Don’t Wait, Arbitrate: New Era ADR and MCA Claims, deBanked

In deBanked, New Era CEO and Co-Founder Rich Lee discusses how our 100-day, tech-enabled arbitration platform is transforming how MCA (merchant cash advance) companies and funders resolve disputes.

“New Era, in a nutshell, is 100 days in arbitration, so legally enforceable arbitration, all for one flat fee, all on our platform,” Rich explains. The platform’s fully virtual process and subject-matter-specific arbitrators deliver outcomes that are not only faster but also fair and enforceable, often in a fraction of the time it takes through traditional courts.

MCA companies are increasingly turning to New Era to avoid court backlogs and recover awards efficiently, with some uncontested disputes resolved in as little as 30 days. New Era’s roster of more than 100 arbitrators includes both retired judges and active practitioners with deep experience in finance and MCA-specific law.

As Rich notes, “Ninety-nine percent of litigation doesn’t need two or three years to resolve. Our system was built for that 99% – cases that deserve fair, fast outcomes without the drag of traditional litigation.”

Read the full article in deBanked here.