What is a UCC Lien/Confession of Judgment?

Employees are doing corruption by giving dirty money to signing contract.

What is a UCC Lien/Confession of Judgment? Many distressed small businesses face the common predicament of whether or not to agree to a UCC lien or confession of judgment (COJ) when securing a loan (which can often be a critical lifeline needed to keep a company operational). While a UCC lien or confession of judgment… Continue reading What is a UCC Lien/Confession of Judgment?

Paid in Full vs. Settled for Less: Which Option is Best?

Business meeting making a deal in the office. Signing a contract and paying in cash

Paid in Full vs. Settled for Less: Which Option is Best? Paying off a loan debt is a positive accomplishment for any small business. But for businesses in distress, debt modification may allow for the loan to be ‘settled’ as opposed to ‘paid in full.’ Although the everyday terminology typically used to describe these two… Continue reading Paid in Full vs. Settled for Less: Which Option is Best?

What is a Merchant Cash Advance and What are the Benefits for Small Businesses?

What is a Merchant Cash Advance and What are the Benefits for Small Businesses? Small and medium-sized business owners often require capital quickly in order to remain operational and grow to successfully compete in their respective industry. While some companies are able to access low interest loans or have the luxury of being funded by… Continue reading What is a Merchant Cash Advance and What are the Benefits for Small Businesses?

What is Article 9 Debt Relief and How Can it Help Your Business Recover?

What is Article 9 Debt Relief and How Can it Help Your Business Recover?   Introduction to UCC Article 9 UCC Article 9, part of the Uniform Commercial Code, was crafted to establish a coherent and consistent framework for secured transactions. These transactions involve a lender providing credit to a borrower with a promise of… Continue reading What is Article 9 Debt Relief and How Can it Help Your Business Recover?

What is Business Debt Modification?

What is Business Debt Modification? Creditors are in the business of lending money and generating revenue on the interest accumulated over the course of a loan. But what happens when a guarantor has trouble paying back a loan or cash advance? As creditors are not collection agencies, when a guarantor defaults, it’s bad business.  … Continue reading What is Business Debt Modification?

Micro Loans vs. Debt Restructuring

Microloans vs. Debt Restructuring A 2019 survey by the Federal Reserve estimates that about 70% of small businesses have outstanding debt. Taking on debt is a normal part of doing business, but unexpected events (like a pandemic or a recession) can make it harder to make your payments on time. As small businesses struggle with… Continue reading Micro Loans vs. Debt Restructuring

Cash Advance Business Debt Restructuring

Is a Merchant Cash Advance Right for Me? Cash Advance Debt Restructuring National Credit Partners is an A+ BBB rated business debt help organization that specializes in cash advance debt modification and business debt restructuring. We are not a lender or a debt settlement company. We are BBB A+ Accredited finance firm and also a… Continue reading Cash Advance Business Debt Restructuring

Business Loan Modification

What is a Business Loan Modification? Business debt is forcing companies to look toward Bankruptcy, National Credit Partners is the Solution Reduce business debt payments 40%-60% without bankruptcy or litigation Is your business having trouble meeting the minimum monthly payments of a loan? Businesses that find themselves struggling with increased production costs, decreased revenues, changes… Continue reading Business Loan Modification

Business Debt Consolidation

Business Debt Consolidation   You may have taken out some loans to take your business to the next level financially. However, you’ve suddenly found yourself in a place where your anticipated return on investment hasn’t materialized. And now, you are in a financial bind. The good news is that you don’t have to stay stuck… Continue reading Business Debt Consolidation

Lower MCA Debt

Merchant Cash Advance Debt Relief Consolidating all cash advances into a single loan allows a business to free up cash-flow, speeding up their repayment of debt and lowering their business’s debt ratios. These types of financial institutions include: Midprime Financing Reverse Consolidation Banks Credit Unions Institutional Lenders MCA Consolidation Specialists The required debt size and… Continue reading Lower MCA Debt