When debt becomes overwhelming, it is a normal reaction to simply want to walk away. Unfortunately, whether it’s an individual consumer or a large company, ignoring the debt won’t make it disappear. On the contrary, if debt is left unsettled it can accrue interest, leading to additional financial and even legal complications. Nevertheless, as with anything else, debt repayment plans can be negotiated. The trick is in knowing how to come up with a business debt relief solution that is beneficial to both parties. As debt continues to grow, debtors tend to become more nervous, while creditors tend to become more aggressive. This mix of emotions makes it difficult for the two parties to negotiate fairly. Firstly, such negotiations detract companies from their business priorities. Secondly, when stressed and desperate for a solution such as DIP financing, companies tend to accept plans that are far from favorable, often leading to additional problems.
At Business Capital, we specialize in the art of debt negotiation. Our experts take the time to assess the situation and needs for each of our clients, creating an individualized strategy to get them back on track financially. We take over commercial debt negotiation for our clients, utilizing an amicable approach that helps repair any rift that may have grown between our clients and their creditors. The result: we typically design plans in which our clients pay as little as two to three percent of their debt a month.
Over the last ten years, our debt negotiation service skills have helped hundreds of companies recover from financial trouble. Don’t go it alone when you can take advantage of our expert services. Contact us today at (888) 499-4775 or fill out our online information form to set up your free initial consultation with our leading debt negotiation firm.