MCA Recovery LLC: The Yellowstone Capital Collection Subsidiary Named by the New Jersey Attorney General
MCA Recovery LLC is not an independent collector. In its December 8, 2020 lawsuit, the New Jersey Attorney General named MCA Recovery LLC as a subsidiary of Yellowstone Capital LLC, alongside High Speed Capital, World Global Capital doing business as YES Funding, HFH Merchant Services, Green Capital Funding, and the affiliate Max Recovery Group LLC, and alleged that they acted in concert to lure small businesses into loans disguised as receivables purchases and then applied unconscionable servicing and collection practices. If MCA Recovery is on your bank statement or your mail, the balance traces to the Yellowstone network, and the public record on that network is unusually complete.
Who is MCA Recovery LLC?
The New Jersey Attorney General's complaint, filed in Superior Court in Hudson County on December 8, 2020, lists MCA Recovery LLC among Yellowstone Capital's subsidiaries and Max Recovery Group LLC as an affiliate, and refers to the group collectively as the Yellowstone Defendants. The State alleged violations of the New Jersey Consumer Fraud Act and sought to enjoin the group from selling merchant cash advances and debt collection services in violation of New Jersey law, together with civil penalties, restitution, and disgorgement.
The press release also records the scale of the operation: from 2012 to 2018, merchant cash advance companies collected more than 1.5 billion dollars in judgments nationwide, and Yellowstone accounted for 25 percent of those filings, the largest filer in the industry. An industry forum thread on the MCA Recovery name says the practical meaning of seeing it on a bank statement is that the merchant is in default with a Yellowstone company; that is consistent with the State's description, though the forum is not an official source.
What MCA Recovery is not: a company you borrowed from under its own name. An earlier version of this page used a funder template and discussed MCA Recovery's factor rates and reconciliation terms. The agreement, the rate, and the guaranty belong to the Yellowstone entity that funded you. For the funder's full record, including the later New York settlement, see Yellowstone Capital reviews and complaints.
What the State alleged about how the group collected
The New Jersey complaint, as summarised in the Attorney General's release, alleged that the Yellowstone Defendants described repayment as flexible and calculated as a set percentage of sales when the agreements in fact required fixed payments over a defined period; advertised no personal guarantee while requiring one; failed to adjust daily payments when receivables declined; required merchants to sign affidavits of confession of judgment and then filed them, in many cases against merchants who had not defaulted; failed to disclose all fees; charged interest above the legal limit; made unauthorised withdrawals after merchants had paid everything owed; and made aggressive and harassing collection calls.
Those are allegations in a civil complaint, not findings, and this page does not assert that any of them happened on your account. They are listed because each one is a specific thing to check in your own paperwork and bank records if MCA Recovery is contacting you.
Why MCA Recovery is debiting or contacting you
Because a Yellowstone-network agreement is in default by the funder's definition and the account has moved to the group's collection subsidiary. Contact can be debits under the MCA Recovery name, calls, letters, or enforcement of a confession of judgment or a court judgment. The Federal Trade Commission has also sued Yellowstone and its parent Fundry, which the New Jersey release notes.
What to establish from your own paperwork and bank records
- Which Yellowstone entity funded you. The agreement names it. MCA Recovery is the collector, not the counterparty.
- Purchase price versus purchased amount, and every debit. The State alleged withdrawals continued after full repayment; your statements will show whether the collected total already exceeds the purchased amount.
- Whether your daily amount was ever adjusted. The State alleged it was not. Written reconciliation requests and the responses are the record.
- Personal guaranty and confession of judgment. The State alleged both were used despite advertising to the contrary. Find the signed documents.
- Any judgment already entered. Search New York and your state's records under the funder's name. Yellowstone was the largest filer in the industry.
If a judgment or lawsuit exists
If you have been served, answer before the deadline. If a judgment already exists by confession, ask whether it was entered where it could be and against a merchant who had actually defaulted; those were the State's allegations, and they are grounds to examine vacating a judgment. See what to do when MCA Recovery pursues a lawsuit or judgment.
Can a balance MCA Recovery is collecting be settled?
Settlement is with the Yellowstone entity that holds the agreement, whichever name is on the letter. The room is the gap between the balance claimed with fees and what the funder can prove was advanced and is still owed, weighed against the group's own regulatory history. See how a balance under the MCA Recovery name can be settled and how MCA debt relief works.
Business Debt Adjusters reviews the agreement, every debit, any reconciliation correspondence and any filings, and tells you what is realistic before you commit to anything.
Frequently Asked Questions
Is MCA Recovery LLC part of Yellowstone Capital?
Yes, according to the New Jersey Attorney General's December 8, 2020 complaint, which names MCA Recovery LLC as a Yellowstone Capital subsidiary and Max Recovery Group LLC as an affiliate, and describes the group as acting in concert.
Is MCA Recovery a lender?
No. It is the collection subsidiary in the Yellowstone network. The agreement, the rate and any guaranty belong to the Yellowstone entity that funded you.
What did the New Jersey Attorney General allege?
Violations of the Consumer Fraud Act: loans disguised as receivables purchases with fixed payments, personal guarantees despite advertising none, no adjustment when receivables fell, confessions of judgment filed against merchants who had not defaulted, undisclosed fees, illegal interest, withdrawals after full repayment, and harassing collection calls. These are allegations, not findings.
What does MCA Recovery on my bank statement mean?
In practice it means a Yellowstone-network account has moved to collection. Check every debit against the purchased amount, since the State alleged withdrawals continued after merchants had paid in full.
Can a judgment by confession from the Yellowstone network be challenged?
The State alleged confessions were filed in many cases against merchants who had not defaulted. Whether a specific judgment can be vacated depends on where and how it was entered; it is worth examining with counsel before paying on it.
What should I do if MCA Recovery contacts me?
Identify the funding entity, pull the agreement and every debit, find any guaranty or confession of judgment you signed, search for existing judgments, and get the file reviewed before agreeing to a number.
Sources
- New Jersey Office of the Attorney General, press release, December 8, 2020: suit against Yellowstone Capital LLC and associated companies including MCA Recovery LLC
- deBanked / DailyFunder forum thread on the MCA Recovery name (industry discussion, not an official source)
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.
MCA Recovery on your statement or in your mail?
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