Yellowstone Capital settlement lookup: was your funder covered?

By Solomon Wiesen, editor. Updated October 2026. Editorial standards | How this site is funded

Type the name on your merchant cash advance contract, or the company that debits your bank account, to check it against the companies named in New York’s case against Yellowstone Capital.

If your funder’s name matches one of the 25 Yellowstone companies, the New York Attorney General says 100% of any balance you owed it has been canceled, with nothing for you to file. If it matches Delta Bridge Funding or Cloudfund, the settlement does not cover you and the case against those companies is still open. The list above contains only names that appear in the Attorney General’s filings and the court’s decision, and none of this is legal advice.

The case in brief

Attorney General Letitia James sued Yellowstone Capital, Delta Bridge Funding and individuals tied to them on March 5, 2024, alleging that their merchant cash advances were loans at rates up to 820% a year. The case is People v. Yellowstone Capital LLC, New York County Supreme Court, Index No. 450750/2024.

The Yellowstone companies settled. The consent order and judgment was entered on January 16, 2025, for $1,065,000,000. According to the January 22, 2025 announcement, that total breaks into three parts:

• $534,552,724 in merchant balances canceled;
• $16.1 million paid right away by the companies and two officers, for distribution to affected businesses;
• about $514 million that the Yellowstone companies still owe on the judgment.

The full background, and how New York courts treat merchant cash advances as loans, is on our MCA usury law page.

If your funder is in the settled group

None of the following required any action from you, per the AG’s settlement page (last updated April 16, 2026). Your balance was canceled, whether the debt sat with the business or with you as personal guarantor, and so was any unpaid balance on a payment deal you had struck with Yellowstone. Yellowstone may not collect the debt or sell it to anyone else. Unsatisfied court judgments were vacated by court orders filed county by county. A judgment you had already paid in full was not vacated.

The other relief had deadlines, and all of them have passed:

Cash went only to merchants who filed a claim by January 9, 2026 and had paid Yellowstone more than they received. The AG says the fund could not cover every loss in full, the amounts are final, and neither the AG nor Rust Consulting, the settlement administrator, will reconsider them. Requests for settlement relief went through Rust’s settlement site.

If your funder is in the not-settled group

The consent order expressly excludes claims against Delta Bridge Funding LLC and Cloudfund LLC. The AG says Delta Bridge, also known as Cloudfund, took over Yellowstone’s business in May 2021, and that it has asked the court to declare Delta Bridge’s advances illegal loans and stop the collections. The court has not ruled on that request, and any ruling would apply only to Delta Bridge advances.

On March 4, 2026, Justice Paul A. Goetz denied the motions to dismiss brought by Delta Bridge, Cloudfund and the individual respondents. That decision is not a ruling on the merits: the court said it was not addressing whether the factual allegations are true, ordered answers within 20 days, and set the petition for April 7, 2026. We follow later rulings on the MCA law tracker.

The AG’s advice for Delta Bridge or Cloudfund customers is to file a complaint with as much detail as possible, attach documents, and ask your own attorney whether to keep paying.

If your funder is not on the list

A miss does not clear anyone or accuse anyone. The list holds only names written in the AG’s documents, and the AG notes that the name at the top of a contract is sometimes a doing-business-as name. Read the first paragraph of the agreement for the legal name, check which company debits your bank account, and keep in mind that the person who emailed you may have worked for a broker. The secured party named on your UCC filing is another clue; our UCC liens guide shows how to find it.

A Yellowstone UCC filing that is still there

The settlement only required Yellowstone to terminate liens on request, so filings from merchants who did not ask by July 8, 2025 may still appear. The AG notes that UCC filings typically lapse on their own after five years. Search your business name in the Department of State’s UCC search, linked from its UCC page, and enter the name exactly: the standard search returns the exact debtor name requested. If a live Yellowstone filing is blocking new credit, I’d raise it with your attorney and through an AG complaint.

Where to complain

The AG takes complaints through its online complaint form, including about anyone still collecting a Yellowstone debt. The office asks for agreements, payment records, emails and texts, and says to note in the form if you have more documents than it lets you upload. It cannot give legal advice, and the settlement does not take away any right you have to sue Yellowstone yourself.