Simple Strategies and Solutions for Small Business Debt Relief
When your small business finds itself struggling under the burden of excessive debt, it’s time to do something about it. Of course, everywhere you turn, there’s someone else hawking you another “solution” with a one-size-fits-all sales tactic that’s both pushy and tacky. Perhaps you’ve already done one of those Web searches and are still getting spam, texts and phone calls hassling you from company after company after company. The good news is that you don’t ever have to suffer through all of that ever again.
Not Another Loan!
When small business owners and managers find themselves stuck in that awkward position where they’re robbing Peter to pay the proverbial Paul, business takes on a new dynamic of fear and a downward spiral of negativity and short-sighted financial strategies that ignore the needs of your long-term success. Unfortunately, so many of the proposed solutions, ranging from small business bankruptcy court all of the way down to more loans to find relief from the ones you’ve already got, only make matters worse.
The answer isn’t another loan or a costly bankruptcy that will damage your credit and purchasing power for years and years to come. The answer is to use high-powered debt negotiation strategies to achieve a reasonable settlement that is able to be broken down into monthly payments that you can afford and free up cash flow from your debt servicing payments. In the vast majority of cases, this is the most appropriate solution when it comes to small business debt relief.
Customized Solutions Built Around YOUR Small Business
While the majority of small businesses will benefit from debt negotiation and consolidation through the outlet of a settlement, not every business will either quality or benefit. The first thing that you need to pay attention to is the type of debt your business is currently dealing with. In debt consolidation through settlement, unsecured debt is the key to success. The most common form of unsecured debt would be the ever popular Visa, MasterCard or American Express credit card, but there are other examples, such as personal loans and medical debts. Secured debts are generally settled in the form of repossession, which look bad on your credit history and show up about as long as bankruptcies will.
Real Debt Relief Experts
Furthermore, a qualified expert will need to take a look at your individual accounts and the interest rates that you are currently paying. For instance, if one of your credit card debts is racking up an interest rate of 20 percent or more, you can often renegotiate your interest rate by carrying the debt over to a different credit card first. This alone can significantly reduce costs, but often won’t work if a credit card debt has already gone to collections or if you don’t have a good enough credit score to qualify.
Tailor-Made Tactics For Your Company
Ideally, you’ll take advantage of an opportunity to gain access to a tailor-made free debt analysis that will look at your unique and individual situation with an eye towards the best ways to settle your personal and business debts. It doesn’t cost a dime and the insights you’ll walk away with will prove invaluable to the overall success of your small business. You may even find that, once you eliminate the overwhelming burden of debt, your business is suddenly free to climb the heights of prosperity, efficiency and a habit of operating in the black.
Isn’t It Time to Take Action?
If you would like to find out more about how your small business can tackle the growing burden of debt that has been accumulating over time, please take just a second to fill out our short form and set out upon the first step towards liberty from drowning, overwhelming debt. All it takes is a simple phone call or submitting a simple completed form to get started. Gain greater control over your cash flow. Take steps to make your income grow. Eliminate insane fees, penalties and other costs by hiring on the skills of a smooth negotiator. We honor your privacy and will never share your information with other organizations without your permission.
So what are you waiting for? Aren’t you ready to find a way out from beneath the burdens of devastating business debt. Get the ball rolling towards financial freedom in your future. Take this important first step towards regaining control of your debt by starting out with our free personalized debt analysis and recommendations. Working together, we’ll pave the way towards your financial freedom. Call us to begin the process of rising above defeating debt for a major financial victory.