Three top questions from business owners.
How long will it take to get out of debt?
That mostly depends on how you fund the program. Some business owners fund as much as they possibly can in order to get out of debt in the shortest amount of time. Other business owners take a more cautious approach and choose to fund their restructuring with as little money as possible in order to preserve cash flow. The average time to complete the program is 29.1 months and get out of debt.
How much can I expect to pay back?
A fair estimate can only be made after your company has been analyzed, who you owe money to, what their negotiating leverage is and how much you decide to fund as compared to the amount of debt you have.
70.92% is the average percentage of debt paid back by companies that completed our program, including the cost of the services.
Can I miss payments and still succeed?
Yes, 82% of the companies that completed our program succeeded in spite of missing payments along the way. That’s because they understand how volatile cash flow can be and plan ahead for such occurrences. These clients paid no penalties or additional fees either. The average client misses about 4 payments and still complete the program.
You want the right people negotiating for you, Attorney, Trade Creditor Specialist, Credit Card Specialist, Lease Specialist, Advance & Loan Specialists.
Negotiate new affordable terms on secured and unsecured business debt including:
- Merchant Cash Advances [MCA]
- Equipment Leases
- Bank Lines
- Vendors | Suppliers
- Credit Cards
- SBA loans
- Other Secured and Unsecured business debts