Business Debt Managmenet Reviews
Business Debt Managmenet Reviews
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Commercial Debt Counseling, a division of CuraDebt, has been providing quality debt restructuring since 1996, and have thousands of positive success stories. Commercial Debt Counseling keeps your budget, goals and vendors in mind before taking over the effort to reduce debt and increase cash flow. Fees are based on results and come with a satisfaction guarantee.
Performance Source is a business debt settlement company with over 40 years experience. Performance Source works to reduce outstanding business debt and charges a clearly stated 30% fee on the portion that they save you. Performance Source does ask for 20% of the amount you'd like negotiated upfront to cover any potential fees.
American Finasco works with business owners with gross revenues between $500,000 to $100,000,000 to reduce business debt through creditor negotiations. American Finasco charges an upfront fee, retainer and a portion of the savings they negotiate for you. This company is less customer focused than our higher ranked providers.
Wininger, Douglas and Green is a business debt management company that provides limited tactics to reducing your debt. While the process of working with creditors is spelled out, we had concerns with ultimately losing the suppliers and vendors you'd need to continue business.
This company tries to grab your attention by offering a free e-book to improve your finances. Once you get around the sales pitch and gimmicky language, an actual, poorly organized website exists for Goldman and Wise. We believe most customers will be frustrated with the layout and work required to get to the details.
Business Debt Management
Is your business swimming in debt You're not alone. Business debt balances are at an all time high. A slowing economy and the jobless rate have severely impacted sales - but not necessarily reduced business expenses.
Many businesses are struggling to get by and continue business efforts while managing significant debt. Staying in business means you have access to a credit line and have cash flow sufficient enough to continue to operate. With receivables due 30 to 60 days it can be a challenge to juggle the financial aspect of any business right now.
While bankruptcy seems like an easy solution, don't be fooled. Filing bankruptcy may mean the judge could liquidate your business assets - and your creditors may never be willing to lend to you again. Instead, many businesses today are getting help with their business debt in order to turn around their financial picture.
The companies they turn to can provide assistance negotiating with creditors, businesses, and suppliers in order to get your company back on the right track. The best providers are sensitive to maintaining positive business relationships with those important vendors that can make or break your inventory.
When looking for a company to help your business come out of debt, it's important that you select a company that is going to do a good job of reducing your business debt and not leave you worse off. You'll want a company that helps you obtain an effective solution to your delinquent business debt, help return your bottom line to a profitable financial status, and avoid business bankruptcy.
When looking for business debt management there are certain factors to consider in order to have a positive result. Some of these include:
TopConsumerReviews.com has reviewed and ranked the best business debt management services available today. We hope these reviews help you find the right solution to make your business strong and viable again!
Business Debt In The News
LeEco's ambitious, debt-driven expansion began running aground last year ... purchase cars that are not necessary for business operations, travel for leisure or pay for their children to study at private schools. Hu Wenyou, a partner at Yingke, a ...
Published: Thu, 14 Dec 2017 01:48:00 GMT
Almost $13 trillion. That's the eye-popping figure for total household debt as of September 30, 2017, according to the Federal Reserve Bank of New York. To put that in perspective, the former record was set in the first quarter of 2008, right before the ...
Published: Sun, 17 Dec 2017 16:44:00 GMT
The legislation would slash tax rates for big business and lower levies on the richest Americans in a massive $1.5 trillion bill. So let's list rising government debt on our to-do list of national problems - but nowhere near the top. The publicly held ...
Published: Fri, 15 Dec 2017 15:54:00 GMT
5 must-follow rules More: 6 cash-back credit cards for holiday shopping More: Start your own: 8 personal business ideas to explore The good ... which means they will erase their debt when their next statement hits. And 16% say they will erase the debt ...
Published: Thu, 14 Dec 2017 20:02:00 GMT
It is not the first time Travis has been accused of owing people money - he and a former business partner are being chased for debts relating to a previous venture. Travers has not responded to several requests for comment. LONDON - The founder of a ...
Published: Sat, 16 Dec 2017 03:00:00 GMT
even when they do not have debt, are giving up because the costs are too high. Sooner or later the system will crack. The Government should intervene to put the business on a more sustainable footing." Sharon Wilde, GMB national officer for care ...
Published: Sun, 17 Dec 2017 08:10:00 GMT
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