Do Not Let Debt Run You Out of Business
In today’s business world, debt is a major concern. With rising costs and an economy that shows signs of failing, debt can accumulate quickly. This can happen to the local mom and pop stores as well as to large corporations. When debt grows to the point where more money is going out than coming in, a business could face the possibility of bankruptcy. If you are a business owner and you have accumulated debt beyond your capacity, contact American Finasco before you do anything. We provide a comprehensive debt re-structuring plan for businesses that have insufficient cash flow and assist them in bringing their debts current. Plus, we can provide this service with minimal interruptions to the business and its relationship with creditors. Do not let your debt get to the point where you are considering bankruptcy. More than 80 percent of the firms that file for bankruptcy do not survive. Also, on average, it could cost a small business owner as much as $50,000 in attorney fees and costs. Businesses that file for bankruptcy are placed under heavy scrutiny. They have to submit a balance sheet, an income statement, cash flow projections and about two to three years worth of tax records. A court trustee reviews these documents to see if the business can survive. If they determine it cannot, the bankruptcy is moved from Chapter 11 to Chapter 7 liquidation. Do not let it even come close to this. Call American Finasco and talk to us about our commercial debt management plan. We have a network of independent sales representatives who can talk to you about our plan. Come to American Finasco and let us show you how to stay in business while keeping your debts current.
Information about American Finasco
American Finasco, Inc. was started in 1987 as a Commercial Debt Management company in Houston, Texas. We provide services to businesses, both large and small, that are unable to meet some or all of their financial obligations. Today, we serve thousands of clients all over the United States. Most of these clients are dealing with legal demands, collection agents, and other issues that are preventing them from focusing fully on their own business operations. American Finasco has a network of independent sales representatives, a National Referring Attorney Network and account executives as well as administrative staff working for us full-time. In the 20 plus years we have been in business, we have battled just about every kind of debt issue you could imagine. Once you contact American Finasco, one of our sales representatives will interview you and answer any of your questions. The important thing to remember is that our plan can allow you to maintain control of your business. After all, isn’t that why you went into business for yourself in the first place? If you allow your debt to get out of hand and are forced to file for bankruptcy, the courts will take control. Our commercial debt management plan allows you to retain control, get more cash to the creditors, keep disruptions to your business operations to a minimum and do so in less time than it would take if you filed for bankruptcy.
Our Commercial Debt Management Plan
The American Finasco commercial debt management plan is a cost effective approach with low start up fees. In a bankruptcy situation, huge retainer fees are required, not to mention the fees you have to pay attorneys. Another part of the plan is called Third Party Intervention. This involves facilitating a new line of communication between debtors and creditors. American Finasco can provide the answer for a business seeking a debt solution as well as netting a profitable financial status. We also utilize the National Attorney Network. These attorneys can assist you with handling legal matters and court filings at a reduced rate. Other attorneys usually want a huge retainer fee to perform this kind of work. American Finasco also has a highly-trained negotiating team who can negotiate and manage the debt reduction process. With more than 30 years of combined experience, they can handle just about any debt problem you face.
We are a Buffer Between You and the Creditors
One of the negative aspects of dealing with debt is the constant harassment from creditors. They are known to call continuously, send several letters and even emails demanding that you pay your debt. Once your debt is assigned to American Finasco, the creditors start to look to us on how to get paid. We act as a buffer between you and them. This allows the business owner to concentrate on the daily operations of running their business. There are thousands of details a business owner has to pay attention to in order to run a business effectively. If you are distracted by creditors, it can make life very difficult. Consider our commercial debt management plan if you are in debt and let American Finasco, Inc. lead you in the right direction.
We Utilize a Pro-Active Approach
Once your debt is assigned to American Finasco, we will get to work right away. We are strong believers in using a pro-active approach to helping you relieve your debt. We will get in touch with creditors, collection agencies and even attorney representatives and let them know that American Finasco is now handling your affairs. Also, American Finasco keeps you in the loop as to what is going on with your claim. If you qualify, an account executive is assigned your debt after you meet with our sales representative. The account executive will update you on the progress of your claim, answer your questions and assist you with legal or high priority claims. To verify information on your company’s financial condition, we will conduct a telephone interview with you. This also gives us a chance to review your claim. Also, our experienced administrative staff will provide the best service available to our clients. Preserving your company’s reputation is main concern at American Finasco. We will handle the creditors in the utmost professional manner and keep your company’s reputation intact.
Our Program is Proven to Work
In the last 20 plus years since our inception, American Finasco has averaged more than a 95 percent success rate in negotiating a settlement and/or a reduction for our client’s debt. On assigned delinquent debt, we average a total cost of 60 to 65 cents on the dollar. This cost includes the reduced amount to the creditor as well as fees for American Finasco. This gives us an incentive to find the greatest reduction possible for your debt situation.
American Finasco has a Team of Experts
The team of experts at American Finasco has plenty of experience when it comes to negotiating debt. If you qualify, our negotiators will work hard in finding you a proper debt solution. We are committed to negotiating the greatest debt reduction on settlements and secure payment plans. Trust is very important when dealing with debt. We have earned the trust of many clients over the years because of our dedication to finding debt solutions. American Finasco has done it for more than 6,000 clients all over the United States since 1987. If you have a debt situation that requires assistance, let one of our experts help you find a solution.
We are Results-Based
You have heard the term “Talk is cheap.” At American Finasco, we do more than just talk, we get results. For instance, one client had a lawsuit settlement of $65,946. We were able to settle it for $10,000, resulting in a savings of $55,946 before our fees. Another client had a collection agency settlement of $276,780. American Finasco took on the client and settled it for $47,000, a savings of $229,780 before our fees. Do not let your debt sink you into oblivion. Come to American Finasco and we will assist you. For more, log on to www.americanfinasco.com.
