At a Glance
Rating Breakdown
Performance Overview
Scores out of 5, based on our editorial analysis
About SOS Debt Solutions
SOS Debt Solutions operates out of Miami and positions itself as the fast-response option in the business debt relief space. Founded in 2019, the company was built specifically around the urgency that MCA-burdened business owners face — when daily ACH payments are draining your account, you don\'t have 6 weeks to wait for an intake process. SOS aims to have a negotiation strategy in place within 48 hours of enrollment. The company handles merchant cash advances, business lines of credit, equipment financing, and short-term business loans. Their negotiation team is smaller than some competitors, which they frame as an advantage: fewer clients per negotiator means faster response times and more personalized attention. They report average settlements of 35-55% of enrolled balances, with first settlements typically landing in 4-8 weeks. SOS Debt Solutions requires a minimum of $20,000 in qualifying business debt and serves businesses in all 50 states. Fees are performance-based at 18-26% of enrolled debt. The company has resolved approximately $95 million in business debt since launch. Their BBB profile shows a B rating with some noted complaints around timeline expectations, which is worth reviewing before enrolling.
Key Features
48-Hour Strategy Deployment
SOS builds and begins executing a negotiation strategy within 48 hours of enrollment — designed for business owners who can't wait weeks for the process to start.
Daily Payment Intervention
Immediately works to pause or reduce daily ACH debits that are draining your business operating account.
Small Team, Direct Access
A lean negotiation team means fewer clients per negotiator and more direct access to the person handling your case.
Performance-Based Fees
No upfront costs. Fees of 18-26% are charged only after successful debt settlements.
How It Works
Emergency Intake
A rapid assessment of all MCA contracts and business debts. SOS prioritizes the most urgent obligations — the ones draining cash fastest.
Strategy Within 48 Hours
Negotiation plan is built and communicated to you within two business days. No weeks-long onboarding process.
ACH Intervention
Team contacts funders and works to reduce or halt daily ACH payments immediately.
Settlement Negotiation
Each funder is negotiated individually. SOS pushes for lump-sum settlements at 35-55% of the outstanding balance.
Resolution
All enrolled debts settled. UCC liens released. Your business operations return to normal.
What They Do
- MCA Settlement
- Business Debt Negotiation
- ACH Payment Intervention
- Short-Term Loan Resolution
- Equipment Financing Resolution
Debt Types They Take On
- Merchant Cash Advances
- Business Lines of Credit
- Short-Term Business Loans
- Equipment Financing
- Business Credit Cards
Fee & Cost Structure
Regulatory & Trust
Review Summary
Notable Case Studies
Retail Store with Two MCAs Draining Cash Daily
A retail store owner in Florida had two MCAs totaling \$78,000 with combined daily payments of \$680. The store was running negative cash flow three days a week. SOS enrolled the case and had daily payments paused within 10 days.
Landscaping Company Facing Equipment Lien
A landscaping company owed \$55,000 on a defaulted equipment financing agreement plus \$40,000 on an MCA. The equipment lender was threatening repossession. SOS prioritized the equipment debt to protect the business assets.
Pros & Cons
Pros
- 48-hour strategy deployment is the fastest intake-to-action timeline in the business debt space, critical when daily ACH payments are creating an emergency
- Lower minimum debt threshold at \$20,000 makes SOS accessible to smaller business owners who don't meet the \$25,000+ minimums at larger firms
- Fee range of 18-26% is competitive, with the low end being among the cheapest performance-based fees in business debt relief
- Lean team structure means your negotiator has fewer files and can dedicate more attention to your case
- Miami base puts them in the same time zone as many East Coast MCA funders, which can speed up negotiations
Cons
- Founded in 2019 with only ~\$95 million in resolved debt — significantly less volume than competitors who have handled \$500M+
- BBB B rating with noted complaints around timeline accuracy — the fast positioning doesn't always match the actual resolution timeline
- Smaller team means less redundancy; if your negotiator is overloaded or leaves, coverage may be thin
- Settlement range of 35-55% is slightly worse than competitors advertising 40-60% — the speed tradeoff may come with slightly less favorable settlement terms
- No legal defense capability — same as most non-attorney business debt firms, you need outside counsel if litigation arises
User Reviews (15)
fastest response I've ever seen
Called on a Monday. Had a full strategy document by Wednesday morning. They weren't kidding about the 48 hour thing. Every other company I called said 1-2 weeks for an assessment. When your account is being drained daily you don't have 2 weeks.
first MCA settled fast, second dragged
First MCA settled in 5 weeks like they promised. Second funder took 4 months of back and forth. SOS kept pushing but that funder was stubborn. End result was good but the timeline was way longer than quoted for the second one.
two MCAs settled in 4 months
Thought I'd lose my store. Two MCAs taking \$680/day. SOS paused the debits in 10 days and settled both in under 4 months. I'm still in business. That says everything.
timeline promises don't match reality
Told 4-6 months for my \$80k case. Took 11 months. The settlements themselves were fine at around 50% but I planned my business budget around a 6 month timeline and that didn't work out. Be prepared for it to take longer than they say.
lower minimum saved me
Only had \$22k in MCA debt. Two other companies said it wasn't enough to take on. SOS accepted my case at their \$20k minimum and settled it for \$11k in 6 weeks. Smaller businesses need help too.
good value for what you get
Settled \$45k in business debt for \$22k plus their 22% fee. Net savings were real but not as dramatic as the headline numbers suggest once you factor in fees. Still worth it but do the full math yourself before enrolling.
should have gone to an attorney first
One of my funders filed a confession of judgment 6 weeks into the program. SOS said they couldn't handle legal matters and referred me to a lawyer. Lost 6 weeks and paid SOS fees on the one debt they did settle. The lawyer said I should have come to them first given my contract had a COJ clause. SOS should have flagged that upfront.
equipment lien resolved fast
Equipment lender was threatening to repossess my trucks. SOS prioritized that debt and settled it in 6 weeks. Kept my trucks on the road. MCA settled a few months later. Exactly how they said it would go.
was nervous about the B rating
BBB B rating had me worried. Did extra research. The complaints were mostly about timeline expectations not matching reality. My experience matched — timeline was longer than promised but the actual settlements were good. They should just be more realistic about how long things take.
lean team = better attention
My negotiator Alex had maybe 15-20 clients. At the bigger firms they have 50-100 each. The difference in responsiveness is obvious. Alex answered my calls same day every single time.
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Important Business Debt Disclaimers
- Business debt negotiation and MCA defense services do not guarantee any specific outcome. Creditors and MCA funders are not required to negotiate, reduce balances, or modify repayment terms.
- Enrolling in a business debt relief program may result in continued collection actions, lawsuits, UCC lien enforcement, and bank account levies. No company can guarantee protection from legal action by creditors or MCA funders.
- If you stop making payments to creditors or MCA funders while enrolled in a debt resolution program, your business credit profile may be negatively affected. Late payments, defaults, and charge-offs may be reported to business credit bureaus.
- Business debt settlement fees typically range from 15% to 30% of the enrolled debt amount. Attorney-based programs may charge additional legal fees. Understand all fee structures before enrolling in any program.
- Merchant cash advances are not loans and may not be subject to state usury laws or federal lending regulations. Legal strategies for MCA defense vary significantly by state and depend on the specific contract terms.
- Forgiven or canceled business debt may be considered taxable income by the IRS. Consult a tax professional about potential tax consequences before enrolling in any debt settlement program.
- Zogby does not provide business debt relief, MCA defense, or legal services. We are an independent comparison service. We do not negotiate with creditors on your behalf or manage debt settlement accounts.
This page is informational, not financial or legal advice. Talk to a qualified professional before making any big money decisions.
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