incorporated in August 2016, is not BBB accredited and carries a BBB rating of A+ on a file the BBB opened only in July 2025. An earlier version of this page described Commercial Asset Recovery as an MCA funder and quoted factor rates for it. That was wrong and has been removed. If this agency is contacting you, a funder has placed your advance with it, and what happens next depends on the paperwork behind that advance.
What Commercial Asset Recovery is
Commercial Asset Recovery, LLC, 1330 Avenue of the Americas, Suite 23A, New York, NY 10019. The BBB lists the business as started 13 September 2016 and incorporated 15 August 2016, a limited liability company, category collections agencies, not accredited, rated A+. The BBB file was opened on 15 July 2025, so the rating rests on a short record. Contact numbers published by the company: (212) 256-1041, fax (212) 202-7825, support@commercialassetrecovery.com, hours 9 am to 6 pm Eastern, Monday to Friday. The company runs a separate payment portal at payment.commercialassetrecovery.com.
The company site is written for its clients, not for the people it calls. It says it specialises in recouping funds for business owners through avenues up to and including filing legal action against your merchants, that it finds the assets, the bank accounts (personal and business related), account receivables, and credit card processors through a forensic process, and that its team of agents, paralegals, forensic accountants and attorneys will recover funds from merchants who refuse to pay. The services it lists are delinquent account collection starting within 24 hours of placement, forensic asset searches covering the business, owners and guarantors, UCC lien holds, confession of judgment filing and domestication, and litigation through a database of nationwide attorneys.
What it is not: a funder or a lender. There is no Commercial Asset Recovery advance, no factor rate and no reconciliation clause of its own. If our earlier page led you to expect any of those, disregard it.
Why a business owner hears from Commercial Asset Recovery
The language on its site, merchants, guarantors, UCC filings and confessions of judgment, is the vocabulary of merchant cash advance collections. A business owner hears from this agency because a funder has placed a defaulted or disputed advance with it. The agency is the funder's agent; the contract, the debits and the personal guaranty all belong to the funder, and that is the paperwork that decides what can be argued.
Commercial Asset Recovery's public record is thin in the other direction too: it appears in federal bankruptcy dockets as a listed creditor or notice party in merchant cases from New Jersey, Illinois, Georgia, Arizona, Minnesota, California and Colorado between 2017 and 2025, which is consistent with an agency holding placed commercial accounts, and inconsistent with an agency that funds anything.
What its stated tools mean for you
- Forensic asset searches. The agency says it locates the business's and the owner's bank accounts, receivables and card processors. Expect it to know where the money moves; that is the point of the service.
- UCC lien holds. Most MCA agreements include a UCC-1 filing against the business's assets. The agency says a filed UCC may enable it to freeze certain assets. Whether a freeze is lawful depends on the agreement and on state law, and a freeze on a processor or bank account is usually the moment owners call us.
- Confession of judgment. The site advertises help with filing and domesticating confessions of judgment. New York stopped its courts entering COJs against out-of-state debtors in 2019, and several states will not domesticate them, so whether a COJ in your agreement is enforceable is a jurisdiction question, not a given.
- Litigation. The agency does not sue in its own name over your advance; the funder does, through counsel. If a suit exists the summons names the funder as plaintiff.
What to establish from your own paperwork
- Which funder placed the account, and the balance it claims. Ask in writing, at 1330 Avenue of the Americas, Suite 23A, New York, NY 10019, for the funder's name, the agreement date, the purchased amount, the payback amount, every debit taken and the balance claimed. An agency working on placement can supply all of it.
- Whether the agency owns the account or is servicing it. The letter should say. On a placement the funder remains the counterparty and any settlement needs its sign-off.
- Whether the FDCPA applies. A merchant cash advance is a commercial transaction, and the federal Fair Debt Collection Practices Act generally does not cover it. State law, the agency's licensing obligations and the general rules against harassment and misrepresentation still do.
- The reconciliation clause. If your revenue fell and the funder refused or ignored a reconciliation request, that is the centre of most MCA disputes. Pull the clause and the request history before you agree to anything.
- Any UCC filing, COJ or personal guaranty. These decide what the agency can reach and how fast. See how MCA debt relief works.
If a lawsuit has been filed
The plaintiff will be the funder. Answer before the deadline, usually 20 to 30 days from service; a default judgment ends the negotiation and hands the agency the enforcement tools it advertises. See what to do if a funder represented through Commercial Asset Recovery sues.
Can the balance be settled?
Usually, if the underlying advance is real. Placed MCA balances settle within limits the funder sets, and a documented revenue drop, a bank statement history and a realistic lump sum or schedule tend to be heard. The owner's personal guaranty is part of the negotiation. See how a balance Commercial Asset Recovery is collecting can be settled.
Business Debt Adjusters reviews the agreement, the debit history and any UCC, COJ or court filings, and tells you what is realistic before you commit to anything.
Frequently Asked Questions
Is Commercial Asset Recovery a merchant cash advance company?
No. Commercial Asset Recovery, LLC is a New York collection agency incorporated in 2016 that works for funders; its own site describes recovering funds from merchants who refuse to pay. It does not fund advances or loans.
Is Commercial Asset Recovery legitimate?
It is a registered New York LLC with a published address, phone and payment portal, listed by the BBB as a collections agency with an A+ rating on a file opened in July 2025. Legitimate does not mean the balance it claims is correct; ask for the funder's name and an itemised account in writing.
Why is Commercial Asset Recovery calling my business?
A merchant cash advance funder has placed your account with it. Its stated tools are forensic asset searches, UCC lien holds, confessions of judgment and litigation through outside attorneys, so find out which funder, which agreement and what balance before responding by phone.
Does the Fair Debt Collection Practices Act apply to an MCA balance Commercial Asset Recovery is collecting?
Generally no, because a merchant cash advance is a commercial transaction. State collection law, licensing rules and the general prohibitions on harassment and misrepresentation still apply, and a personal guaranty can bring the owner's own protections into play.
What should a business owner do after a letter from Commercial Asset Recovery?
Identify the funder and the agreement, request an itemised balance and the debit history in writing, check for any UCC filing, confession of judgment or lawsuit, pull the reconciliation clause, and get the paperwork reviewed before agreeing to a number.
Sources
- BBB Business Profile: Commercial Asset Recovery LLC, New York, NY (not accredited, rating A+, file opened 7/15/2025, started 9/13/2016, incorporated 8/15/2016)
- Commercial Asset Recovery, LLC company website (services, contact details, payment portal)
- CourtListener docket search: Commercial Asset Recovery LLC listed in federal bankruptcy dockets, 2017 to 2025
Facts on this page were checked against the linked sources on September 24, 2026. Business Debt Adjusters is not affiliated with, endorsed by, or authorized to represent the company described.
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