Our debt relief team has experienced an increase in callers from company
owners seeking help with unaffordable business debts and struggling to
keep up with the large daily, weekly, or monthly payments. With the fear
of potentially having to close their companies due to insolvency, these
proprietors are desperately seeking a solution to
restructure their commercial debts.
Not knowing where to turn for reliable advice, a merchant will sometimes
fall into the clutches of aggressive cash advance brokers whom are all
too ready to stack additional advances with large fees, or even consolidate
the old debts into an entirely new
MCA cash advance or business loan. Although this might be a short-term band aid on the
problem, it is far from a permanent solution. Adding additional debt will
make it harder for the merchant to repay the obligation, so it simply
compounds the problem. The merchant would be left with a larger balance
to deal with in the near future.
Resolve Your Business Debts
Call (888) 301-0584 or
schedule a free evaluation.
Lower Your Payments
It’s better to try to resolve the debt sooner than later. If you
have indications that your business will be unable to meet its payment
obligations, you might want to consider calling your lenders and letting
them know about your financial hardship. They may ask for bank statements
or other proof of financial distress, but many lenders are willing to
offer a reduced payments plan to merchants that they deem qualified. Although
the lower payments might only be extended on a temporary basis, it can
still provide some relief to let the merchant get back on their feet.
Professional Business Debt Negotiators
If you are overwhelmed by business debt and have been unable to come to
a resolution with your lender, contact the Law Office of Simon Goldenberg,
PLLC to learn what we can do to help. We assist with
business debt settlement for defaulted commercial loans, credit cards, MCA cash advances, and other
merchant debts. As experienced debt relief advocates, we help merchants
explore all available options to resolve their defaulted business liabilities.
Call 888.301.0584 today to request your
free business debt relief evaluation.
*NOT LEGAL ADVICE.