Ivy Receivables LLC: What the Public Record Shows, and What to Do If They Contact You
Ivy Receivables LLC appears in the public record as a merchant cash advance creditor: a New York debt defense firm lists it, alongside Kalamata Capital, Pearl Capital, Mantis Funding and On Deck, among the MCA creditors that now have to sue small businesses through the courts rather than file confessions of judgment. We could not locate a BBB profile or a published court decision naming it, so this page states only what can be verified and tells you what to check in your own agreement. It is not a review of rates or terms, because none are published.
What can be verified about Ivy Receivables
In a June 2021 article on merchant cash advance lawsuits, attorney Arthur Lebedin of Lebedin Kofman LLP, a New York debt defense firm, named Ivy Receivables among common merchant cash advance creditors, in the same list as Kalamata Capital, Pearl Capital, Mantis Funding, Kash Capital, On Deck Capital, Last Chance Funding and Green Note Funding. The point of the article was that after New York changed its law in 2019, these creditors must file a lawsuit and prove their case instead of entering a confession of judgment in an upstate county and levying accounts the same week.
That is the extent of the independent record we could find as of September 23, 2026. Searches of the BBB directory and the published New York decisions did not return a profile or an opinion under the Ivy Receivables name. That absence is itself information: a funder with no BBB file and no reported decisions is one you evaluate from your own paperwork, not from ratings.
An earlier version of this page described Ivy Receivables with a funder template that quoted factor rates and reconciliation terms as if they were known. They are not published. Whatever your agreement says is the only rate that exists.
Why Ivy Receivables is contacting you
If the name is on your bank debits, you signed a receivables purchase agreement with it or with a funder it services. If the name is on a demand letter or a summons, the account is in default by the funder's definition and it has moved to collection or litigation. The 2021 article also names the law firms that most often appear on the creditor side of these suits, including Zachter PLLC and Berkovitch and Bouskila, and notes that default judgments are frequent because business owners do not answer in time.
What to establish from your own paperwork
- The purchased amount and the purchase price. Divide one by the other; that is your real factor, and nothing on this page or anywhere else overrides it.
- The remittance percentage and the fixed daily or weekly debit. Ask what receivables figure the debit was based on.
- The reconciliation clause. Whether you can reduce the debit when revenue falls, how to request it, and the deadline. Put every request in writing with bank statements attached.
- The default definition. Many agreements treat a bounced debit plus a missed reconciliation request as a default that accelerates the full balance.
- Personal guaranty, confession of judgment, and security interest. These decide what can be enforced against you personally, how fast, and whether a card processor can be told to hold your funds.
- Fees added on default. Default fees, bounced payment fees and attorneys' fees stacked on the balance. New York courts have cut such fees as unenforceable penalties in other MCA cases.
If a lawsuit has been filed
Answer it. Under current New York law the creditor has to prove its case, and courts have denied MCA plaintiffs summary judgment where the papers could not show what was funded or where reconciliation was refused. A default judgment gives up all of that. If you have been served, see what to do when Ivy Receivables sues.
Can a balance with Ivy Receivables be settled?
Usually there is room, because the accelerated balance plus fees is more than the cash advanced, and litigation costs the creditor too. How much room depends on the agreement, the debit history, whether a guaranty or confession of judgment was signed, and how early you engage. See how a balance with Ivy Receivables can be settled and how MCA debt relief works.
Business Debt Adjusters reviews the agreement, the debit history and any filings and tells you what is realistic before you commit to anything. If you have documents from Ivy Receivables, bring them; they are the record this page cannot supply.
Frequently Asked Questions
Is Ivy Receivables LLC a merchant cash advance company?
A New York debt defense firm lists Ivy Receivables among common merchant cash advance creditors that sue small businesses in New York courts. That is the only independent description we could verify. We could not locate a BBB profile or a published court decision under the name.
What factor rate does Ivy Receivables charge?
Nothing is published. The only rate that exists is the one in your agreement: divide the purchased amount by the purchase price. Do not rely on any page, including this one, for a figure.
Can Ivy Receivables get a confession of judgment against me?
New York changed its law in 2019 so that out-of-state confessions of judgment can no longer be entered in New York courts; MCA creditors now have to sue. Check your agreement for a confession of judgment clause anyway, because enforceability varies by state.
What should I do if Ivy Receivables is debiting my account or has sued?
Pull the agreement and every debit, put any reconciliation request in writing with financials, do not miss a court deadline, and get the paperwork reviewed before agreeing to a number.
Why is there so little public information on Ivy Receivables?
Many merchant cash advance funders operate without a BBB profile and settle or default most cases before a decision is published. The absence of a record means you evaluate the funder from your own documents.
Sources
- Lebedin Kofman LLP, Merchant Cash Advance Lawsuits and Judgments, June 23, 2021 (lists Ivy Receivables among MCA creditors)
- New York Attorney General, March 5, 2024 press release on merchant cash advance enforcement
Facts on this page were checked against the linked sources on September 23, 2026. Business Debt Adjusters is not affiliated with, endorsed by, or authorized to represent the company described.
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