Paid in Full vs. Settled for Less: Which Option is Best?
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
Business Debt Management
Small Business Help | Business Debt Management If you’re a small business owner facing overwhelming debt, you’re not alone. Many entrepreneurs find themselves caught off guard by rising interest rates, slower-than-expected sales, or unexpected expenses like medical bills. These setbacks can quickly spiral, making it hard to keep up with loan repayments. At National Credit […]