Best Reviews TopConsumerReviews.com Best Business Debt Management Best Reviews
Best Reviews
      June 17, 2019

Home  >  Business Debt  >  Commercial Debt Counseling vs American Finasco

Best Business

Debt Management

  1. American Finasco
  2. Wngr, Dgls & Green
  3. Goldman & Wise

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
50 Things Successful Business People Have in Common Newsletter

Latest Reviews

Cruise Vacations

Fruit Baskets

Government Grants

Learn to Read Programs

Menopause Relief

Online Fitness

Paid Surveys

Personal Trainers

Pet Meds

Scabies

 

Individual Reviews

Commercial Debt Counseling

American Finasco

Wininger, Douglas & Green

Goldman & Wise

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Commercial Debt Counseling vs American Finasco

Best Business Debt Management

To help you find the Best Business Debt Management, TopConsumerReviews.com provides you with an in-depth comparison of Commercial Debt Counseling and American Finasco.

To see ALL of our reviews for the Best Business Debt Management, please Click Here

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.

Continue reading below reviews

Best Reviews

2019

Business Debt Management Reviews

5 stars
Commercial Debt Counseling

COMMERCIAL DEBT COUNSELING Visit Site

Cost:

FREE Debt Consultation. Based on these results, they can refer you to either commission-based or fixed-fee programs.

TopConsumerReviews.com Best-In-Class Blue Ribbon Award Commercial Debt Counseling, a division of CuraDebt, has been in business since 1996 providing creditor negotiations, business debt settlement, and arbitration services for thousands of companies each year.

As a member of the Better Business Bureau, Commercial Debt Counseling has a long history of successfully restructuring business debts that are held with corporate credit cards, vendors, suppliers, business lenders, and collection agencies.

In order to work with Commercial Debt Counseling your company must have sales totaling $150,000 a year or more and at least $15,000 in business debt.

Commercial Debt Counseling begins the process with an analysis of your company, debt situation, and cash flow. They also work to gain a complete understanding of your company's history, present state, and future goals. You help decide which creditors you wish to pay and how much you can afford. Based on this information, Commercial Debt Counseling quickly initiates the debt restructuring process - where they take over the communication with creditors, thereby allowing you to focus on your business again.

Commercial Debt Counseling is staffed with experienced arbitrators and uses a network of lawyers when needed. Fees include an initial retainer and commission based on their results. The retainer is refunded if you're not satisfied with their efforts to settle debt or create payment plans that meet your business needs.

Unlike other business debt companies, Commercial Debt Counseling asks that you hold onto your funds versus having them place your monthly payments in their trust. This aspect left us feeling much more in control of our finances, as well as gain confidence in Commercial Debt Counseling's intent to provide quality service.

Commercial Debt Counseling offers the highest quality, most affordable business debt management available today. If you have concerns with business debt, Commercial Debt Counseling is the best place to start.

Visit Site

3 stars
American Finasco

AMERICAN FINASCO Visit Site

Cost:

Administrative fee and Commission based on savings

American Finasco, Inc. is a commercial debt management company that has been in business since 1987. Located in Houston Texas, American Finasco works with clients that have gross revenues between $500,000 and $100,000,000. A member of the Better Business Bureau, American Finasco employs independent sales representatives, and a full-time Account Executive and Administrative staff to help stressed companies improve their chance of a successful business turnaround. A National Referring Attorney Network is also available to handle legal matters for clients legal fees are charged at a reduced rate.

To get started a telephone interview is conducted to verify information regarding your company's financial condition. American Finasco will contact your creditors, collection agencies or attorney to allow clients to receive immediate relief from creditor pressure.

There is an administrative fee and retainer upon engagement with American Finasco. Settlement fees are based on a percent of the savings to the client. Overall, the average American Finasco client pays only 60-65% of their debt load, including fees. Of course, each case is different and you may save either more or less than this amount.

American Finasco has been an accredited business with the Better Business Bureau since 1991. They have earned an A+ rating and have zero outstanding complaints.

American Finasco appears less customer service oriented as the focus of the website describes what they provide versus how they'll help you meet your goals. We also had some concerns with the amount of net revenue required to work with American Finasco, and if that would meet the majority of businesses looking for relief.

Visit Site

Continued from above

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:

  • Cost. Does the company charge set fees? Or do they base their commission on how much they save you?
  • Requirements. Does the company require a certain level of annual sales as well as a specific size of debt to work with your business?
  • Guarantee of Services. If you aren't satisfied with the service received, can you exit the program quickly and easily?

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!

Four Stocks With Low Debt And High Profitability

Among its brands are Teva, UGG, Hoka, Sanuk and Koolaburra. The company's debt is only 3% of equity, and it has enough cash to pay off all of its debt. The drawback is that the stock has already moved ...

Published:  Mon, 17 Jun 2019 06:52:00 GMT



A Guide to Rebuilding Credit After Debt Settlement

That's often what a debt settlement company will ask you to do if they're negotiating on your behalf. How long will it take to rebuild your credit. Settled debts stay on your credit report for seven ...

Published:  Mon, 17 Jun 2019 06:11:00 GMT



This 28-year-old short seller's hedge fund made a 24% return last year. Now she's eyeing the ballooning US debt pile.

While this year's short bet on German payments company Wirecard hasn't yet tracked the success of 2018, she's already plotting her next target. To find it, she said she started eyeing Americans' ...

Published:  Sun, 16 Jun 2019 00:03:00 GMT



Houston energy services cos. to combine, creating $1.8B company

including $255 million of net debt. The news comes just a couple years after Keane went public and C&J emerged from bankruptcy. The all-stock deal is expected to close in the fourth quarter of 2019, ...

Published:  Mon, 17 Jun 2019 06:00:00 GMT



Mammoth Energy Painstakingly Reestablishes Oilfield Services And Infrastructure Businesses

The low leverage would become an advantage if the crude oil environment deteriorates and servicing of debt becomes difficult for the highly leveraged companies. The business portfolio has taken a ...

Published:  Mon, 17 Jun 2019 07:38:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure