Some businesses are so over-leveraged that they will not qualify for lending at all. Are there any options for businesses in this situation, other than filing for bankruptcy? Yes, there is, and we have the perfect solution! It’s called Business Debt Modification.
We help small businesses gain relief from their business debt by modifying loan terms and restructuring their current payments. This type of program helps struggling businesses by lowering their debt payments by as much as 50 – 70%, thereby increasing the business’s monthly cash flow. Now, the business has the capital needed to continue operations without the need to borrow more high-interest money, and still pay off their business debts.
What types of business debt can we help modify and restructure? Unsecured business debt. Why would a lender agree to lower your business debt payments? Because unsecured debts are not tied to collateral that can be repossessed in the event of a default in payment. Therefore, lenders know that if you stay in business, they can get repaid over time. However, if the business files for bankruptcy, lenders know they are likely to get far less money back.
We work directly with you and your lenders to get you the most relief possible. We know time is of the essence. We move quickly to get you a resolution! In the end, our goal is to help you get debt-free which is why our Business Debt Modification program is an excellent solution for businesses struggling with high-interest debt payments!
Tell us a little about your business debt situation so we can customize a solution just for you!
