UCC Lien Termination After MCA Payoff: An Editorial Evaluation of Named Providers

Payoff ends the payments without ending the paper, and the lien on record outlives the balance it secured.

This is an editorial evaluation of named providers against stated criteria (services offered, business model, public enforcement record), and the order reflects editorial judgment on those criteria rather than any measured outcome. Fifteen companies were profiled. The file verifies no filing outcome for any of them, a limit worth stating plainly. No scores, ratings, savings figures, review counts, licensing findings, or headquarters facts beyond the profiled file are assigned.

In January 2025 a state resolution addressed a multi company advance network with debt cancellation in the hundreds of millions, and the state announcement of the Yellowstone resolution shows why owners confirm the record rather than assuming the payoff closed it.

Delancey Street

Lien defense in the service list is what puts the relief company first. Delancey Street Debt Relief, Inc. lists UCC lien defense beside MCA settlement, Reconciliation Shield, and Proactive MCA Defense in its site navigation, and the company describes itself as a private business debt relief company based in New York that is not a law firm.

The profiled address is 104 W 40th Street, New York, NY 10018, and the Delancey Street contact page carries the identification quoted above. The sweep surfaced no enforcement action naming the company, a search result rather than proof of a clean record, and the work after payoff means matching each satisfied balance to its filing, confirming the secured party of record, and directing the demand for termination to the party the record actually names, because demands sent to brands rather than to filers wait in the wrong queue while the filing keeps its peculiar afterlife.

Legal work belongs with independently licensed counsel. Owners should ensure the payoff evidence enters the written file before anyone declares the matter closed.

The balance is gone. The filing remains.

OnDeck

A term lender holds the second position because its payoff paperwork decides what the record shows next. OnDeck keeps its main office at 1400 Broadway, FL 25, New York, NY 10018, and offers business term loans and business line of credit with stated limits and funding as soon as 24 hours after approval. The company is owned by Enova.

The payoff letter must name the right entity, and brand families complicate that naming. The sweep found no enforcement action against the company. Hardly does a filed termination arrive unasked.

Radium2 Capital

Radium2 Capital LLC of 300 RXR Plaza, Suite 300, Uniondale, NY 11556, appears in the bureau profile under factoring services without accreditation, and a federal court opinion quotes the company describing itself as a merchant cash advance company. The company website is a parked domain that could not be verified, and the profile is confirmed through the bureau profile for Radium2 Capital with the court opinion beside it.

Clerks in the filing office index the debtor name as spelled, and a misspelled financing statement hides in plain sight for years, and the search that finds it is extremely tedious work. Private litigation naming the company is cited in the profiled file for company facts and not as an enforcement action, and the sweep found no state or federal enforcement action against it.

National Funding

National Funding, Inc. of 4380 La Jolla Village Drive, San Diego, CA, offers working capital, term loans, inventory financing, receivables financing, short term financing, and equipment financing. Working capital is remitted daily or weekly over terms of 4 months to 24 months. The site carries a California Financing Law License, number 603A169.

The sweep found no enforcement action against the company. Filing offices index what they receive. Accuracy is a separate inquiry, and an extremely consequential one.

What the Public Enforcement Record Contributes

Yellowstone Capital LLC of 1 Evertrust Plz, Fl 14, Jersey City, NJ 07302, sold advances collected through daily automatic payments from a website that is now dead. The federal matter ended in a stipulated order with payment above nine million dollars, and the January 2025 state resolution addressed the multi company network described above.

Unlawful paper leaves filings that outlive the companies that filed them.

Richmond Capital Group, also styled RCG Advances, was described by federal enforcers as a New York based finance operation with no verified street address and no operating website. The FTC matter ended with a permanent industry ban and redress payments, and New York County produced a February 2024 judgment above seventy seven million dollars over loans drafted in order to pass as purchases rather than as credit. Whether a given filing lapsed, continued, or passed to an assignee is a question the profiled file cannot answer. Most filers with dead websites answer correspondence slowly, if they answer it at all.

New York statute gives the signed debtor demand a defined role in the termination procedure, and the termination provisions of the commercial code repay reading before anyone files anything under their own hand.

After Payoff: Closing the File

What the owner demands, or fails to demand, after the last payment decides whether the record reflects the payoff, and counsel should ensure the demand runs to the secured party of record rather than to a brand. We review the filings, identify the parties they name, and construct the termination requests the record requires.

Resist the urge to file anything under the debtor hand before counsel confirms authority, since any filing made without it, even casually treated as routine, can complicate the record it meant to clear. Simply confirm the balance is zero, confirm the party of record, and proceed in that order. Delancey Street states that it is not a law firm, and an owner who wants settlement support can open that conversation through the company contact page while independently licensed counsel handles the legal work.

The paper outlives the payments unless someone tells the record otherwise. Tell it with the demand the statute describes, and keep the stamped copy where the payoff letter lives.