Reorganize and decrease the debt of the business:
This involves reviewing the current debt structure of the business and reorganizing it in a way that reduces the overall debt burden. This can be achieved through strategies such as refinancing, debt consolidation, debt restructuring, or debt forgiveness. By reducing the debt burden of the business, it can improve cash flow and create more financial stability.
Negotiate feasible payment arrangements with creditors:
This involves communicating with creditors to negotiate more feasible payment arrangements that are manageable for the business. This can include negotiating a lower interest rate, a longer repayment period, or a reduced principal amount. By negotiating feasible payment arrangements, the business can avoid defaulting on its debt obligations, which can lead to more severe consequences such as legal action and damage to credit scores.
Facilitate cooperation between both parties to achieve a mutually satisfactory outcome, often resulting in a reduction of debt ranging from 30-80%:
This involves mediating between the business and its creditors to find a mutually agreeable solution that reduces the overall debt burden. This can include negotiating a debt settlement agreement or pursuing a debt relief program. By facilitating cooperation between both parties, it can lead to a more efficient and effective debt resolution process, which can result in a significant reduction in debt.
Offer financing/loans during a period when banks are more cautious about risk and lenders are restricting their lending. We can present alternative options outside of mainstream banks:
This involves providing financing or loans to businesses that may be struggling to secure funding from traditional lenders such as banks. This can be especially helpful during times when lenders are being more cautious and restricting their lending practices. By offering alternative options outside of mainstream banks, businesses can access the funding they need to sustain or grow their operations.
Enable our customers to avoid dealing with creditors, collection agencies, and lawyers so that they can focus on their primary business operations:
This involves taking on the responsibility of dealing with creditors, collection agencies, and lawyers on behalf of the business. This can alleviate stress and anxiety for business owners, allowing them to focus on their primary business operations. By handling debt-related communications and negotiations, our customers can have peace of mind knowing that their debt resolution process is being handled by professionals.